Women dont date, they play hot potato and which ever man is desperate enough to hold a burning hit potato in their hands for sex, those are the ones the women keep around as assets in their life.
Men are lied to, women facilitate and maintain the lie, the government educated the lie, the police enforce the lie.
You understand what you are living in now?
2 months ago
Anonymous
>which ever man is desperate enough to hold a burning hit potato in their hands for sex
This. It's hard to get a gf when you're constantly getting new girls. This is why I don't get when men try to brag about a wife. Like you're just the guy that kept coming back to her for sex and holding the hot potato.
Everything IS great since stonks are up. 30% of my compensation is in american depositary shares for my company, and the other 70% has been rising 10-15% every year since 2019.
The only people complaining are the useless eaters. Competence is rewarded.
Because it is.
Everyone my age who grew up middle class is dirt poor, and I would be too if it weren't for crypto. The only unaffected Zoomers are people who started their own business young or have parents who own a business.
>who own a business
Why does owning a business protect you? What happens when that 50 million poured onto an oil well starts leeching back onto itself when the government doesn't allow you to sell the oil yet richgays with EVs are burning it at 27 dollars a gallon? Delusional
>I'm a software engineer WFH making 300k a year in an all white town in Iowa (because it's more based than M*nnesota) on a ranch with my 19 year old ukrainian fiance we will have 5 white kids
Wow good for you bruh.
Owning a business in America is a meme, terrible country to be an entrepreneur unless you're raising low interest funny money from your kosher network (to launder) >No 401k match >Self employment tax higher than normal income tax >No health insurance >No pension >Cucked unemployment if economy goes to shit
The PPP loan scam was the only good thing about being self employed apart from, you know, not working from Nosenbergstein
>have to wage away in a rented everything until you die >everything is just degenerate goyslop fed to you by force >zoomers have it so easy why are they like this
Brainrot boomer hands wrote that article
It's a CNN article. The audience for it is 50+ year old democrats. Because Democrats are in the white House they desperately need to gaslight people into believing the economy is good for people who don't already "have theirs".
Damn, how can the competency crisis even exist after that.
All of these doctors, engineers and scientists were hired in positions below their qualifications, this makes no sense.
Wait so now we get women on the boats to fug and don't even have to bring along e-girl sex dolls anymore? I approve, but only if we can throw the bio women overboard when we are done, just like the sex dolls / onaholes
If you don't go to college you're competing against the 60 million illegal hispanics already in this country, and the billions of poop skinned animals who want to enter.
that is literally the same with college degree jobs as well, did you even look at the image I replied to
no one is hiring white college educated men, it simply isn't happening, college education and college jobs are liberal in nature, they will pick everyone before you if you're white
the best option you has as a white man is cdl I think or just go homestead in west virginia
2 months ago
Anonymous
Yeah so you're moronic not surprising.
Do you do either of those things you suggested? Do you homestead in west virginia without a college degree?
2 months ago
Anonymous
Didn't refute my argument just ad hommed me, are you sure you have a college degree
Cdl is basically the only job left for white men in this country, for the most part
2 months ago
Anonymous
What about homesteading in west virginia like you suggested? Do you do that? Why would you even say something so moronic?
The data still shows that a degree has a strong positive roi. Without systematic change, like getting rid of blackrock who pushes dei, a 4 year degree for the white man is still the smartest play. You'll just have to work at a privately owned company untill blackrock is killed.
2 months ago
Anonymous
Once I save up 200k I literally will
I post the citybo threads
I would rather use arbitrage and pick the lowest cost and highest standard of living than try to maximize earning by going into debt
That's basically the entire college grad mortgage strategy
Everything has to go perfectly the way you planned it 10 years in advance
Part of the plan is 4 years spending money to get "skills"
CDL beats the piss out of that, roi wise
2 months ago
Anonymous
I knew you were a poser LOL
I can actually sniff out fake-ruralgays because of the Monero shilling
I love Monero, but the raw milk deals are done in BITCOIN, and it's real easy to know if someone is out of the loop on it
2 months ago
Anonymous
Citybo mad as all heck
2 months ago
Anonymous
Didn't refute my argument just ad hommed me, are you sure you have a college degree
Cdl is basically the only job left for white men in this country, for the most part
If you read this article, they try to spin the fact that white men have not been hired much since 2020 as a good thing. The stats they have show how fricked you would be as a white guy coming out of uni 2020-present. Punishing the younger generation. I dont know how it is considered legal to hire based on race.
>golden job market >it's all part time shit work >full time jobs have actually declined overall in the past year
WHAT'S THE MATTER GOOD GOYS YOU DON'T LIKE YOUR NEW LEFTIST FEUDAL STATE? ALL OF THOSE BROWNS WE KEEP IMPORTING IN ARE HAPPY WITH THEIR SLOP JOBS YOU SHOULD BE TOO
Millennial here. It took me 18 months to find a good paying job. After 6 months no one wanted to hire me because I had a gap in my employment and I had 3 years experience in accounting. So the odds of gen z getting one of these good paying job is very poor.
How is this a golden job market? I'm in banking and everyone is getting laid off left and right. I'm trying to get a new job and it's impossible in banking right now. It may be a golden job market for McDonalds workers, but nobody white collar is feeling safe right now, even tech.
Yeah tech is in a fear stage. This is so obviously a recession for the people on the ground and yet somehow the israelites have found a way to make it look better with the macroeconomic data.
I work in tech, and 90% of the people I've known who were affected by layoffs were the lowest performers in the company.
Zoomers will be fine as long as they aren't completely incompetent.
>Zoomers will be fine as long as they aren't completely incompetent.
>Zommers: *low skill jobs evaporate* >Boomers: HAHAHAHAH FRICK YOU LEARN TO CODE YOU USELESS IDIOTS >Zoomers: *White collar jobs evaporate* >Boomers: GO DIE IN THE STREET
People who are intellectually suited to coding jobs make up about 1% of the population. What about the remaining 99%? 100 years ago these people could have been living happy, productive lives working low skill labor and at now they are being forced into a future where they can't even afford to live.
Even coding won't save you, the economy is run by actual morons. I can engineer a precise, correct solution but it doesn't matter, because Frickwit with an MBA from Literal Who U will make the bright call to outsource me to Pajeet who will bankrupt the company with terrible coding. Frickwit and his investors have already cashed out right after "cutting costs" with Pajeet so they feel only positive reinforcement.
Look at Boeing, plenty of people knew how to build planes correctly, management did not care. The biggest lie in the Western workforce is that your competence/intelligence/raw skill matters. The only way out for anyone is to work for yourself.
>now they are being forced into a future where they can't even afford to live.
based. frick all sub IQ 130 monkeys.
2 months ago
Anonymous
Yeah, only problem is that the low iq morons are outbreeding intelligent people. I could get behind slowly ramping our society up towards high intelligence positions if we were breeding smart people. What we are heading towards is idiocracy where the stupid hordes are going to pull us down to the bronze age again.
2 months ago
Anonymous
I'm now on Schwab's side. Kill useless eaters. Behead normies.
>90% of the people I've known who were affected by layoffs were the lowest performers in the company
Yeah that's how layoffs work moron. What do you think the highest performers should go first or something
Stfu homosexual. Tech companies are only hiring "seniors" instead of hiring a range of people, then wonder why they can't find workers so they import them from India inspite of clearly faking their experience and degrees.
I was laid off because people at my company wanted to state a "works council". I worked for a Canadian software company in the e commerce space but in the German portion of the company. They simply fired everyone in Germany even if they had nothing to do with the works council. That was literally a crime but they'll never be held accountable.
im 35 and want to kill myself. the government fricked me and i cant afford a house or land. my business is fricked. I could've got 100s of thousands of dollars through Covid stimulus money. I regret not taking the money every day in my life
I'm 39. I feel like I'm fricking treading water now. My savings is not increasing or decreasing and my rent is now 53% of my post tax salary. If I buy a place, I won't be able to save up another emergency nest egg.
I'm an Engineer in automotive. The only way I'm getting laid off is if the plant shut down. (And even then, they ould probably keep me around for a few months to estimate the value of the equipment they would liquidate and sell to Chinese manufacturing plants)
I just hope I make it before then. If I have 7 figures I won't give a frick (except the small midwest town I live in would go to shit without one of the businesses in the area with the highest paying no skill blue collar jobs.)
Listen, there's a civilization-level project underway, and we are in the midst of it. They want to squeeze the middle class out of existence, and are working to accomplish that. It's working. Of course there's angst in the populous. Because we're not moronic and have eyes. The divide between classes has accelerated so much that even literal millionaires (in NW) are going to live less happy lives than their parents. They have debased money. Erected new barriers to entry (climate policies), and systematically attacked with oversaturation and immigration any career or professional path that acted as a social or class escalator.
It's working, and it's not going to stop. And near as I can tell there's not a lot we can do about it. Equity and Inclusion are the newest names of Marxism.
>Equity and Inclusion are the newest names of Marxism.
Right up until this point.
Marxist China is the only country in the world not shitting on its workers to redistribute their wealth to finance capitalists.
>Marxist China is the only country in the world not shitting on its workers
Because 12 year olds making shoes for 400 lb boomers while getting paid a bowl of rice per day is so based - by Marxist standards, apparently.
Ahem.
Pull your head out of your ass.
>muh doomporn it's over glowBlack person
Hatred for the system is at all time high. They went too hard to fast and they fricked up. The elites are not infallible and they make mistakes. They're fricked within our lifetimes, you're moronic if you think this is sustainable. This is not a call to action, simply a prediction. It will ironically be their own golems who destroy them.
I recommend leaving the US and cumming in hot foreign pussy and just watching it all crumble from a far away land while you rawdog women who don't hate white men. That's what I'm doing. Get yours and get out of the way so the building won't land on you when it collapses. It will collapse, just get yours and enjoy life and get the frick out of the way.
>you're moronic if you think this is sustainable.
It's not, that's the whole point. Lenin said "Accelerate the contradictions" so that any sufficiently free market will be collapsed by their machinations. Ots by design.
>It will collapse, just get yours and enjoy life and get the frick out of the way.
I would, but I care too much about my family. They need someone to lead them, because they're all lemmings.
I am happy for you, however. And I envy your freedom. But there's still something here that I have a responsibility to protect.
Just burdenmaxx imo
Why get a job? Just raid corpo warehouses
Why buy land/property? Just live in the wilderness, and raid boomer lake houses for supplies. If you "buy" a house, you don't own it anyway. You are only placing a bet that the government will enforce your property rights if someone else infringes on it. Which they will, until you go to war with the government itself (which we plan to) after which point goodbye goes your property rights because you're now against your former protector / enforcer
Adopt this kind of mindset, and you will truly be free. The only wealth you should be obtaining is frens. Specifically Gen Y and Z truefrens. For protection, collapse surviving, etc. The elites like Bezos will be alone in their bunkers surrounded by bodyguards who hate them, whereas we will be surrounded by frens and love
If just 3 politicians were killed for doing something they shouldn't be doing then they would all knock it off.
They're cowards and self preservation trumps all for them.
Going to war with the government would be the quickest war of all time
They'd knock it off, their donors would then find others willing to risk it to become decamillionaires. It's not the politicians that should be aimed for if someone were to do something like that, but obviously don't do illegal things. That's bad.
>If just 3 politicians were killed for doing something they shouldn't be doing then they would all knock it off.
No they wouldn't. We have killed at least
5 relevant politicians in Mexico in this decade (2020s) and the others won't stop. Just heard yesterday that one was shot dead (although they are calling friendly fire, either another politician or a corrupt bodyguard).
Yolo your life savings into a single trade
Free yourself by going >All in >All the time
Quit your job
Sell the car
Divorce the bawd Wife >You're walking now
Set stop losses at zero and never take profits until you see triple digit gains
Tell your boomer parents to dump their live savings into your ponzi scheme or you'll put them in a fricking HOME
Spread the good word of NFTs
Convert Crypto into drugs
Write it all off as a Business expense on your LLC
Max out your credit
Get more credit and max that out too >Why not it's free money?
Steal Catalytic converter to fund your blackhole of an investment account
Steal steaks from Walmart
Steal every amazon package within a 10 mile radius
Do all of this and now you're thinking like a modern day BUSINESS MAN
The future of the West is equalization with third world through mass migrations of inferior people whose job is to take down advanced economies of the West and bring in global shittierlevel economy.
you went jordan peterstein schizo at the end of the informative rant. marxism lost, is not relevant, no country in the planet is marxist has marxist policies. In fact every country is creating their own megacorps and in the near future they will do international mergers that will import a lethal amount of pajeets into every country.
20th century Marxists invented a new more virulent system thesis of Marxism and Fascism called DEI Stakeholder Capitalism. And it's working. It's killing America.
elon and many DEI haters use H1B1 workers, the DEI scare is pure deflection so they can keep cutting costs by hiring jeets and blaming Black folk when the wheels fall off.
2 months ago
Anonymous
>elon and many DEI haters use H1B1 workers
It's called playing both sides. We have to turn off immigration. The ship is sinking.
>Equity and Inclusion are the newest names of Marxism.
Marxism wasn't strong enough to destroy America, so they had to come up with a more venomous form of it.
Most likely because they have not been the beneficiaries of decades of asset price inflation, which has in fact occurred almost entirely at their expense
I am 36 years old. I am a sophomore professional with an advanced degree in a high-demand field. I even doubled my salary in 2020. Does my life feel twice as good? Frick no. I got a big enough raise to just barely beat inflation.
When I was a teenager, someone like me would probably be a rich man. I can't afford even a used car. The only vacation I can afford involves taking a week off to just play video games. I've cut steak out and now just eat hamburger meat. For me to afford even a 10% down payment on a home in my area, I would need to completely empty my retirement accounts and the mortgage would likely leave me with barely enough to afford doing laundry or go to the barber.
>When I was a teenager, someone like me would probably be a rich man
Not true, you would still be poor adjusted for inflation. Everyone's numbers are up
>I even doubled my salary in 2020. Does my life feel twice as good? Frick no. I got a big enough raise to just barely beat inflation.
These two statements are inconsistent.
