Wait until you learn about passive indexes where the logic is you give me money = buy and then factor in the volume of assets under management in that cycle. Then take a look at retirement age and global average age trending closer towards retirement age lol do the math on that one
Blurntout
joined 1 month ago
I feel this with a healthy dose of decision paralysis on top.
Most important thing first start now he says as he over analyzes the details of the latest hyper fixation 😂 good luck out there 🫡
Op take a look at your other habits big and small with special attention offered to contemplating how compulsive they are / what triggers a craving etc.
If you want a good read related to the area dopamine nation has a mix of thoughtful interpretation and some valuable anecdotal experience for reference!
When you think about the percentage of corporate evaluations that are construed of intangible assets it gives me some hope that it’ll topple more like jenga than the bottom of a pyramid 😅
What’s your take on our current markets trajectory when considering a globally aging population with a disproportionate share of wealth / participants heading towards being net beneficiaries rather than contributors?
Personally I’m leaning toward inevitable collapse before you even attempt to factor geopolitical stability into the equation lol
The land grabs and foreshadowing with focus on extractive and tangible economic development gives me a sense that some state actors also see similar writing on the wall .
Curious on your thoughts :) thank you for the responses!
Thank you for the validation!
Do you have any recommendations on equitable policy we should champion? Would love to hear your thoughts!
Imports and immigration are just passing the burden of the shit jobs onto other undeserving populations capitalism still grinds away just out of sight.
automation is viable but when it’s implemented in a way that reduces manufacturing cost to increase shareholder value it fails to improve standard of living for those who don’t share in the value.
It really boils down to our reliance on private equity to support our open market economy. private equity’s goals don’t align with public good and ubi doesn’t make that go away
Please refer to our aging population and labour shortage for the pain points of people choosing better jobs like it sounds good in a vacuum but it really doesn’t hold up as a silver bullet.
It’s not so much they’re corrupt it’s just how markets are designed to flow from consumers to businesses.. they are relentlessly efficient and exploit human ignorance by design any increase in demand will drive increase in labour wanted if they can’t get someone here to make it what have they done so far? Go elsewhere to do it cheaper lol
Please reconsider your example of tax sales with the perspective of a pressure sales tactic designed to extract the extra income from “consumers” lol
Who are woefully undereducated in how to manage their money. When you think about those who are most vulnerable financially your proposal misses the point of the value of a basic income program :(
Agreed it is a huge bag of worms and financial literacy in the form of education is the only meaningful prescription.
Just important to acknowledge our systemic shortcomings rather than frame our situation as one where land lords add any real value to the equation. They profit off of other persons ignorance. Which is fine when that’s your choice and simplicity is valued but when it becomes the default because housing for an entire generation has been over levered and over financialized to the point it’s out of reach for most without a privileged start.
Sorry if my passion plays tone deaf I just can’t drink the business as usual coo-laid at this point 😅
Can you reword your response to the scale of a country rather than an individual?
Primarily how basic income would increase competition for labour? Stating an anecdotal scenario where you have more opportunity is a nice thought but does little to support or dispose the proposal
I can appreciate the sentiment of wanting to give back to community when you’re grateful and many people do donate and volunteer their time for such causes.
Your point that it could remove the need for minimum wage is a scary thought when you consider the corporate obligation to maximize investor returns.
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lol! Alpha state late stage capitalism upgrade to beta after the next reset!