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white privilege
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white privilege- (v) verb. The ability for people and institutions to openly discriminate against you for the color of your skin.
Strategic leverage is dead. All assets are being pumped to the max, if playing with leverage it's just a musical chairs game now. When the music stops the few unlevered will be the only ones in the seats. #endthefed
Have others also been forced into boarderline retirement? Not because you wanted to, just because the fiat exchange of your time is no longer affordable to most. Glad I've lived below my means for decades. It made it possible to have standards as the rat race continues downward
The mind of the boomer they still believe their dollars have value. Dealing with one when it's discovered they can no longer afford something, many cope hard and get upset.
Not sure why I even attempted to listen to a podcast with McCormick and Saylor. Made it less then 20 minutes. Saylor started talking about robots building homes, can these people get anymore out of touch? Perhaps robots will build the repetitive 100sqft shacks for the goy. But replacing on-site building in which each scenario is different is completely distopian elite dreamland.
The sp500 chart looks hilarious. The most mind numbing part is whenever it does finally crash.... because it WILL. How surprised everyone is going to be, especially the older. Like motherfuckers you've lived this before multiple times and it's still never been fixed but your surprised to see another crash? Stocks only go up
The obsession the elite have with maintaining attention is hilarious. They own the algorithms and still can't figure out why does the masses have attention spans of a gold fish. The really power move is chill. When the time calls pull attention, when it's unwarranted let the sheep roam
Private credit offering 8-12% yield. But not really many stop redemption or limits it. Alot of people need capital and can't get it.... up next, bankruptcies
6% inflation will be normalized, best part it's still wildly understated.
What's American culture? Lower level: Letting shitty artists drawl on your skin, while you vape and scream for a sports team with another man's name on your back. Middle level: debt slavery to pay the top and bottom Upper level: steal everything, write laws to protect the theft and corruption. Kill all whistleblowers.
American women: im not even on my phone that much. Also American women: 10,000 of the same selfies with less then 1 degree angle and facial change.
I've reduced my economic consumption to a crawl, ready to sprint for economic production. LFG
Boomers we're retiring with full pensions, no debt and large savings in their 50s. Millennials are full throttling towards 50s scaling huge debt loads with decaying time to ever actually pay back. Taking on 30y loans/ continued education that doesn't pay/ 7 year car notes/ unsecured credit lines with 20-30%apr in your late 30s-40s is the center fold of this epidemic. Then presented on social media as "success"
As more Leverage in fiat world gets pulled wages will correlate downward, as the debt slaves continue to increase the desperation for cheaper labor with smaller and smaller margins. Quality also follows this trend.... a true race to the bottom.
My nose is like 15% stuffy, we should probably shutdown the global economy. #cyberFED
I haven't shilled bitcoin to anyone in a long time, and honestly I won't at these prices. Dump this shit.
Contrary to the bitcoin loan sharks, if you give someone a asset like bitcoin they should be productive produce value and return with more bitcoin. The only possible way for a yield. And in that time while you wait for a return, you pray bitcoin doesn't pump or your just endlessly chasing break even parody.