>join military 4-6 years as a nuke >everyone tells you you can make 150-200k starting when you get out easy >don't even qualify anything special it's just free money >get half a degree and paid to do 4 years of college when you're out >have a 200k job and an advanced degree before 30 >tfw it actually is true
that's what I'd do if I were poor as frick but idk going to uni for four years to beg for an accounting job on x (formerly twitter) is good too
Holy frick a real-life shill. If you were a nuke you would know it's a 6-year contract, not a 4-6 year contract. You would know because you would have a countdown for every day that you're in till the day you got out. My guess is you're some kind of air force gay working at egland trying to get zoomers to enlist. I hope your fat wife cheats on you with an officer.
NNPTC will suck your soul. Then the fleet will harvest anything that remains. The bonus is alright tho, and when you grow up poor, well, them’s the breaks
>golden job market
Welcome to Wendy’s!
Welcome to Burger King!
Welcome to McDonald’s!
Welcome to ShartMart!
Welcome to Target!
Welcome to Comfort Inn!
Welcome to Exxon!
Welcome to Shell!
Here’s a DoorDash for Bob Boomer!
These are the jobs zoomers can expect to inherit in this golden job market
ok, now I know you are talking shit, Illinios is the highest taxed state in the coutnry, worse than NY or Cali and they had the highest population losses off the the midwest states, plus it's main city is Chicago which has turned into a warzone lmao.
Certain people say the economy is good
Most people know the economy is bad.
Nobody cares about numbers on a chart when their wallet is empty and they hate their job. >What do you mean the plantation is failing? Im doing great, just look at all these happy slaves!
People are entitled to their opinions, but they're not entitled to lies and deceit. Blows my mind how those people invent an entirely backwards reality even if it means harming everyone.
>golden job market
Even the illegal/green card Mexicans are having a hard time. The meat packing corporations fly over to sub Saharan Africa and Micronesia to kidnap people to work in those plants. Those corporations can't afford to pay the Mexicans anymore.
Christopher Columbus drove his diesel truck up onto the beach of Hispaniola. "Damn I love being white" he said, punching a native child as he climbed out. "I don't think this is China" said his navigator; "Shut up libtard" came the reply from behind a veil of cigar smoke. "Please sir" said the Taino chief, "these are our ancestral lands where we have lived in an entirely peaceful utopia for thousands of years. We don't even know what war is."
"Sounds like WOKE NONSENSE to me" guffawed Columbus, his very presence introducing microplastics into the ecosystem as he cracked a Miller High Life. "This is MAGA country now, boy" he proclaimed before shooting the chief with an unregistered AR-15. The other natives scattered in terror, sheltering their nonbinary tribe members from the bullets and slurs that now ripped through the treeline. "Kek" said Columbus, loading another 30-round assault clip. 'This is based. Wait until IQfy hears about this."
Christopher Columbus drove his diesel truck up onto the beach of Hispaniola. "Damn I love being white" he said, punching a native child as he climbed out. "I don't think this is China" said his navigator; "Shut up libtard" came the reply from behind a veil of cigar smoke. "Please sir" said the Taino chief, "these are our ancestral lands where we have lived in an entirely peaceful utopia for thousands of years. We don't even know what war is."
"Sounds like WOKE NONSENSE to me" guffawed Columbus, his very presence introducing microplastics into the ecosystem as he cracked a Miller High Life. "This is MAGA country now, boy" he proclaimed before shooting the chief with an unregistered AR-15. The other natives scattered in terror, sheltering their nonbinary tribe members from the bullets and slurs that now ripped through the treeline. "Kek" said Columbus, loading another 30-round assault clip. 'This is based. Wait until IQfy hears about this."
Anyone calling this post based is definitely under the age of 18, what the frick happened to this website? Praising a literal youtube comment tier copy pasta, for fricking shame
Anyone calling this post based is definitely under the age of 18, what the frick happened to this website? Praising a literal youtube comment tier copy pasta, for fricking shame
>tfw a wagie supervisor in a little warehouse >probably have less net worth than the guys I coordinate all day because they live with parents and only buy weed and snacks >nearly half of my after tax pay is just on rent >I was on the street at 18 because I missed the white privilege memo
>inheriting a golden job market
lol at their attempt to make it look like boomers left the world a better place. Since when is part-time jobs and zero-hour contracts a "golden" job market?
Im a millenial and as an IT consultant I have been asked by a boomer IT manager to attend a few job interviews with zoomer candidates. Nearly every time we agreed the candidate lacked competencies and experience but we also expected that so we gave the green light to 3 candidates already based on their potential in our estimation. Each of the 3 candidates ended up not starting the job. Its like zoomers change their mind after they can start the job?
Yes, I've been applying to jobs in europe since there's fricking nothing here and I got tons of response in france and sweden. Not getting anything from switzerland and germany, though. It's funny because I hear that it used to be fricked if you didnt' come from a grande ecole, but now it seems people got the stick out of their ass and the french job market is growing well as a result.
Also about the zoomers not showing up: it's for the same reason I think, they just have too many offers because you are right now in an employee market, not employer market.
I was given a single-phase interview once, I've never had an interview process less than 5 interviews long before.
My boomer parents could buy dirt cheap or heavier costly and it would represenbreasts value.
Today you buy things that have been shaved down to "bare-minimum" to cram more money into starving ceo pockets and the quality control line ends at "functioning somewhat".
Buying a non starched carhart is normal now due to the fashionable throw away mentality ushered in by greedy boomer homosexuals that think everything is still easy.
We spend several paychecks just to buy designer garbage because thats all thats on the shelf.
"Job creation skewed toward part-time positions. Full-time jobs decreased by 187,000 while part-time employment rose by 51,000, according to the household survey. An alternative jobless measure, sometimes called the “real” unemployment rate, that includes discouraged workers and those holding part-time jobs for economic reasons rose slightly to 7.3%."
So the economy is actually being hollowed out. The good high paying full time jobs are declining while the shitty low paying part time jobs are increasing. The reason the job numbers look so strong is because people are working multiple part time jobs.
Wow, the absolute pilpul of this israelite. Note how its all trying to deflect everyone on the goyim, the goyim they hate the most. A White Christian male, he is "ruining" everything.
No opportunities
Everything is expensive
Every consumer category is chock-full of rent-seeking
Too much competition
Weak labor unions/tons of anti-union laws
Social supports dismantled
Tax cuts only for the rich
Middle class jobs dismantled since 1980
>golden job market
stoked to apply for hundreds of jobs so i can go work with a bunch of shitskins and trannies for frick-all money!
just kidding. i only work for myself hahahahaha now. i'm never having a gay boomer job/career so the homosexual government can give 50% of my income to shitskinned/3rd world scamfricks to live on welfare with their dogs while i can't buy a house with an engineering physics degree. send 90%+ back and get rid of the gayflag, you anti-White homosexuals, then maybe i'll consider working for your shitty homosexual companies and frick-all wages. why would i do anything other than frick-all for your company other than collect a paycheck? hahahahaha, you import a bunch of classless shitskinned scamfricks, attack White people like you're paid to do it, and force homosexualry upon us, and still expect me to work for you? HAHAHAHAHAHAHAHAHA
if you're young and White, please (legally) take as much money as you possibly can from the government every month, and put it in btc. you deserve it infinitely more than all these homosexualy little 3rd world dumbshits looking for free handouts, LARPing as Westerners. all these muslims, indian and african POOMEN are quite literally inferior to the average White. i can't stand all these brown homosexuals. these dumb chimps cross in the middle of the street like they're in bangladesh, all while LARPing as good and loyal western citizens. they are shit-tier people, if you think they are equal to Whites/Westerns you are just a stupid booomer frick who watches tv and doesn't know any of these "people". the rich ones are as bad or worse, since they are the scumbags who sold our their countries and enslave their own and take bribes.
I actually am part of the "it's not that bad" gang but this has got to be a HORRIBLE time to be entering the workforce, and an excellent time to be 10-15 years into a relatively coherent career narrative.
They are all red states you wienersucker, why are they the lowest growth states in the US?
Wisconsin is literally ranked 2nd last in the whole US for construction worker wages.
Foxxconn was a scam that the Republican Scott walker and Donald. Trump helped push through, it literally was a scam project that didnt bring any tech jobs to wisconsin, just drained funds from tax payers and grants.
Most of us can’t find a job because entry level positions take 5 years experience. Yeah Walmart pays 15-17$ an hour but that only goes so far when you’re in the hole for student loans.
im 35 and want to kill myself. the government fricked me and i cant afford a house or land. my business is fricked. I could've got 100s of thousands of dollars through Covid stimulus money. I regret not taking the money every day in my life
Be glad you didn't take the money because now the government is apparently going after a lot of those loan recipients claiming that they were actually ineligable to recieve the funds and that they now need to pay the money back.
You dodged the governments entrapment by not taking that money.
Gen Z gays don't have any skill or whatsoever, 90% of them want to be le influencer, and in case of girls. zoomer girls are the most loose girls in any generation, they literally glorify bawds.
Yes but the women that actually go outside are bawds on advantage. I went on at least a hundred dates with zoomer women, as a zoomer mind you, and the vast majority of them had a 5-20 person body coun on the low end.. I met three that claimed to be virgins, which mattered to me because I was trying to save it for marriage at the time, one of them wanted to cut it off because she wanted to sleep around before getting into a serious relationship. So sure technically zoomer women are sexless on average, but you have to basically meet them through their parents or get exceptionally lucky to find one naturally.
Last year I decided to take the self improov pill, woke up out of a long vidya addiction, decided to clean myself up and start caring about my future, and it's starting to set in that I missed all the important train stops. Everything is basically quadruple as expensive as it was 5 years ago, but wages haven't budged an inch. What the frick are you even supposed to do now? I'm sidelined from housing in both the cities and suburbs, and the WFH train has long departed. The uni CS degree golden goose has already laid all its eggs, and I looked up blue collar trades, which everyone reports that the dick and ball torture grind-fest to get your apprenticeship hours no longer beats inflation even.
Everyone is arguing that the other owes them. Crew and owners at mcdonalds are at eachothers throats.
The money is all in investments. Business owners are losing profit to the inflation of wages. Nobody has any money to spend, all the rich are living off stock gains and that is the only wealth up for grabs as a business owner. But rich people don't want fast food and they don't want random formations of plastic in different shapes. So we blame eachother for the missing equity.
its like sawing off the tree branch your sitting on
min-maxing the productivity to profit gap until you go to far with rentierism and stop paying people enough to consume there for collapsing markets.
However if you take McDonalds for example, there total business makes money but the profit margins for the franchises are getting slimmer and slimmer. Eventually costs will not only encase (namely labor) that not only will income break even but be at a loss and you'll see McDonalds start to close, implies don't get payed other business slow, banks have increased defaults. And the avalanche begins.
You ight say "Oh its just McDonalds" but what about all fast food or restaurants, what about Walmart which is the largest employer in the US. Walmart its self doesn't even need to be doing bad, just enough of its customers have to for it to dragged own with them.
The what another bailout, which will just but us back to massively increase the debt and inflation yet again and you do that on a shorter and shorter time span. Until you cant do it anymore. Because the branch you where sitting on, your sawed off for short term gain.
So, what do you do then? Sounds more like people are just living beyond their means, if only solution is to just inflate more and kick then can down the road a bit further.
Yes, we are consuming more recourses than we produce, thus we are living beyond our means. That's what credit is, its synthetic energy. That why we got rid of the gold standard, because there's not enough gold at this scale to keep growing.
That's the difference between Jimmy Carter and Ronald Ragan. Carter wanted people to accept less. He go on TV like Mr. Rogers and tell people to wear a sweater if its cold. Raegan said frick that shit, just deregulate everything and pump the system full of credit. Americans went for the credit card over the White House solar panels.
Just know that the world is a meta system of energy flows, and capitalism is powerful because it and create synthetic energy called credit by barrowing from the future. How ever when ever the bill comes due, you can reup con debt. But ever time you do the cost is more and payments must be made more frequently(due to the risk).
After 08 we just left interest rates at 0, the FED acts like that's a bug, but it was the defining feature of post-08/preCOVID economics. In 2018 when Yellen tried to rise the rate the market shit its self, so so had to lower them again. Now Powell has an after COIVD to keep rates up. There will NEVER be a FED pivot. In fact the rate will probably go up more in the long run.
The final bill has come due. Credit car maxed. The future of politics in not the culture war, after '24 you will see a shift in to class conflict . Its a matter of which party gets the unions and which one becomes the business party.
2 months ago
Anonymous
>because there's not enough gold at this scale to keep growing.
sounds like a moronic fallacy
2 months ago
Anonymous
If all cash has to be backed by gold then by definition the volume of money has to be lower because there's less of it in the economy. Thus there would be less growth do to less transactions. Reagan was just continuing what Nixon started.
As long has people get paid and there's food at the store, then they have to reason to say no to fiat currency in the near term.
2 months ago
Anonymous
no, you just make it take more dollars to redeem gold, basically let gold hit price discovery
if the zoomers in this thread are anything to go by, they are literally pathetic worms that arent really capable of anything, have no skills, have zero confidence, and just whine all the time
a cdl at my local community college is 4k, you supposed to hold a fulltime job, get a cdl, live in a homeless shelter, is that how you made it, just curious
your goalposts for making it are outrageous from the jump so it's pointless
I just got A's in school, good test scores, was awarded plenty of merit aid for university as a white male in the 2010's, got A's in university for an in-demand major, and consistently worked an office job for a decade
that was enough to become a millionaire
You are literally gifted in attention span and work ethic, that's like saying hey I have genius level iq, why can't you just ace every class and find motivation in stupifying school work
What skills are you referring to, something that most people actually have the capacity to obtain
I'd say cdl but you need to find a program that offers training, otherwise it costs a decent amount
2 months ago
Anonymous
Lol eat shit you fricking monkey. It’s morons like you who burden the system. Should’ve stayed in school and made better choices.
The fact of the matter is that zoomers are detached from reality due to being raised by the Internet and lack skills.
2 months ago
Anonymous
School is israeli
What skills should they get
2 months ago
Anonymous
does it look like I listed any actual skills there?
the only skill worth developing from birth until you enter the workforce is the ability to learn and the only way to have legal evidence of this is a degree in a difficult in-demand major
if you think this is nothing more than a israeli scheme and that your ability to pay attention comes down to genetic lineage then it literally does not matter how "good" the economy or job market is because you will have zero success in it
2 months ago
Anonymous
I agree, a lot of boomers are moronic. Very moronic. But I would like to inform you that there are outliers such as yourself and now in this current system they're screwed over in favor of diversity hires. This is happening in every field, even surgeons and pilots. Simply having a high IQ won't save you, you have to be colored. There are high IQ zoomers, zoomers with passions and direction. You won't see them, they sit in their rooms tinkering, building, and actually working while the endless swarms of cattle get their stimmies and work in jobs they hate with female bosses. Believe me they exist. They're quiet, they stare with tired eyes, and they're rare but they exist. I have been told that I'm "one of the good ones" and that there still is hope for this generation. There isn't. There's too many morons but I hope to profit off this competency crisis. Although I fear when it is time to hire competent employees, the employers will have forgotten what it means to be competent.
