Sounds like it's time to stop believing the way headlines and pundits phrase things.
this post was submitted on 03 Apr 2025
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Well, if US attacks Canada, Greenland, Panama, Greenland and Iran, then we will see once in 10 generation stuff !
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(2 replies)
See, I exchanged my 100% S&P500 401k to SPAXX in December, waiting for the crash. I've made 10%~ doing nothing! It took me a while to realize, but I'm finally going to buy the dip.
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Ill give a small example here how I know we are fucked. I leased a vehicle for 1900 a month back in 2022, the lease is up in October. I just bought a new 100,000 dollar truck today, I'm over 200,000 in debt already with barely enough to cover my monthly payments. They should not have given me this truck. But I'm a business, they give me anything. Sure I'll make 2 mill this year but they never once asked anything once I said a company was buying it. I'm personally saving money on this transaction but the fact that the financial system allowed this to happen worrying to say the least.
Don't worry. People like my parents will blame poor people for accepting loans that they can't pay.
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It’s almost like granting a supreme veto to a single, wholly imaginary ideology, and positioning it as a monoculture for how society values activities and production, is problematic.
We apparently did away with it once before through the separation of church and state, maybe it’s time to force the separation of bank and state.
To make matters worse, well, for my generation here in Denmark, 1983 is the smallest generation alive. That means we have the least voting power. Between us and larger voter pools, it's pretty clear who politicians will cater to.
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There’s only one thing to do. Kill John Lennon
It never really felt to me like the tech bubble crash was that big a deal to many people outside of a group of greedy rich assholes. There's always collateral damage of course, but the only change I really witnessed was a stop to people getting paid 20x the median salary after spending a few weeks with a Teach Yourself Perl in 24 Hours book.