The greatest distinguishing factor I've had for what is a good zoomers is whether or not they have a side project/passions they like to work on. It's an easy thing to ask and it indicates skill (which is lacking in this generation).
God help us all
t. Zoomer
2 months ago
Anonymous
*Zoomers in the first sentence, I actually like boomers as people because they have fun stories
2 months ago
Anonymous
Additionally a lot of competent zoomers don't see a reason to work diligently. Why work for a corporation that hates you in a nation that doesn't care about you, surrounded by people with no ambitions yet outrank you. Why work when all the women are harlots, people see you as a problem (you're white), and all labor is being imported or outsourced. Why work when nobody cares about you. Why be a slave when you can do what you're called to do, to follow your passions and create things that people love.
I got all that but I left my job where I was saving >100k a year because I couldn't handle the ludicrous amount of politics. Talking about people sucking manager dicks almost in the open to get promoted, others dividing the whole company and creating an internal war claiming to be sexually assaulted every 5 seconds causing half the org to be fired, collaborating org logging into our machines to manually shut down our processes then claiming our processes are running out of memory so they can one-up us in the next quarterly perf report, being shitcanned for performing too well because the manager is threatened by the possibility that you'll be promoted soon, etc.
I just couldn't do it.
So I went back to school, normally it would have led to even higher salaries and a guaranteed job out of the gate, except my entire field disappeared a year before I was done.
2 months ago
Anonymous
What field?
2 months ago
Anonymous
>except my entire field disappeared a year before I was done
2 months ago
Anonymous
reminds me of when I was targeting a defense industry specialization... then the Berlin Wall fell.
2 months ago
Anonymous
What field?
Deep learning.
Companies think they can just use gpt to cover every usecase I used to have a secure job for. Deep learning roles have vanished as a result. The closest thing is glorified prompt engineering roles, but they're mostly looking for data entry-tier morons rather than people with a background in deep learning nowadays.
first person to apply/first to be at top of recruiters stack when they go to read is the only way I ever got interviews. Never went past that though once they realized they had 100s of people to choose from.
Sounds how my job is. Except my company laid off a bunch of people and now it looks like I'll actually be doing hard work again instead of easy shit. AND get less hours, funny shit.
2 months ago
Anonymous
it requires a decent amount of training and passing multiple tests, so that should give you a hint along with everything else I've mentioned in this thread
so I'm already like 3/4 of the way through the process of being qualified for the job, and I've been doing smaller things for them in the meantime
so I think the job security is definitely there, it's a slightly odd schedule though
Definitely Gen Z's fault. They need to work harder or get a second job. Stop spending money on useless garbage. If you've got to pay rent and it's 40% of your salary, just be glad you aren't living at home and have someone willing to pay the house insurance and take on all the risk with the property. We should import more immigrants. Maybe it would inspire lazy young folk to pull up their socks and get off their phones once in a while.
>Stop spending money on useless garbage
Tell that to my boomer grandma or women in general, not me. I use 9 year old phone, I pirate or get free media, don't drive or own a car, don't go to restaurants.
Its Eid day here today. As being a student I don't have enough funds to celebrate this day. Not even good cloths or foods I have. Can someone donate me $1k? Will be really helpful, I could celebrate my days well.
I remember when zoomers were shitting on millenials for warning them this would happen. They called us lazy and whiny, that they had it all figured out. You can apologize to us any time.
When I was in high school a 13 year old honda was like 2-3k. Now a 13 year old honda is 13k.
If my BIL wasn't an executive I would've struggled to get a good job out of school
You're going to have working outside of the system if you want to avoid starving. Start a gang/mob organization and throw folks out windows to take over the unions etc.
In Yurope I tried to get tech job as fresh graduate after 2015 and managed to land one as a contractor after traveling two countries for 7 eurobucks/hour. Lived in an apartment with 3 other people and mushrooms were growing from the walls. Flats were going for 200 000 eurobucks.
Now I'm earning like 50 yuros/hr and flats go for 500 000, if it wasn't for crypto I don't think I could wait untill I'm 75 to retire
50 yuropoor funnybucks is super good for europe. Where and what are you doing?
Also you're supposed to get a mortgage. On 50 e/hr for 500k that'll be super easy.
Bidenomics is working chuds keep up the sass and malarkey and we will have you all DOXed and fired for racism. Daily reminder YWDS and the ZOG will continue steam rolling over you pasty crackkker cowards.
Feels good to be in IT working at a law firm. Decent pay, recession-proof industry and my coworkers are all so inept that I'd have to pull out my dick and/or shit on the floor a couple times to get fired.
Not him (5th year attorney) but yes and no. Law is probably the most risk-averse industry and the boomers in charge are terrified of being on the hook for a robot's mistake. On the defense side and in any non-contingent plaintiff's work, you bill by the hour so there is an incentive to be inefficient, and right now there is a perception by firms that they will lose prestige for mentioning AI in their billables. On the other hand, plaintiffs firms that charge contingency are going balls-to-the-wall with using ChatGPT to draft briefs etc. I've done this before, and the results are very impressive, it can cut down on your time to finish a 1st draft by days, but it isn't really more useful than starting from a good template if you have one. It's just a matter of time until someone releases a model that gets the arguments/case cites right 99% of the time, and at that point the cat will be out of the bag as early-adopters are able to offer their clients mega-discounts and everyone else is forced to follow.
I ultimately foresee this as a good thing for anon's career because as mentioned, law firm management is firmly in the hands of mega-boomers who will be willing to pay whatever it takes to maintain the magic technology they depend on.
>It's a Golden Job Market... because it just IS, okay?
I was having a conversation with my mom yesterday. We were talking about money, and about how I'm $1,200 poorer after filing my taxes this year and including the extra side income I pulled to try to get ahead of all of this inflation. I barely make $40,000 a year. I have modest savings and investments. I try to be good with my money. I cook, I shop grocery sales and keep my freezer stocked, I have a vegetable garden again this year (all started from seed- didn't spend $5 or whatever the stores are asking per plant), I do odd jobs on the side. If something breaks I try to fix it rather than call somebody in or just throw it away to buy new. I don't eat out unless it is somebody's birthday or something. Hopefully that gives you an idea of how I'm not a complete moron when it comes to spending what little money I earn.
The problem is how LITTLE I earn. It's not how I manage it. I went to college and have a BA and an MA. I'm also a trained graphic designer. What I'm earning is about as good as I can get. If I were 18-years-old today, and looking to enter college, I probably wouldn't go at all. I have a friend who skipped college and went straight to work for Walmart. Our income is roughly the same.
"Golden Job Market" my ass. The jobs I see available in my town is anytime yet another Dollar General opens. There just aren't many people out there who need an editor or a graphic designer for their business. All of these little markets have completely dried up. I know how to cook, but if I were to try to find a job as a cook, I'd be VERY lucky to find one at $17 an hour. Corporates don't pay and people can't afford to open restaurants. I'm very good with gardening and with houseplants, but to earn money that way I'd have to go minimum wage at Lowes or Walmart, and be asked to do a dozen other things as well. There simply are no good jobs anymore for people like me. We weren't all born to be surgeons.
>There just aren't many people out there who need an editor or a graphic designer for their business. All of these little markets have completely dried up. I know how to cook, but if I were to try to find a job as a cook, I'd be VERY lucky to find one at $17 an ho
Are there any opportunities for a graphic designer? I mean, something you can branch out on your own?
Opportunities are extremely limited. The market is very saturated. I've been networking and have managed to pull together a few gigs that I hope will last as well as maybe get me some referrals. The problem is sites like Fiverr flooding the market with foreigners who operate from templates and charge, like, $5 to design a logo. Since I actually know what I'm doing with regard to layout for magazines, reflowable text for epubs, and how to make documents accessible (a growing requirement for many) I should not be struggling the way that I am, but I am. All of those businesses aren't opening anymore that used to hire graphic designers for branding, or for designing their brochures, or menus, or whatever. It's all yet-another-fricking McDonalds or dollar store, and they're all franchises or whatever and have all of that taken care of by corporate.
if fiverr people are your competition you need a new position. your work should be too complicated to explain to someone who has to use google translate on everything.
2 months ago
Anonymous
You're clearly too young to comment. Whether pajeet can do the job for $5 and whether someone is willing to pay you market rates to do the job instead of paying $5 for pajeet to frick up and deliver nothing are two totally different principles, which anyone with even the least bit of real world experience is painfully aware of.
Look into graphic design for influencers, specifically thumbnail designers. I can't say for sure if they pay well, but I constantly and consistently see creators complaining about not having enough people skilled enough to make clickable thumbnails. Network on twitter if you haven't already and cold call people with your work. Hope you make it anon.
Do you have a business registered? If not, start one so you can write stuff off. That'll at least help out with your taxes. Write off everything you can get away with.
>The problem is how LITTLE I earn.
That is completely correct. While it's good to be frugal, a person is going nowhere scraping together savings from $38k/yr.
The grocery store tells the tale.
Went there yesterday, shelves kinda barren, prices through the roof.
But I keep hearing inflation is coming down.
I don't get it?
>dollar losing value fast >bond market taking a shit, world is offloading it's US debt >consistent food price increases >banks are insolvent and going under
But yeah sure, keep trusting the cooked unemployment data. Keep believing everything is great because stonks are up.
Everything IS great since stonks are up. 30% of my compensation is in american depositary shares for my company, and the other 70% has been rising 10-15% every year since 2019.
The only people complaining are the useless eaters. Competence is rewarded.
For my area, and it is a rather small town, to live in the glory of the middle class lifestyle I grew up with, the household income would need to be $200,000 or even $300,000. Keep in mind I'm recalling the days of the middle class home being actually OWNED by the parents, having a nice big yard with a swimming pool and a jungle gym, multiple vehicles, at least three kids (all enrolled in extra curricular activities at an extra expense like ballet, or music, or gymnastics, soccer, etc.), a trip to Disney World every summer, a spring break vacation, and a Christmas vacation. Buying each kid their first car, even if it were a bit of a clunker. Being able to pay for your kids to go to college rather than have them saddled with debt. That doesn't sound like a middle class lifestyle, does it? Sounds rather wealthy by 2024 standards.
A man doesn't need much but each day he is receiving less and less. >Like a horse working himself to death
I was always poor but when I was a kid I had hope that one day I'll at least have a place to call my own.
Now I see that almost all options lead to debt slavery >Doesn't mean I won't try to achieve financial security for myself and my family
I'm a gen z (or zillenial maybe, 1996). And, well, I can afford to life, especially since my parents gave me a commieblock flat to live in. Probably would never be able to afford my own house besides inheritance, but frankly I think I prefer the flat living over slaving around the house. Still wish I had a better paying job and a loving gf...
So things are not too bad, I guess.
Don't know if I'm 0.5, considering my wage is not that much higher than minimum, but when not renting and living fairly frugally it's a decent enough living. People in the past had it worse, for sure. So I guess I shouldn't "chase God to a tree", as the saying in my country goes.
In the past people could afford to buy a house on minimum wage. There is no time in history save at the beginning of the industrial revolution that people had it worse than right now.
Also 0.5% by net worth in that case, not wage of course, since I don't know what your wage is or what that's worth in your locality.
2 months ago
Anonymous
I guess that's true, but in my area hundred years ago some people still lived in houses without chimneys, and you can forget other appliances or even electricity. And you had to do hard manual labor as well and be quite self sufficient.
I think most people of my generation would not make under such conditions, but then, we were not raised for and inside such conditions.
2 months ago
Anonymous
Things really are the worst I've ever lived through, that's for sure. My mother (a Boomer) is starting to get the general idea. It's easily the worst she's ever had to live through. She has this idea that the Depression must have been a worse time. I'm not sure I entirely agree with her. I have all of these stories about great-great relations who even in hard times owned their own homes and even owned small farms or land. Small homes, with few amenities, sure, but homes. None of these jobs I'm told my great-greats held even exist anymore. One supported a family and owned a home and his job was crafting eyeglasses. Another was a tinkerer, quite literally a tinkerer, who would go in for a day of work in a factory where they'd sit him in a corner to tinker around creating things or they'd have him fix broken things. One was a switchboard operator, her husband had died, and yet she owned her home and had her mom live with her to help raise her little boy while she worked to support everybody. Another, who was considered "the family loser," drifted from one job to another, even doing work for the WPA and still managed to keep a roof over his family's head. NONE of these people had college educations.
Now let's look at today. How many young people own their home, ANY kind of home, with no college education, working a full-time job? How many of them are married with kids? What I'm seeing is a lot of people in their 20's who are unmarried, have no children, and are working full time for places like grocery stores, then going home to live with their parents or to share an apartment with another worker. How is this not just as bad, or possibly even worse, than the Great Depression? I'm no great historian so perhaps we do have things better, but it sure as hell doesn't seem that way to me.
2 months ago
Anonymous
Relatively speaking, this is far worse than the Great Depression.
The big terror of the Depression was malnutrition. People stood in lines for fruit and soup. They made mayonnaise sandwiches and cabbage stew to save money. However, the amount of Americans who actually starved to death was apparently so inconsequential that no increase in mortality rates was recorded at the time. The only field of reported deaths that went up was apparently suicides. However, a big caveat to remember is that this was a time when families were a lot bigger and more closely-knit. My great-grandparents actually arrived in this country at the start of the Depression. They had 13 kids, all of whom survived except 1 from some unrelated health complication.
Compare that to today, when couples - the few that there are - aren't even having kids because money's so tight. Instead of cabbage stew, they have >rice and beans. Houses? Don't make me laugh. Even apartments are ridiculously overpriced. Bureaucracy and taxation are out of control. I'm sure paperwork and fees everywhere existed back then, but not like today. You could start up a business without needing to be registered by the state and without having to have insurance. Your car was made out of steel. There was FAR less competition in the job market, and you didn't need ridiculous qualifications. You could just show up and talk to the owner and you'd be set for years or decades. Everything was cheaper, even with inflation factored in.
The biggest difference was that the Depression lasted only a decade. Then shit got better. We've been struggling for, at minimum, 16 years, if not several decades longer if you pay closer attention. And there's no sign of anything changing. It's just gotten worse since COVID. This is unsustainable and I have this sinking feeling that, the longer it goes on, the worse the inevitable crash and burning is going to be.
2 months ago
Anonymous
Feels like every year is worse than the previous year going back at least to 2014.
2 months ago
Anonymous
2017-2019 were alright. The rest were shit all the back to 01. 1999 was the last time I felt free and alive.
2 months ago
Anonymous
2008. Things picked up a bit from 2017 to 2019 then then the plandemic happened.
2 months ago
Anonymous
I read stats from major newspapers here that there is a higher soup kitchen attendance per capita right now than in the great depression (had to cross-check the data). It's crazy.
2 months ago
Anonymous
Is that including the immigrants using them as a cheat sheet to get free food?
I've seen Youtube videos of Pajeets doing that en masse in Canada. I can only assume it happens with Tyrones and Joses in the US, or Muhammads and Mkwebes in Europe.
2 months ago
Anonymous
2008. Things picked up a bit from 2017 to 2019 then then the plandemic happened.
Emil Kalinowski's thesis on the Silent Depression, which began in 2008 but since we have yet to recover, aptly named because leaders and authorities who could try to remedy it refuse to even acknowledge it.
I would argue we never recovered from the great depression in the sense it only "ended" by the war economy of ww2 which requiring women to start working ushering in 2 household income (devalue labor). Not sure what they can pull to get us out of the silent depression.
2 months ago
Anonymous
Sadly I find myself agreeing with pretty much everything you've said. The regulations, paperwork, taxes, insurance, licenses, expected qualifications, competitiveness in the job market... and each year it grows worse. The only job growth I'm seeing, other than hiring people to work for scraps at the dollar stores, is growth in our government. And every year more hungry people crowd into our country looking for work, handouts, or both. Regardless of whether they work or not they reduce wages and increase the cost of housing. And federal minimum wage is $7.25 and has been so since **2009**. There really seems to be no end in sight, no promise of anything getting any better. Some people seem to think Trump will magically fix it all if he gets elected, but there's no way.
Regulations, licenses, inspections, taxes- I wanted to make a side income selling houseplants. But uh oh, can't do that! Not without being a "licensed nursery." So how do I become a licensed nursery? I have to have a separate building, as in a greenhouse, that is inspected twice a year, and beg my government for a license. The hell you mean I have to build a greenhouse? I just wanted to sell some houseplants that propagate just fine all by themselves.
What blows my mind, in this little town I live in, is a woman with no dreams of going to college would be better off financially if she were to drop out of school, not get married, and have bastard babies. She'll get a free apartment that she doesn't have to share, food, healthcare, lots of stuff- but the worker ringing up her free groceries has to share an apartment or live with their parents.
What really worries me about our economy is not that it's "getting worse," but that it's CHANGING. We're becoming some hellish socialist oligarch hybrid. Live in poverty working for a corporation, or receive handouts at the taxpayer's expense. (Or, work for the government.) There's no easy way to walk this back because the CHANGE is so radical.
2 months ago
Anonymous
>is growth in our government
This is true. The public sector grew last year but the private sector actually shrank.
Legitimately it's because zoomers have no critical thinking. I blame it on them being on the tail end of the digital shift. They will just pay a subscription to Netflix and complain about the price instead of just pirating
>complain about the price instead of just pirating
That affects a lot of the older generation as well and more so late gen z and gen alpha, since they are still kids.
i was "richer" and more happy when i didnt have a job...how is that even fricking possible? every dollar i make just goes back into making the next dollar...
Turning off immigration wouldn't even work anymore. You would have to turn off immigration AND deport every immigrant who has moved there over the past 20-40 fricking years.
But then you have a smaller work force, which means a smaller economy. That's why Europeans are letting in so many immigrants, Despite conspiracies about ethnic replacement.
no, you just make it take more dollars to redeem gold, basically let gold hit price discovery
Doesn't that just make inflation spiral out faster, that's literally then point of fiat money is to keep rates low. The only reason the 70's had high inflation after removing the gold standard was due to labor costs. So credit plus out scouring means economic growth. (for the investor class at the cost of everyone else) We where head to this point anyways, but its about weather it happened then or now. Unless you have space travel you cant have endless growth.
2 months ago
Anonymous
smaller economy would be mitigated multiple times over by pressure release on housing prices. We need to be pivoting hard towards robotics at this point
2 months ago
Anonymous
We need to build new homes with the robots built-in. Designing robots to perform tasks in the existing homes, as drop-in replacements for jobs like plumber and electrician, is dumb. Having a robot that can... >navigate an arbitrary home layout (possibly up or down stairs) to find the kitchen >recognise the kitchen sink >recognise that a nut needs to be fastened >find the nut >orient a wrench to the nut >tighten the nut
... is unbelievably hard despite being incredibly simple for a person - so simple that obviously nobody would really hire someone to do it, but it demonstrates that replacing humans 1:1 with robots won't work.
If we could rebuild all the houses then the sink could have its own robotic arm programmed to know where all the nuts are (turn one servo 15°, next servo 30°, the spanner is now hovering over nut #2) or put a radio in every brick, nut and floorboard so the robots needn't rely on vision. Self-driving cars would be a solved problem if they could've re-tarred the roads and remade all the signs with radio emitters embedded in them.
Economically? Fewer people. I live in Mississippi. We’re an agricultural state. We’re also the biggest Welfare state. Our farms and meat processing are largely absentee landlordism- owned by people who don’t even live here. They won’t hire locals because they can pay immigrants less and treat them poorly. Americans can file complaints about unreasonable work hours and quotas or unsanitary/unsafe working conditions. So our people go on Welfare while rent goes up because all of the immigrants need beds to sleep in. And our schools funded by tax dollars (which immigrants don’t pay) become overcrowded with kids who can’t speak English and need bilingual teachers, ESL learning materials, and free meals. If all of these people were deported and these companies could only hire American housing would level out, education would improve, and wages would improve. But as things stand they’ll only hire immigrants and prefer illegal, because they’ll bring their kids in after hours to help clean which increases productivity. Had an illegal kid die last year, late at night, ground to pieces by equipment in a chicken plant. These people need to be sent home.
All immigrants is different that illegal immigrants, If there was an easy way to become a citizen then higher wages would have to be enforced for who ever works there. Illegal immigrates are only a problem because the factory owners are allowed to get away with it. If they where forces to heir citizen and pay them a living wage then the state could tax the a different more profitable factory owner to subsidize the cost of the food so its not so crazy at the store.
Blaming brown people instead of your the boss who has the power over the whole situation. But I agree they shouldn't be letting in people just to lower wages. Being economically left doesn't mean you have to be socially left.
smaller economy would be mitigated multiple times over by pressure release on housing prices. We need to be pivoting hard towards robotics at this point
I can agree to that, but I would say there should be a public housing option and the goal of robots is not to replace jobs for more profit, but to let the productivity of the robots subsidize the labor hours worked well publicly proving a share of its production. (You can have a job to buy something, or you can sit on a waiting list to get it for free*.)
I grew up poor and I'm doing 'okay' making 70k a year (though im in a HCOL area) with 30k in savings at 25. It sort of sucks, I don't feel successful (I'm not) at all but I'm doing okay, not in crisis or anything.
US economy is fricking moronic.
Today, someone posted on IQfy that he was looking at changing jobs.
A CNC operator, that requires 5 years of experience, paid 22 USD an hour. And some fast food chain was paying 20 without even speaking proper English.
This is literally Cuba tier, where engineers and doctors drop off to work as taxi drivers.
Are you going to deny that skilled job positions required for the industry are being severely underpaid?
Black person, this is a matter of national security.
This has been a great thread lads, even though I already knew about most of what has been said here, it is still good to hear about anecdotes and see some graphs. I have one advice to zoomers (from a millenial): live with your parents as long as possible, even well into your 30s. Do NOT fall for the rent meme. Do NOT fall for the mortgage meme. Live frugally and save as much as possible, invested in ANYTHING that will beat inflation.
>Do NOT fall for the mortgage meme
its not a meme though. You can take the mortgage payments off your taxes, and inflation is actually a good thing when you're leveraged.
With the rates going on today I'm not sure this is true. Maybe if you slurped up the 2010 market.
Either way, you are still better off living with your parents and investing every cent you save. Buy a house when you can pay fully in cash.
Yes to living with your parents if you can, but no to buying a house in cash. Leveraging your money gives you so much more purchasing power. Being totally anti-debt is just absurd.
Yes to living with your parents if you can, but no to buying a house in cash. Leveraging your money gives you so much more purchasing power. Being totally anti-debt is just absurd.
You are killing me with the back to back trips, but imagine if you were the one who gives credit instead of the one getting in debt. Imagine if YOU were the bank. That's what it feels like seeing your money shitting out even more money.
I am not completely against debt. If it helps you step up and significantly increase your salary (getting a non-meme degree, buying a car that doesn't lose parts while driving), go for it. But a fricking house? Imagine paying for someone else's house + the total amount of interest he paid + interest on that entire amount at a much higher rate because you are taking a mortgage in the worst economy in a century. Investing + buying in cash will always beat taking a mortgage, assuming you live with your parents.
>Investing + buying in cash will always beat taking a mortgage
Lets say I buy a house for $100k cash, then sell a year later for $110k. 10% ROI
Now lets say I buy the same house for $20k cash, and get a 30 year mortgage for the remaining $80k at a rate of 8%. I sell the house for $110k at the end of the year just the same. I just punched those numbers into an amortization calculator and it says that the monthly payment is $587.01, or 7,044.12 a year, which reduced the principal by $668.29.
So I repay the bank the balance of the loan, which is $79,331.71, and of the $110k purchase price am left with $30,668.29, which is over 50% ROI.
Now imagine if instead of putting your $100k into buying one house cash and getting 10% ROI, you used it to buy 5 houses with a mortgage and got 50% ROI on all of them.
2 months ago
Anonymous
I guess I got schooled. I never investigated enough into mortgages because I inherited a warehouse and renovated it to a house. Your math also assumes prices going up, what is the math for when prices go down? Also if it were this easy to make money, every other bozo with some spare change would be doing this shit. You must be missing something, what about early mortgage payoff penalty?
2 months ago
Anonymous
That was just a simple example to show how leveraging your money greatly increases your purchasing power and potential ROI. In reality obviously there are more considerations, but here's another fun fact for you. When you sell property you have a 6 month window to use the it to purchase more property, and it won't be declared as capital gains.
So lets say you bought your house for $100k and sold it some time later for $200k. Normally you would owe $100k in capital gains taxes on that transaction. But instead you then go and buy a $200k house with the cash from the transaction, and then after you buy it you take a mortgage on the property for $160k. Now you owe $0 in capital gains taxes, AND you can do whatever you want with the $160k, since it's considered a bank loan rather than capital gains. You could use that to buy additional property or any other investment, or anything else.
And yes, any bozo can do this, you just have to have the initial capital and creditworthiness.
2 months ago
Anonymous
>Your math also assumes prices going up, what is the math for when prices go down?
People who didn't make crazy bets with credit on forever growth bail out the people who did
Spend half their paycheck on weed and fortnight skins
Might as well when you can’t buy a house or pay for a GF.
No girl over 19 wants to date a guy who spends half of his money on dope.
I guess the cum bucket will figure that's half my spending money gone. So you're right beef curtains.
>Date
Dating doesn't exist, you got tricked.
Women dont date, they play hot potato and which ever man is desperate enough to hold a burning hit potato in their hands for sex, those are the ones the women keep around as assets in their life.
Men are lied to, women facilitate and maintain the lie, the government educated the lie, the police enforce the lie.
You understand what you are living in now?
>which ever man is desperate enough to hold a burning hit potato in their hands for sex
This. It's hard to get a gf when you're constantly getting new girls. This is why I don't get when men try to brag about a wife. Like you're just the guy that kept coming back to her for sex and holding the hot potato.
>can’t buy a house
Get a job.
worse than millennials, at least you can eat avocado toast.
idk why everybody hates on avocados so much. Nobody calls me a stupid millennial when I buy beluga caviar, what gives?
t. 120k/yr
kek
good posts
My only regret is not switching IPs
Because it is.
Everyone my age who grew up middle class is dirt poor, and I would be too if it weren't for crypto. The only unaffected Zoomers are people who started their own business young or have parents who own a business.
>who own a business
Why does owning a business protect you? What happens when that 50 million poured onto an oil well starts leeching back onto itself when the government doesn't allow you to sell the oil yet richgays with EVs are burning it at 27 dollars a gallon? Delusional
what oil? who mentioned oil? wtf are you rambling about.
people that own businesses get tons of cash bullshit and put all their expenses under the business
hmmm yes I see, and are the richgays with EVs in the room with us right now?
I have the exact opposite experience. I grew up dirt poor and now I’m rather well off at 29 working in tech in the Midwest.
>I'm a software engineer WFH making 300k a year in an all white town in Iowa (because it's more based than M*nnesota) on a ranch with my 19 year old ukrainian fiance we will have 5 white kids
Wow good for you bruh.
you’re not gen Z you boomer frick
Well you are a bunch of lazy little shits. Middle class doesn't come free. A lot of work is required just to reach middle class.
Owning a business in America is a meme, terrible country to be an entrepreneur unless you're raising low interest funny money from your kosher network (to launder)
>No 401k match
>Self employment tax higher than normal income tax
>No health insurance
>No pension
>Cucked unemployment if economy goes to shit
The PPP loan scam was the only good thing about being self employed apart from, you know, not working from Nosenbergstein
>have to wage away in a rented everything until you die
>everything is just degenerate goyslop fed to you by force
>zoomers have it so easy why are they like this
Brainrot boomer hands wrote that article
It's a CNN article. The audience for it is 50+ year old democrats. Because Democrats are in the white House they desperately need to gaslight people into believing the economy is good for people who don't already "have theirs".
Correct. Well that and they are basically the reelection campaign for Biden and unofficial state media.
>golden job market
I don't want to work at Target or a grocery store butthole.
Because they’re lazy.
Frfr
>golden job market
Yeah... if you're black.
That's why they call it the Standard & POOR
Damn, how can the competency crisis even exist after that.
All of these doctors, engineers and scientists were hired in positions below their qualifications, this makes no sense.
Wait so now we get women on the boats to fug and don't even have to bring along e-girl sex dolls anymore? I approve, but only if we can throw the bio women overboard when we are done, just like the sex dolls / onaholes
Sandeep & Pajeeta 100
yea, I always knew college was a scam so I'm glad I didn't fall for that
If you don't go to college you're competing against the 60 million illegal hispanics already in this country, and the billions of poop skinned animals who want to enter.
that is literally the same with college degree jobs as well, did you even look at the image I replied to
no one is hiring white college educated men, it simply isn't happening, college education and college jobs are liberal in nature, they will pick everyone before you if you're white
the best option you has as a white man is cdl I think or just go homestead in west virginia
Yeah so you're moronic not surprising.
Do you do either of those things you suggested? Do you homestead in west virginia without a college degree?
Didn't refute my argument just ad hommed me, are you sure you have a college degree
Cdl is basically the only job left for white men in this country, for the most part
What about homesteading in west virginia like you suggested? Do you do that? Why would you even say something so moronic?
The data still shows that a degree has a strong positive roi. Without systematic change, like getting rid of blackrock who pushes dei, a 4 year degree for the white man is still the smartest play. You'll just have to work at a privately owned company untill blackrock is killed.
Once I save up 200k I literally will
I post the citybo threads
I would rather use arbitrage and pick the lowest cost and highest standard of living than try to maximize earning by going into debt
That's basically the entire college grad mortgage strategy
Everything has to go perfectly the way you planned it 10 years in advance
Part of the plan is 4 years spending money to get "skills"
CDL beats the piss out of that, roi wise
I knew you were a poser LOL
I can actually sniff out fake-ruralgays because of the Monero shilling
I love Monero, but the raw milk deals are done in BITCOIN, and it's real easy to know if someone is out of the loop on it
Citybo mad as all heck
let me get a life-experience check on these
If you read this article, they try to spin the fact that white men have not been hired much since 2020 as a good thing. The stats they have show how fricked you would be as a white guy coming out of uni 2020-present. Punishing the younger generation. I dont know how it is considered legal to hire based on race.
>golden job market
>it's all part time shit work
>full time jobs have actually declined overall in the past year
WHAT'S THE MATTER GOOD GOYS YOU DON'T LIKE YOUR NEW LEFTIST FEUDAL STATE? ALL OF THOSE BROWNS WE KEEP IMPORTING IN ARE HAPPY WITH THEIR SLOP JOBS YOU SHOULD BE TOO
And then the "full time" jobs don't tell you you aren't actually guaranteed 40 hours and actually get 25 most weeks.
Millennial here. It took me 18 months to find a good paying job. After 6 months no one wanted to hire me because I had a gap in my employment and I had 3 years experience in accounting. So the odds of gen z getting one of these good paying job is very poor.
How is this a golden job market? I'm in banking and everyone is getting laid off left and right. I'm trying to get a new job and it's impossible in banking right now. It may be a golden job market for McDonalds workers, but nobody white collar is feeling safe right now, even tech.
Yeah tech is in a fear stage. This is so obviously a recession for the people on the ground and yet somehow the israelites have found a way to make it look better with the macroeconomic data.
same in pharma. Powell is going to cause a depression just to please twitter
Fwiw
yes but if you say anything like this the israelites come out of the oven and declare lawfare on you until you an-hero
I work in tech, and 90% of the people I've known who were affected by layoffs were the lowest performers in the company.
Zoomers will be fine as long as they aren't completely incompetent.
>Zoomers will be fine as long as they aren't completely incompetent.
>Zommers: *low skill jobs evaporate*
>Boomers: HAHAHAHAH FRICK YOU LEARN TO CODE YOU USELESS IDIOTS
>Zoomers: *White collar jobs evaporate*
>Boomers: GO DIE IN THE STREET
People who are intellectually suited to coding jobs make up about 1% of the population. What about the remaining 99%? 100 years ago these people could have been living happy, productive lives working low skill labor and at now they are being forced into a future where they can't even afford to live.
Even coding won't save you, the economy is run by actual morons. I can engineer a precise, correct solution but it doesn't matter, because Frickwit with an MBA from Literal Who U will make the bright call to outsource me to Pajeet who will bankrupt the company with terrible coding. Frickwit and his investors have already cashed out right after "cutting costs" with Pajeet so they feel only positive reinforcement.
Look at Boeing, plenty of people knew how to build planes correctly, management did not care. The biggest lie in the Western workforce is that your competence/intelligence/raw skill matters. The only way out for anyone is to work for yourself.
>now they are being forced into a future where they can't even afford to live.
based. frick all sub IQ 130 monkeys.
Yeah, only problem is that the low iq morons are outbreeding intelligent people. I could get behind slowly ramping our society up towards high intelligence positions if we were breeding smart people. What we are heading towards is idiocracy where the stupid hordes are going to pull us down to the bronze age again.
I'm now on Schwab's side. Kill useless eaters. Behead normies.
>90% of the people I've known who were affected by layoffs were the lowest performers in the company
Yeah that's how layoffs work moron. What do you think the highest performers should go first or something
Stfu homosexual. Tech companies are only hiring "seniors" instead of hiring a range of people, then wonder why they can't find workers so they import them from India inspite of clearly faking their experience and degrees.
I was laid off because people at my company wanted to state a "works council". I worked for a Canadian software company in the e commerce space but in the German portion of the company. They simply fired everyone in Germany even if they had nothing to do with the works council. That was literally a crime but they'll never be held accountable.
I'm 39. I feel like I'm fricking treading water now. My savings is not increasing or decreasing and my rent is now 53% of my post tax salary. If I buy a place, I won't be able to save up another emergency nest egg.
Very similar situation except 32 so I have a little more leeway.
I'm in tech and it's a complete shitshow. Everyone is in full austerity mode. 0 investments except in llm memes, 0 hiring anywhere.
I'm an Engineer in automotive. The only way I'm getting laid off is if the plant shut down. (And even then, they ould probably keep me around for a few months to estimate the value of the equipment they would liquidate and sell to Chinese manufacturing plants)
I just hope I make it before then. If I have 7 figures I won't give a frick (except the small midwest town I live in would go to shit without one of the businesses in the area with the highest paying no skill blue collar jobs.)
It's not even a golden job market for McDonalds workers. At best it's one for gig workers and even if you're extremely good at it, it's very volatile.
Listen, there's a civilization-level project underway, and we are in the midst of it. They want to squeeze the middle class out of existence, and are working to accomplish that. It's working. Of course there's angst in the populous. Because we're not moronic and have eyes. The divide between classes has accelerated so much that even literal millionaires (in NW) are going to live less happy lives than their parents. They have debased money. Erected new barriers to entry (climate policies), and systematically attacked with oversaturation and immigration any career or professional path that acted as a social or class escalator.
It's working, and it's not going to stop. And near as I can tell there's not a lot we can do about it. Equity and Inclusion are the newest names of Marxism.
>Equity and Inclusion are the newest names of Marxism.
Right up until this point.
Marxist China is the only country in the world not shitting on its workers to redistribute their wealth to finance capitalists.
>Marxist China is the only country in the world not shitting on its workers
Because 12 year olds making shoes for 400 lb boomers while getting paid a bowl of rice per day is so based - by Marxist standards, apparently.
Ahem.
Pull your head out of your ass.
>marxist China
Lmao. I can invest in Chinese real estate right mao if I want.
IC (intelligence community) what u did there
China hasn't been spiritually Marxist since mao died homie
>muh doomporn it's over glowBlack person
Hatred for the system is at all time high. They went too hard to fast and they fricked up. The elites are not infallible and they make mistakes. They're fricked within our lifetimes, you're moronic if you think this is sustainable. This is not a call to action, simply a prediction. It will ironically be their own golems who destroy them.
I recommend leaving the US and cumming in hot foreign pussy and just watching it all crumble from a far away land while you rawdog women who don't hate white men. That's what I'm doing. Get yours and get out of the way so the building won't land on you when it collapses. It will collapse, just get yours and enjoy life and get the frick out of the way.
>you're moronic if you think this is sustainable.
It's not, that's the whole point. Lenin said "Accelerate the contradictions" so that any sufficiently free market will be collapsed by their machinations. Ots by design.
>It will collapse, just get yours and enjoy life and get the frick out of the way.
I would, but I care too much about my family. They need someone to lead them, because they're all lemmings.
I am happy for you, however. And I envy your freedom. But there's still something here that I have a responsibility to protect.
Just burdenmaxx imo
Why get a job? Just raid corpo warehouses
Why buy land/property? Just live in the wilderness, and raid boomer lake houses for supplies. If you "buy" a house, you don't own it anyway. You are only placing a bet that the government will enforce your property rights if someone else infringes on it. Which they will, until you go to war with the government itself (which we plan to) after which point goodbye goes your property rights because you're now against your former protector / enforcer
Adopt this kind of mindset, and you will truly be free. The only wealth you should be obtaining is frens. Specifically Gen Y and Z truefrens. For protection, collapse surviving, etc. The elites like Bezos will be alone in their bunkers surrounded by bodyguards who hate them, whereas we will be surrounded by frens and love
If just 3 politicians were killed for doing something they shouldn't be doing then they would all knock it off.
They're cowards and self preservation trumps all for them.
Going to war with the government would be the quickest war of all time
They'd knock it off, their donors would then find others willing to risk it to become decamillionaires. It's not the politicians that should be aimed for if someone were to do something like that, but obviously don't do illegal things. That's bad.
>If just 3 politicians were killed for doing something they shouldn't be doing then they would all knock it off.
No they wouldn't. We have killed at least
5 relevant politicians in Mexico in this decade (2020s) and the others won't stop. Just heard yesterday that one was shot dead (although they are calling friendly fire, either another politician or a corrupt bodyguard).
the collapse isn't far enough along yet
in 10 years this could be a viable strategy but rural areas have too many white people so this isn't possible yet
wait until the monkeys are at the control board
This
Yolo your life savings into a single trade
Free yourself by going
>All in
>All the time
Quit your job
Sell the car
Divorce the bawd Wife
>You're walking now
Set stop losses at zero and never take profits until you see triple digit gains
Tell your boomer parents to dump their live savings into your ponzi scheme or you'll put them in a fricking HOME
Spread the good word of NFTs
Convert Crypto into drugs
Write it all off as a Business expense on your LLC
Max out your credit
Get more credit and max that out too
>Why not it's free money?
Steal Catalytic converter to fund your blackhole of an investment account
Steal steaks from Walmart
Steal every amazon package within a 10 mile radius
Do all of this and now you're thinking like a modern day BUSINESS MAN
I'm white, I'd go to prison within a month trying to do so. Police still enforce laws against us.
homosexual wienersucker.
The future of the West is equalization with third world through mass migrations of inferior people whose job is to take down advanced economies of the West and bring in global shittierlevel economy.
you went jordan peterstein schizo at the end of the informative rant. marxism lost, is not relevant, no country in the planet is marxist has marxist policies. In fact every country is creating their own megacorps and in the near future they will do international mergers that will import a lethal amount of pajeets into every country.
20th century Marxists invented a new more virulent system thesis of Marxism and Fascism called DEI Stakeholder Capitalism. And it's working. It's killing America.
elon and many DEI haters use H1B1 workers, the DEI scare is pure deflection so they can keep cutting costs by hiring jeets and blaming Black folk when the wheels fall off.
>elon and many DEI haters use H1B1 workers
It's called playing both sides. We have to turn off immigration. The ship is sinking.
>Equity and Inclusion are the newest names of Marxism.
Marxism wasn't strong enough to destroy America, so they had to come up with a more venomous form of it.
boomers were allowed to absorb all
value and goods unto themselves exclusively
https://odysee.com/@Realfake_Newsource:9/7.20-003-015:b
Most likely because they have not been the beneficiaries of decades of asset price inflation, which has in fact occurred almost entirely at their expense
Wage stagnation since the 70s, mass inflation, shitty job market, degree saturation.
They use doordash everyday
I used that once, and the land whale who delivered my order broke the rocking chair on my front porch.
Never again.
>golden job market
>all job growth in past few years has gone almost entirely to immigrants
what did they mean by this
I am 36 years old. I am a sophomore professional with an advanced degree in a high-demand field. I even doubled my salary in 2020. Does my life feel twice as good? Frick no. I got a big enough raise to just barely beat inflation.
When I was a teenager, someone like me would probably be a rich man. I can't afford even a used car. The only vacation I can afford involves taking a week off to just play video games. I've cut steak out and now just eat hamburger meat. For me to afford even a 10% down payment on a home in my area, I would need to completely empty my retirement accounts and the mortgage would likely leave me with barely enough to afford doing laundry or go to the barber.
>When I was a teenager, someone like me would probably be a rich man
Not true, you would still be poor adjusted for inflation. Everyone's numbers are up
You fricking ESL shitskin. He's saying someone that made his salary now back when he was a teenager he'd be well off. Now it means nothing.
>I even doubled my salary in 2020. Does my life feel twice as good? Frick no. I got a big enough raise to just barely beat inflation.
These two statements are inconsistent.
Boomers are more awful than you gen z's realize. They just now paying you wages which they paid themselves 30 years ago.
Millennials were paid 1/6 of what boomers were paid in 2001
>join military 4-6 years as a nuke
>everyone tells you you can make 150-200k starting when you get out easy
>don't even qualify anything special it's just free money
>get half a degree and paid to do 4 years of college when you're out
>have a 200k job and an advanced degree before 30
>tfw it actually is true
that's what I'd do if I were poor as frick but idk going to uni for four years to beg for an accounting job on x (formerly twitter) is good too
Holy frick a real-life shill. If you were a nuke you would know it's a 6-year contract, not a 4-6 year contract. You would know because you would have a countdown for every day that you're in till the day you got out. My guess is you're some kind of air force gay working at egland trying to get zoomers to enlist. I hope your fat wife cheats on you with an officer.
t. 6 and out nuke
thank you for your service 🙂
NNPTC will suck your soul. Then the fleet will harvest anything that remains. The bonus is alright tho, and when you grow up poor, well, them’s the breaks
>golden job market
Welcome to Wendy’s!
Welcome to Burger King!
Welcome to McDonald’s!
Welcome to ShartMart!
Welcome to Target!
Welcome to Comfort Inn!
Welcome to Exxon!
Welcome to Shell!
Here’s a DoorDash for Bob Boomer!
These are the jobs zoomers can expect to inherit in this golden job market
>Exxon and Shell
You mean the convienence store clerk that's owned by Hindus and not working at corporate
>Illinois
>leading growth state in the midwest
ok, now I know you are talking shit, Illinios is the highest taxed state in the coutnry, worse than NY or Cali and they had the highest population losses off the the midwest states, plus it's main city is Chicago which has turned into a warzone lmao.
Certain people say the economy is good
Most people know the economy is bad.
Nobody cares about numbers on a chart when their wallet is empty and they hate their job.
>What do you mean the plantation is failing? Im doing great, just look at all these happy slaves!
kek you're an idiot, see
People are entitled to their opinions, but they're not entitled to lies and deceit. Blows my mind how those people invent an entirely backwards reality even if it means harming everyone.
>I only makes posts to be heckin' wholesome Keanu chungus and help everyone
Go back to Plebbit.
You in the pic
>golden job market
Even the illegal/green card Mexicans are having a hard time. The meat packing corporations fly over to sub Saharan Africa and Micronesia to kidnap people to work in those plants. Those corporations can't afford to pay the Mexicans anymore.
I made 4k into 20k in a year from investing into safe cryptos. This generation is just fricking moronic lol.
>Brags about making 16k in a year
>calls others “morons”
Bravo.
>golden job market
I would like to strangle the journo who wrote this
>you vill own nothing and be happy
>slaving away at multiple wage jobs
>for no other reason than the production of
>more slaves
laissez faire!
The lazy fair sounds comfy tbqh
Nice.
Christopher Columbus drove his diesel truck up onto the beach of Hispaniola. "Damn I love being white" he said, punching a native child as he climbed out. "I don't think this is China" said his navigator; "Shut up libtard" came the reply from behind a veil of cigar smoke. "Please sir" said the Taino chief, "these are our ancestral lands where we have lived in an entirely peaceful utopia for thousands of years. We don't even know what war is."
"Sounds like WOKE NONSENSE to me" guffawed Columbus, his very presence introducing microplastics into the ecosystem as he cracked a Miller High Life. "This is MAGA country now, boy" he proclaimed before shooting the chief with an unregistered AR-15. The other natives scattered in terror, sheltering their nonbinary tribe members from the bullets and slurs that now ripped through the treeline. "Kek" said Columbus, loading another 30-round assault clip. 'This is based. Wait until IQfy hears about this."
10/10
Now this is what we in the business call a masterpiece
Saved
Kino
>FapjOODZ
Unfunny garbage leddit tier, IQfy sense of humor also sucks it seems
You must be fun at industry conferences
>Hispanic 1
>Hispanic 2
Go back
What's wrong with being hispanic though? We have a rich culture and history
Anyone calling this post based is definitely under the age of 18, what the frick happened to this website? Praising a literal youtube comment tier copy pasta, for fricking shame
>tfw a wagie supervisor in a little warehouse
>probably have less net worth than the guys I coordinate all day because they live with parents and only buy weed and snacks
>nearly half of my after tax pay is just on rent
>I was on the street at 18 because I missed the white privilege memo
Still seething years later
Zoomlets can't do anything but complain
>inheriting a golden job market
lol at their attempt to make it look like boomers left the world a better place. Since when is part-time jobs and zero-hour contracts a "golden" job market?
Im a millenial and as an IT consultant I have been asked by a boomer IT manager to attend a few job interviews with zoomer candidates. Nearly every time we agreed the candidate lacked competencies and experience but we also expected that so we gave the green light to 3 candidates already based on their potential in our estimation. Each of the 3 candidates ended up not starting the job. Its like zoomers change their mind after they can start the job?
Well its just a meaningless anecdote
Country: France
I have similar experiences except I veto anyone under the age of 35.
Young people are disgusting and a threat to my job.
Yes, I've been applying to jobs in europe since there's fricking nothing here and I got tons of response in france and sweden. Not getting anything from switzerland and germany, though. It's funny because I hear that it used to be fricked if you didnt' come from a grande ecole, but now it seems people got the stick out of their ass and the french job market is growing well as a result.
Also about the zoomers not showing up: it's for the same reason I think, they just have too many offers because you are right now in an employee market, not employer market.
I was given a single-phase interview once, I've never had an interview process less than 5 interviews long before.
My boomer parents could buy dirt cheap or heavier costly and it would represenbreasts value.
Today you buy things that have been shaved down to "bare-minimum" to cram more money into starving ceo pockets and the quality control line ends at "functioning somewhat".
Buying a non starched carhart is normal now due to the fashionable throw away mentality ushered in by greedy boomer homosexuals that think everything is still easy.
We spend several paychecks just to buy designer garbage because thats all thats on the shelf.
Because it actually is bad.
"Job creation skewed toward part-time positions. Full-time jobs decreased by 187,000 while part-time employment rose by 51,000, according to the household survey. An alternative jobless measure, sometimes called the “real” unemployment rate, that includes discouraged workers and those holding part-time jobs for economic reasons rose slightly to 7.3%."
https://www.cnbc.com/2024/03/08/jobs-report-february-2024-us-job-growth-totaled-275000.html
So the economy is actually being hollowed out. The good high paying full time jobs are declining while the shitty low paying part time jobs are increasing. The reason the job numbers look so strong is because people are working multiple part time jobs.
Wow, the absolute pilpul of this israelite. Note how its all trying to deflect everyone on the goyim, the goyim they hate the most. A White Christian male, he is "ruining" everything.
>golden job market
Fake and homosex
No opportunities
Everything is expensive
Every consumer category is chock-full of rent-seeking
Too much competition
Weak labor unions/tons of anti-union laws
Social supports dismantled
Tax cuts only for the rich
Middle class jobs dismantled since 1980
>golden job market
stoked to apply for hundreds of jobs so i can go work with a bunch of shitskins and trannies for frick-all money!
just kidding. i only work for myself hahahahaha now. i'm never having a gay boomer job/career so the homosexual government can give 50% of my income to shitskinned/3rd world scamfricks to live on welfare with their dogs while i can't buy a house with an engineering physics degree. send 90%+ back and get rid of the gayflag, you anti-White homosexuals, then maybe i'll consider working for your shitty homosexual companies and frick-all wages. why would i do anything other than frick-all for your company other than collect a paycheck? hahahahaha, you import a bunch of classless shitskinned scamfricks, attack White people like you're paid to do it, and force homosexualry upon us, and still expect me to work for you? HAHAHAHAHAHAHAHAHA
if you're young and White, please (legally) take as much money as you possibly can from the government every month, and put it in btc. you deserve it infinitely more than all these homosexualy little 3rd world dumbshits looking for free handouts, LARPing as Westerners. all these muslims, indian and african POOMEN are quite literally inferior to the average White. i can't stand all these brown homosexuals. these dumb chimps cross in the middle of the street like they're in bangladesh, all while LARPing as good and loyal western citizens. they are shit-tier people, if you think they are equal to Whites/Westerns you are just a stupid booomer frick who watches tv and doesn't know any of these "people". the rich ones are as bad or worse, since they are the scumbags who sold our their countries and enslave their own and take bribes.
I plan on rolling my fortnight crypto skin investments into fentcraft, to resell in diverse and inclusive villages.
>inheriting golden job market
Journalists need their eyes gouged out with my thumbs
Golden market for mid/late-career professionals.
I actually am part of the "it's not that bad" gang but this has got to be a HORRIBLE time to be entering the workforce, and an excellent time to be 10-15 years into a relatively coherent career narrative.
80 IQ redditpost or epic bait
They are all red states you wienersucker, why are they the lowest growth states in the US?
Wisconsin is literally ranked 2nd last in the whole US for construction worker wages.
Foxxconn was a scam that the Republican Scott walker and Donald. Trump helped push through, it literally was a scam project that didnt bring any tech jobs to wisconsin, just drained funds from tax payers and grants.
this is the worst shillpost I've ever seen
you stick out so fricking much lmao
More like foxkilled because the democrats sabotaged the entire project from day one.
Most of us can’t find a job because entry level positions take 5 years experience. Yeah Walmart pays 15-17$ an hour but that only goes so far when you’re in the hole for student loans.
>inheriting a golden job market
im not even a zoomer but his has to be a frickin joke
saying this if youre a non-white, a woman or a troony it probably is golden
im 35 and want to kill myself. the government fricked me and i cant afford a house or land. my business is fricked. I could've got 100s of thousands of dollars through Covid stimulus money. I regret not taking the money every day in my life
>im 35 and want to kill myself.
same
Be glad you didn't take the money because now the government is apparently going after a lot of those loan recipients claiming that they were actually ineligable to recieve the funds and that they now need to pay the money back.
You dodged the governments entrapment by not taking that money.
This headline reads like a farce. The American Dream is no more. America's geopolitical power is waning.
>GOLDEN JOB MARKET
Unless you're an American citizen or White
it's fricked in europe too
the whole job market has never been better narrative is a gigantic humiliation ritual
Where are you in europe?
Everyone is tired of the news gaslighting them under Biden.
Gen Z gays don't have any skill or whatsoever, 90% of them want to be le influencer, and in case of girls. zoomer girls are the most loose girls in any generation, they literally glorify bawds.
if that's true how come I never have sex with any of them
Lol such bullshit, zoomers are the most sexless generation ever statistically.
>zoomers are the most sexless generation ever statistically.
That only applies to men, zoomer girls are bawds, and they only frick chads.
Something like 60-70% of males in their 20s are single/virgin.
Meanwhile the girls are all fricking the remaining 20-30% or living the sugar baby lifestyle with older guys.
Yes but the women that actually go outside are bawds on advantage. I went on at least a hundred dates with zoomer women, as a zoomer mind you, and the vast majority of them had a 5-20 person body coun on the low end.. I met three that claimed to be virgins, which mattered to me because I was trying to save it for marriage at the time, one of them wanted to cut it off because she wanted to sleep around before getting into a serious relationship. So sure technically zoomer women are sexless on average, but you have to basically meet them through their parents or get exceptionally lucky to find one naturally.
Last year I decided to take the self improov pill, woke up out of a long vidya addiction, decided to clean myself up and start caring about my future, and it's starting to set in that I missed all the important train stops. Everything is basically quadruple as expensive as it was 5 years ago, but wages haven't budged an inch. What the frick are you even supposed to do now? I'm sidelined from housing in both the cities and suburbs, and the WFH train has long departed. The uni CS degree golden goose has already laid all its eggs, and I looked up blue collar trades, which everyone reports that the dick and ball torture grind-fest to get your apprenticeship hours no longer beats inflation even.
I keep screaming but God won't answer
Everyone is arguing that the other owes them. Crew and owners at mcdonalds are at eachothers throats.
The money is all in investments. Business owners are losing profit to the inflation of wages. Nobody has any money to spend, all the rich are living off stock gains and that is the only wealth up for grabs as a business owner. But rich people don't want fast food and they don't want random formations of plastic in different shapes. So we blame eachother for the missing equity.
its like sawing off the tree branch your sitting on
min-maxing the productivity to profit gap until you go to far with rentierism and stop paying people enough to consume there for collapsing markets.
However if you take McDonalds for example, there total business makes money but the profit margins for the franchises are getting slimmer and slimmer. Eventually costs will not only encase (namely labor) that not only will income break even but be at a loss and you'll see McDonalds start to close, implies don't get payed other business slow, banks have increased defaults. And the avalanche begins.
You ight say "Oh its just McDonalds" but what about all fast food or restaurants, what about Walmart which is the largest employer in the US. Walmart its self doesn't even need to be doing bad, just enough of its customers have to for it to dragged own with them.
The what another bailout, which will just but us back to massively increase the debt and inflation yet again and you do that on a shorter and shorter time span. Until you cant do it anymore. Because the branch you where sitting on, your sawed off for short term gain.
So, what do you do then? Sounds more like people are just living beyond their means, if only solution is to just inflate more and kick then can down the road a bit further.
Yes, we are consuming more recourses than we produce, thus we are living beyond our means. That's what credit is, its synthetic energy. That why we got rid of the gold standard, because there's not enough gold at this scale to keep growing.
That's the difference between Jimmy Carter and Ronald Ragan. Carter wanted people to accept less. He go on TV like Mr. Rogers and tell people to wear a sweater if its cold. Raegan said frick that shit, just deregulate everything and pump the system full of credit. Americans went for the credit card over the White House solar panels.
Just know that the world is a meta system of energy flows, and capitalism is powerful because it and create synthetic energy called credit by barrowing from the future. How ever when ever the bill comes due, you can reup con debt. But ever time you do the cost is more and payments must be made more frequently(due to the risk).
After 08 we just left interest rates at 0, the FED acts like that's a bug, but it was the defining feature of post-08/preCOVID economics. In 2018 when Yellen tried to rise the rate the market shit its self, so so had to lower them again. Now Powell has an after COIVD to keep rates up. There will NEVER be a FED pivot. In fact the rate will probably go up more in the long run.
The final bill has come due. Credit car maxed. The future of politics in not the culture war, after '24 you will see a shift in to class conflict . Its a matter of which party gets the unions and which one becomes the business party.
>because there's not enough gold at this scale to keep growing.
sounds like a moronic fallacy
If all cash has to be backed by gold then by definition the volume of money has to be lower because there's less of it in the economy. Thus there would be less growth do to less transactions. Reagan was just continuing what Nixon started.
As long has people get paid and there's food at the store, then they have to reason to say no to fiat currency in the near term.
no, you just make it take more dollars to redeem gold, basically let gold hit price discovery
if the zoomers in this thread are anything to go by, they are literally pathetic worms that arent really capable of anything, have no skills, have zero confidence, and just whine all the time
so who cares what they think
Based
>wHaT aM I gOiNg tO Dooooo?!??!
Figure it out loser, time to evolve
You’ve figured it out huh b***hboi
give some advices
how are you supposed to get skills
a cdl at my local community college is 4k, you supposed to hold a fulltime job, get a cdl, live in a homeless shelter, is that how you made it, just curious
your goalposts for making it are outrageous from the jump so it's pointless
I just got A's in school, good test scores, was awarded plenty of merit aid for university as a white male in the 2010's, got A's in university for an in-demand major, and consistently worked an office job for a decade
that was enough to become a millionaire
You are literally gifted in attention span and work ethic, that's like saying hey I have genius level iq, why can't you just ace every class and find motivation in stupifying school work
What skills are you referring to, something that most people actually have the capacity to obtain
I'd say cdl but you need to find a program that offers training, otherwise it costs a decent amount
Lol eat shit you fricking monkey. It’s morons like you who burden the system. Should’ve stayed in school and made better choices.
The fact of the matter is that zoomers are detached from reality due to being raised by the Internet and lack skills.
School is israeli
What skills should they get
does it look like I listed any actual skills there?
the only skill worth developing from birth until you enter the workforce is the ability to learn and the only way to have legal evidence of this is a degree in a difficult in-demand major
if you think this is nothing more than a israeli scheme and that your ability to pay attention comes down to genetic lineage then it literally does not matter how "good" the economy or job market is because you will have zero success in it
I agree, a lot of boomers are moronic. Very moronic. But I would like to inform you that there are outliers such as yourself and now in this current system they're screwed over in favor of diversity hires. This is happening in every field, even surgeons and pilots. Simply having a high IQ won't save you, you have to be colored. There are high IQ zoomers, zoomers with passions and direction. You won't see them, they sit in their rooms tinkering, building, and actually working while the endless swarms of cattle get their stimmies and work in jobs they hate with female bosses. Believe me they exist. They're quiet, they stare with tired eyes, and they're rare but they exist. I have been told that I'm "one of the good ones" and that there still is hope for this generation. There isn't. There's too many morons but I hope to profit off this competency crisis. Although I fear when it is time to hire competent employees, the employers will have forgotten what it means to be competent.
The greatest distinguishing factor I've had for what is a good zoomers is whether or not they have a side project/passions they like to work on. It's an easy thing to ask and it indicates skill (which is lacking in this generation).
God help us all
t. Zoomer
*Zoomers in the first sentence, I actually like boomers as people because they have fun stories
Additionally a lot of competent zoomers don't see a reason to work diligently. Why work for a corporation that hates you in a nation that doesn't care about you, surrounded by people with no ambitions yet outrank you. Why work when all the women are harlots, people see you as a problem (you're white), and all labor is being imported or outsourced. Why work when nobody cares about you. Why be a slave when you can do what you're called to do, to follow your passions and create things that people love.
That's all.
Christ Is King
I got all that but I left my job where I was saving >100k a year because I couldn't handle the ludicrous amount of politics. Talking about people sucking manager dicks almost in the open to get promoted, others dividing the whole company and creating an internal war claiming to be sexually assaulted every 5 seconds causing half the org to be fired, collaborating org logging into our machines to manually shut down our processes then claiming our processes are running out of memory so they can one-up us in the next quarterly perf report, being shitcanned for performing too well because the manager is threatened by the possibility that you'll be promoted soon, etc.
I just couldn't do it.
So I went back to school, normally it would have led to even higher salaries and a guaranteed job out of the gate, except my entire field disappeared a year before I was done.
What field?
>except my entire field disappeared a year before I was done
reminds me of when I was targeting a defense industry specialization... then the Berlin Wall fell.
Deep learning.
Companies think they can just use gpt to cover every usecase I used to have a secure job for. Deep learning roles have vanished as a result. The closest thing is glorified prompt engineering roles, but they're mostly looking for data entry-tier morons rather than people with a background in deep learning nowadays.
pic related
I got a job recently as a 30yo boomer
I consider it partially a stroke of luck, and somehow I found a niche in the system that not many people have applied for somehow
indeed says only 6-10 people applied for it and I must have been like the first person that applied out of the possible 10
What niche?
classified
first person to apply/first to be at top of recruiters stack when they go to read is the only way I ever got interviews. Never went past that though once they realized they had 100s of people to choose from.
this job has 6-10 people still that applied
and all the other jobs I applied to went up by over 100 applicants, gg
the pay isn't that great but the work isn't very hard either so I can't complain
Sounds how my job is. Except my company laid off a bunch of people and now it looks like I'll actually be doing hard work again instead of easy shit. AND get less hours, funny shit.
it requires a decent amount of training and passing multiple tests, so that should give you a hint along with everything else I've mentioned in this thread
so I'm already like 3/4 of the way through the process of being qualified for the job, and I've been doing smaller things for them in the meantime
so I think the job security is definitely there, it's a slightly odd schedule though
oh and I also live with my grandmother and have free room and board, free food, free utilities, ask me anything, gg
and that's a good thing
Definitely Gen Z's fault. They need to work harder or get a second job. Stop spending money on useless garbage. If you've got to pay rent and it's 40% of your salary, just be glad you aren't living at home and have someone willing to pay the house insurance and take on all the risk with the property. We should import more immigrants. Maybe it would inspire lazy young folk to pull up their socks and get off their phones once in a while.
>Stop spending money on useless garbage
Tell that to my boomer grandma or women in general, not me. I use 9 year old phone, I pirate or get free media, don't drive or own a car, don't go to restaurants.
>Le Golden Job Market! (TM)
>Picrel
Tiny hat propaganda.
The answer is: Battle charge the entrance to the FED Hannibal-style.
kek, petting zoo, donate it to a zoo
ah nevermind, you can't give it away, very strange, yea, petting zoo in the backyard then
Rent it?
Its Eid day here today. As being a student I don't have enough funds to celebrate this day. Not even good cloths or foods I have. Can someone donate me $1k? Will be really helpful, I could celebrate my days well.
If anyone may helps please send me an email to [email protected]
Sent!
They aren't marrying and don't understand joint income
>blaming people for a problem that isn't there's
this kind of narrative is just an excuse to point finger's then cut more welfare
The “golden job market” is literally illegals jumping the border and doordashing
I remember when zoomers were shitting on millenials for warning them this would happen. They called us lazy and whiny, that they had it all figured out. You can apologize to us any time.
>zoomers were shitting on millenials
When? In high school? lmao.
Because they're unironically moronic. Anybody born in America who thinks things are difficult is a fricking moron
When I was in high school a 13 year old honda was like 2-3k. Now a 13 year old honda is 13k.
If my BIL wasn't an executive I would've struggled to get a good job out of school
No joke this is so fricking bad. More inflation is on the way.
You're going to have working outside of the system if you want to avoid starving. Start a gang/mob organization and throw folks out windows to take over the unions etc.
While typing this out, how many breaks did you take to run your hands together?
these kids need to eat their bootstraps
In Yurope I tried to get tech job as fresh graduate after 2015 and managed to land one as a contractor after traveling two countries for 7 eurobucks/hour. Lived in an apartment with 3 other people and mushrooms were growing from the walls. Flats were going for 200 000 eurobucks.
Now I'm earning like 50 yuros/hr and flats go for 500 000, if it wasn't for crypto I don't think I could wait untill I'm 75 to retire
50 yuropoor funnybucks is super good for europe. Where and what are you doing?
Also you're supposed to get a mortgage. On 50 e/hr for 500k that'll be super easy.
Android App developer for bank, luckily czech republic has only like 15% taxes so it's nice.
But taking out loan now in the bull ran is not wise, also house prices are extremely overshot, i'm gonna just stick money into crypto and wait
That's insanely high for czech republic. Well done anon. Normally you expect answers like germany and not much else for these rates.
Bidenomics is working chuds keep up the sass and malarkey and we will have you all DOXed and fired for racism. Daily reminder YWDS and the ZOG will continue steam rolling over you pasty crackkker cowards.
>golden job market
the gaslighting is reaching levels previously thought impossible
Feels good to be in IT working at a law firm. Decent pay, recession-proof industry and my coworkers are all so inept that I'd have to pull out my dick and/or shit on the floor a couple times to get fired.
Are they going to use AI for cases soon?
Oh yeah, they're heavily looking into that. Could see a lot of assistants and possibly paralegals getting fricked out of a job. Not me though 🙂
Not him (5th year attorney) but yes and no. Law is probably the most risk-averse industry and the boomers in charge are terrified of being on the hook for a robot's mistake. On the defense side and in any non-contingent plaintiff's work, you bill by the hour so there is an incentive to be inefficient, and right now there is a perception by firms that they will lose prestige for mentioning AI in their billables. On the other hand, plaintiffs firms that charge contingency are going balls-to-the-wall with using ChatGPT to draft briefs etc. I've done this before, and the results are very impressive, it can cut down on your time to finish a 1st draft by days, but it isn't really more useful than starting from a good template if you have one. It's just a matter of time until someone releases a model that gets the arguments/case cites right 99% of the time, and at that point the cat will be out of the bag as early-adopters are able to offer their clients mega-discounts and everyone else is forced to follow.
I ultimately foresee this as a good thing for anon's career because as mentioned, law firm management is firmly in the hands of mega-boomers who will be willing to pay whatever it takes to maintain the magic technology they depend on.
>It's a Golden Job Market... because it just IS, okay?
I was having a conversation with my mom yesterday. We were talking about money, and about how I'm $1,200 poorer after filing my taxes this year and including the extra side income I pulled to try to get ahead of all of this inflation. I barely make $40,000 a year. I have modest savings and investments. I try to be good with my money. I cook, I shop grocery sales and keep my freezer stocked, I have a vegetable garden again this year (all started from seed- didn't spend $5 or whatever the stores are asking per plant), I do odd jobs on the side. If something breaks I try to fix it rather than call somebody in or just throw it away to buy new. I don't eat out unless it is somebody's birthday or something. Hopefully that gives you an idea of how I'm not a complete moron when it comes to spending what little money I earn.
The problem is how LITTLE I earn. It's not how I manage it. I went to college and have a BA and an MA. I'm also a trained graphic designer. What I'm earning is about as good as I can get. If I were 18-years-old today, and looking to enter college, I probably wouldn't go at all. I have a friend who skipped college and went straight to work for Walmart. Our income is roughly the same.
"Golden Job Market" my ass. The jobs I see available in my town is anytime yet another Dollar General opens. There just aren't many people out there who need an editor or a graphic designer for their business. All of these little markets have completely dried up. I know how to cook, but if I were to try to find a job as a cook, I'd be VERY lucky to find one at $17 an hour. Corporates don't pay and people can't afford to open restaurants. I'm very good with gardening and with houseplants, but to earn money that way I'd have to go minimum wage at Lowes or Walmart, and be asked to do a dozen other things as well. There simply are no good jobs anymore for people like me. We weren't all born to be surgeons.
>There just aren't many people out there who need an editor or a graphic designer for their business. All of these little markets have completely dried up. I know how to cook, but if I were to try to find a job as a cook, I'd be VERY lucky to find one at $17 an ho
Are there any opportunities for a graphic designer? I mean, something you can branch out on your own?
Opportunities are extremely limited. The market is very saturated. I've been networking and have managed to pull together a few gigs that I hope will last as well as maybe get me some referrals. The problem is sites like Fiverr flooding the market with foreigners who operate from templates and charge, like, $5 to design a logo. Since I actually know what I'm doing with regard to layout for magazines, reflowable text for epubs, and how to make documents accessible (a growing requirement for many) I should not be struggling the way that I am, but I am. All of those businesses aren't opening anymore that used to hire graphic designers for branding, or for designing their brochures, or menus, or whatever. It's all yet-another-fricking McDonalds or dollar store, and they're all franchises or whatever and have all of that taken care of by corporate.
if fiverr people are your competition you need a new position. your work should be too complicated to explain to someone who has to use google translate on everything.
You're clearly too young to comment. Whether pajeet can do the job for $5 and whether someone is willing to pay you market rates to do the job instead of paying $5 for pajeet to frick up and deliver nothing are two totally different principles, which anyone with even the least bit of real world experience is painfully aware of.
Look into graphic design for influencers, specifically thumbnail designers. I can't say for sure if they pay well, but I constantly and consistently see creators complaining about not having enough people skilled enough to make clickable thumbnails. Network on twitter if you haven't already and cold call people with your work. Hope you make it anon.
Do you have a business registered? If not, start one so you can write stuff off. That'll at least help out with your taxes. Write off everything you can get away with.
>The problem is how LITTLE I earn.
That is completely correct. While it's good to be frugal, a person is going nowhere scraping together savings from $38k/yr.
Do whatever it takes to increase your income.
The grocery store tells the tale.
Went there yesterday, shelves kinda barren, prices through the roof.
But I keep hearing inflation is coming down.
I don't get it?
>dollar losing value fast
>bond market taking a shit, world is offloading it's US debt
>consistent food price increases
>banks are insolvent and going under
But yeah sure, keep trusting the cooked unemployment data. Keep believing everything is great because stonks are up.
Everything IS great since stonks are up. 30% of my compensation is in american depositary shares for my company, and the other 70% has been rising 10-15% every year since 2019.
The only people complaining are the useless eaters. Competence is rewarded.
Middle-class starts from 150,000 per annum
>And that's barely middle-class
For my area, and it is a rather small town, to live in the glory of the middle class lifestyle I grew up with, the household income would need to be $200,000 or even $300,000. Keep in mind I'm recalling the days of the middle class home being actually OWNED by the parents, having a nice big yard with a swimming pool and a jungle gym, multiple vehicles, at least three kids (all enrolled in extra curricular activities at an extra expense like ballet, or music, or gymnastics, soccer, etc.), a trip to Disney World every summer, a spring break vacation, and a Christmas vacation. Buying each kid their first car, even if it were a bit of a clunker. Being able to pay for your kids to go to college rather than have them saddled with debt. That doesn't sound like a middle class lifestyle, does it? Sounds rather wealthy by 2024 standards.
A man doesn't need much but each day he is receiving less and less.
>Like a horse working himself to death
I was always poor but when I was a kid I had hope that one day I'll at least have a place to call my own.
Now I see that almost all options lead to debt slavery
>Doesn't mean I won't try to achieve financial security for myself and my family
I'm a gen z (or zillenial maybe, 1996). And, well, I can afford to life, especially since my parents gave me a commieblock flat to live in. Probably would never be able to afford my own house besides inheritance, but frankly I think I prefer the flat living over slaving around the house. Still wish I had a better paying job and a loving gf...
So things are not too bad, I guess.
zillenial is a zoomer cope. There is no such thing, zoomer.
Congrats on being in the top 0.5% though. I'm jelly.
Don't know if I'm 0.5, considering my wage is not that much higher than minimum, but when not renting and living fairly frugally it's a decent enough living. People in the past had it worse, for sure. So I guess I shouldn't "chase God to a tree", as the saying in my country goes.
In the past people could afford to buy a house on minimum wage. There is no time in history save at the beginning of the industrial revolution that people had it worse than right now.
Also 0.5% by net worth in that case, not wage of course, since I don't know what your wage is or what that's worth in your locality.
I guess that's true, but in my area hundred years ago some people still lived in houses without chimneys, and you can forget other appliances or even electricity. And you had to do hard manual labor as well and be quite self sufficient.
I think most people of my generation would not make under such conditions, but then, we were not raised for and inside such conditions.
Things really are the worst I've ever lived through, that's for sure. My mother (a Boomer) is starting to get the general idea. It's easily the worst she's ever had to live through. She has this idea that the Depression must have been a worse time. I'm not sure I entirely agree with her. I have all of these stories about great-great relations who even in hard times owned their own homes and even owned small farms or land. Small homes, with few amenities, sure, but homes. None of these jobs I'm told my great-greats held even exist anymore. One supported a family and owned a home and his job was crafting eyeglasses. Another was a tinkerer, quite literally a tinkerer, who would go in for a day of work in a factory where they'd sit him in a corner to tinker around creating things or they'd have him fix broken things. One was a switchboard operator, her husband had died, and yet she owned her home and had her mom live with her to help raise her little boy while she worked to support everybody. Another, who was considered "the family loser," drifted from one job to another, even doing work for the WPA and still managed to keep a roof over his family's head. NONE of these people had college educations.
Now let's look at today. How many young people own their home, ANY kind of home, with no college education, working a full-time job? How many of them are married with kids? What I'm seeing is a lot of people in their 20's who are unmarried, have no children, and are working full time for places like grocery stores, then going home to live with their parents or to share an apartment with another worker. How is this not just as bad, or possibly even worse, than the Great Depression? I'm no great historian so perhaps we do have things better, but it sure as hell doesn't seem that way to me.
Relatively speaking, this is far worse than the Great Depression.
The big terror of the Depression was malnutrition. People stood in lines for fruit and soup. They made mayonnaise sandwiches and cabbage stew to save money. However, the amount of Americans who actually starved to death was apparently so inconsequential that no increase in mortality rates was recorded at the time. The only field of reported deaths that went up was apparently suicides. However, a big caveat to remember is that this was a time when families were a lot bigger and more closely-knit. My great-grandparents actually arrived in this country at the start of the Depression. They had 13 kids, all of whom survived except 1 from some unrelated health complication.
Compare that to today, when couples - the few that there are - aren't even having kids because money's so tight. Instead of cabbage stew, they have >rice and beans. Houses? Don't make me laugh. Even apartments are ridiculously overpriced. Bureaucracy and taxation are out of control. I'm sure paperwork and fees everywhere existed back then, but not like today. You could start up a business without needing to be registered by the state and without having to have insurance. Your car was made out of steel. There was FAR less competition in the job market, and you didn't need ridiculous qualifications. You could just show up and talk to the owner and you'd be set for years or decades. Everything was cheaper, even with inflation factored in.
The biggest difference was that the Depression lasted only a decade. Then shit got better. We've been struggling for, at minimum, 16 years, if not several decades longer if you pay closer attention. And there's no sign of anything changing. It's just gotten worse since COVID. This is unsustainable and I have this sinking feeling that, the longer it goes on, the worse the inevitable crash and burning is going to be.
Feels like every year is worse than the previous year going back at least to 2014.
2017-2019 were alright. The rest were shit all the back to 01. 1999 was the last time I felt free and alive.
2008. Things picked up a bit from 2017 to 2019 then then the plandemic happened.
I read stats from major newspapers here that there is a higher soup kitchen attendance per capita right now than in the great depression (had to cross-check the data). It's crazy.
Is that including the immigrants using them as a cheat sheet to get free food?
I've seen Youtube videos of Pajeets doing that en masse in Canada. I can only assume it happens with Tyrones and Joses in the US, or Muhammads and Mkwebes in Europe.
Emil Kalinowski's thesis on the Silent Depression, which began in 2008 but since we have yet to recover, aptly named because leaders and authorities who could try to remedy it refuse to even acknowledge it.
I would argue we never recovered from the great depression in the sense it only "ended" by the war economy of ww2 which requiring women to start working ushering in 2 household income (devalue labor). Not sure what they can pull to get us out of the silent depression.
Sadly I find myself agreeing with pretty much everything you've said. The regulations, paperwork, taxes, insurance, licenses, expected qualifications, competitiveness in the job market... and each year it grows worse. The only job growth I'm seeing, other than hiring people to work for scraps at the dollar stores, is growth in our government. And every year more hungry people crowd into our country looking for work, handouts, or both. Regardless of whether they work or not they reduce wages and increase the cost of housing. And federal minimum wage is $7.25 and has been so since **2009**. There really seems to be no end in sight, no promise of anything getting any better. Some people seem to think Trump will magically fix it all if he gets elected, but there's no way.
Regulations, licenses, inspections, taxes- I wanted to make a side income selling houseplants. But uh oh, can't do that! Not without being a "licensed nursery." So how do I become a licensed nursery? I have to have a separate building, as in a greenhouse, that is inspected twice a year, and beg my government for a license. The hell you mean I have to build a greenhouse? I just wanted to sell some houseplants that propagate just fine all by themselves.
What blows my mind, in this little town I live in, is a woman with no dreams of going to college would be better off financially if she were to drop out of school, not get married, and have bastard babies. She'll get a free apartment that she doesn't have to share, food, healthcare, lots of stuff- but the worker ringing up her free groceries has to share an apartment or live with their parents.
What really worries me about our economy is not that it's "getting worse," but that it's CHANGING. We're becoming some hellish socialist oligarch hybrid. Live in poverty working for a corporation, or receive handouts at the taxpayer's expense. (Or, work for the government.) There's no easy way to walk this back because the CHANGE is so radical.
>is growth in our government
This is true. The public sector grew last year but the private sector actually shrank.
Barely on the cusp. Zillenial is an appropriate term for his situation and others, being frank.
Not sure but I was planning on killing myself in the next 10-15 years anyway.
Legitimately it's because zoomers have no critical thinking. I blame it on them being on the tail end of the digital shift. They will just pay a subscription to Netflix and complain about the price instead of just pirating
They don't even understand folder/file structure because they were raised on smartphones. It's frickin wild.
>complain about the price instead of just pirating
That affects a lot of the older generation as well and more so late gen z and gen alpha, since they are still kids.
When you compete with open borders and boomers you'd say the same thing.
i was "richer" and more happy when i didnt have a job...how is that even fricking possible? every dollar i make just goes back into making the next dollar...
any job that pays less than $25/hr is a scam.
We will stop jannie poachers from stealing our digital ivory
Haha, I dunno!
>despite inhereting a golden job market
fricking lmao I love mass media
Turning off immigration wouldn't even work anymore. You would have to turn off immigration AND deport every immigrant who has moved there over the past 20-40 fricking years.
Good luck.
How would that help?
less morons polluting the job market and taking up real estate space (as either renters or owners)
But then you have a smaller work force, which means a smaller economy. That's why Europeans are letting in so many immigrants, Despite conspiracies about ethnic replacement.
Doesn't that just make inflation spiral out faster, that's literally then point of fiat money is to keep rates low. The only reason the 70's had high inflation after removing the gold standard was due to labor costs. So credit plus out scouring means economic growth. (for the investor class at the cost of everyone else) We where head to this point anyways, but its about weather it happened then or now. Unless you have space travel you cant have endless growth.
smaller economy would be mitigated multiple times over by pressure release on housing prices. We need to be pivoting hard towards robotics at this point
We need to build new homes with the robots built-in. Designing robots to perform tasks in the existing homes, as drop-in replacements for jobs like plumber and electrician, is dumb. Having a robot that can...
>navigate an arbitrary home layout (possibly up or down stairs) to find the kitchen
>recognise the kitchen sink
>recognise that a nut needs to be fastened
>find the nut
>orient a wrench to the nut
>tighten the nut
... is unbelievably hard despite being incredibly simple for a person - so simple that obviously nobody would really hire someone to do it, but it demonstrates that replacing humans 1:1 with robots won't work.
If we could rebuild all the houses then the sink could have its own robotic arm programmed to know where all the nuts are (turn one servo 15°, next servo 30°, the spanner is now hovering over nut #2) or put a radio in every brick, nut and floorboard so the robots needn't rely on vision. Self-driving cars would be a solved problem if they could've re-tarred the roads and remade all the signs with radio emitters embedded in them.
Economically? Fewer people. I live in Mississippi. We’re an agricultural state. We’re also the biggest Welfare state. Our farms and meat processing are largely absentee landlordism- owned by people who don’t even live here. They won’t hire locals because they can pay immigrants less and treat them poorly. Americans can file complaints about unreasonable work hours and quotas or unsanitary/unsafe working conditions. So our people go on Welfare while rent goes up because all of the immigrants need beds to sleep in. And our schools funded by tax dollars (which immigrants don’t pay) become overcrowded with kids who can’t speak English and need bilingual teachers, ESL learning materials, and free meals. If all of these people were deported and these companies could only hire American housing would level out, education would improve, and wages would improve. But as things stand they’ll only hire immigrants and prefer illegal, because they’ll bring their kids in after hours to help clean which increases productivity. Had an illegal kid die last year, late at night, ground to pieces by equipment in a chicken plant. These people need to be sent home.
All immigrants is different that illegal immigrants, If there was an easy way to become a citizen then higher wages would have to be enforced for who ever works there. Illegal immigrates are only a problem because the factory owners are allowed to get away with it. If they where forces to heir citizen and pay them a living wage then the state could tax the a different more profitable factory owner to subsidize the cost of the food so its not so crazy at the store.
Blaming brown people instead of your the boss who has the power over the whole situation. But I agree they shouldn't be letting in people just to lower wages. Being economically left doesn't mean you have to be socially left.
I can agree to that, but I would say there should be a public housing option and the goal of robots is not to replace jobs for more profit, but to let the productivity of the robots subsidize the labor hours worked well publicly proving a share of its production. (You can have a job to buy something, or you can sit on a waiting list to get it for free*.)
*taxs
it truly is a sinking ship and if we don't send them back soon, the monkeys will be at the drivers seat.
>Golden job market
Are millennials writing these out of touch articles? It can't be millennials, were not that moronic. Must be gen X.
It's millenials or silents -- yeah, they're out of touch
regular jobs aren't paying enough, someone has to write these clickbait articles for $8/hr while no shifts are available at maccas
I grew up poor and I'm doing 'okay' making 70k a year (though im in a HCOL area) with 30k in savings at 25. It sort of sucks, I don't feel successful (I'm not) at all but I'm doing okay, not in crisis or anything.
Is it really that bad out there?
>golden job market
on what fricking planet lmfao
>you can get any job you want so long as it's general laborer or mcdonald's fry cook
Just buy $Hoppy, on ETH, it will pay your bills
US economy is fricking moronic.
Today, someone posted on IQfy that he was looking at changing jobs.
A CNC operator, that requires 5 years of experience, paid 22 USD an hour. And some fast food chain was paying 20 without even speaking proper English.
This is literally Cuba tier, where engineers and doctors drop off to work as taxi drivers.
>citing a gay bbc board
Are you going to deny that skilled job positions required for the industry are being severely underpaid?
Black person, this is a matter of national security.
Youre right but dont mention that troony board
This has been a great thread lads, even though I already knew about most of what has been said here, it is still good to hear about anecdotes and see some graphs. I have one advice to zoomers (from a millenial): live with your parents as long as possible, even well into your 30s. Do NOT fall for the rent meme. Do NOT fall for the mortgage meme. Live frugally and save as much as possible, invested in ANYTHING that will beat inflation.
>Do NOT fall for the mortgage meme
its not a meme though. You can take the mortgage payments off your taxes, and inflation is actually a good thing when you're leveraged.
With the rates going on today I'm not sure this is true. Maybe if you slurped up the 2010 market.
Either way, you are still better off living with your parents and investing every cent you save. Buy a house when you can pay fully in cash.
Yes to living with your parents if you can, but no to buying a house in cash. Leveraging your money gives you so much more purchasing power. Being totally anti-debt is just absurd.
You are killing me with the back to back trips, but imagine if you were the one who gives credit instead of the one getting in debt. Imagine if YOU were the bank. That's what it feels like seeing your money shitting out even more money.
I am not completely against debt. If it helps you step up and significantly increase your salary (getting a non-meme degree, buying a car that doesn't lose parts while driving), go for it. But a fricking house? Imagine paying for someone else's house + the total amount of interest he paid + interest on that entire amount at a much higher rate because you are taking a mortgage in the worst economy in a century. Investing + buying in cash will always beat taking a mortgage, assuming you live with your parents.
>Investing + buying in cash will always beat taking a mortgage
Lets say I buy a house for $100k cash, then sell a year later for $110k. 10% ROI
Now lets say I buy the same house for $20k cash, and get a 30 year mortgage for the remaining $80k at a rate of 8%. I sell the house for $110k at the end of the year just the same. I just punched those numbers into an amortization calculator and it says that the monthly payment is $587.01, or 7,044.12 a year, which reduced the principal by $668.29.
So I repay the bank the balance of the loan, which is $79,331.71, and of the $110k purchase price am left with $30,668.29, which is over 50% ROI.
Now imagine if instead of putting your $100k into buying one house cash and getting 10% ROI, you used it to buy 5 houses with a mortgage and got 50% ROI on all of them.
I guess I got schooled. I never investigated enough into mortgages because I inherited a warehouse and renovated it to a house. Your math also assumes prices going up, what is the math for when prices go down? Also if it were this easy to make money, every other bozo with some spare change would be doing this shit. You must be missing something, what about early mortgage payoff penalty?
That was just a simple example to show how leveraging your money greatly increases your purchasing power and potential ROI. In reality obviously there are more considerations, but here's another fun fact for you. When you sell property you have a 6 month window to use the it to purchase more property, and it won't be declared as capital gains.
So lets say you bought your house for $100k and sold it some time later for $200k. Normally you would owe $100k in capital gains taxes on that transaction. But instead you then go and buy a $200k house with the cash from the transaction, and then after you buy it you take a mortgage on the property for $160k. Now you owe $0 in capital gains taxes, AND you can do whatever you want with the $160k, since it's considered a bank loan rather than capital gains. You could use that to buy additional property or any other investment, or anything else.
And yes, any bozo can do this, you just have to have the initial capital and creditworthiness.
>Your math also assumes prices going up, what is the math for when prices go down?
People who didn't make crazy bets with credit on forever growth bail out the people who did
>live with your parents as long as possible
don't really have a choice at this point