MarbleRabbit

Once made eye contact with the King of Sweden

[MarbleRabbit @rabbit_marble]

@financedystop Bummer.
So anyway, where is this broke lady flying to? Because that's the yoga lounge at Chicago Midway.

[MarbleRabbit @rabbit_marble]

@uncledoomer This would literally require an average of 9% inflation over the next ~35 years.
For context: Peak Bidenflation was 7%; the US hasn't hit 9% since 1980; and the US has hit/exceeded 9% exactly 5 times in the last 100 years.

[MarbleRabbit @rabbit_marble]

@SouthernKeeks Same person 2 years ago:

[MarbleRabbit @rabbit_marble]

@perishdemons @memeticsisyphus I love how you haven't refuted a single thing I've said and just keep calling me a retard.
Take care.

[MarbleRabbit @rabbit_marble]

@perishdemons @memeticsisyphus I know. That math shows how easy it is for an average person to hit the top 10%.
Now do the math with a high earner (doctor, upper manager, top salesman, etc.) and up the savings rate to 20%.
It's easily doable, but you're just a whiny little bitch.

[MarbleRabbit @rabbit_marble]

@perishdemons @memeticsisyphus Psst:
https://t.co/seaQB91wk4

[MarbleRabbit @rabbit_marble]

@MaxDugganMax @memeticsisyphus If you had taken the average US income between 1980-2024 and invested 5% annually into the S&P500, the total value would be just over $1 million after 45 years....which is in the 90th percentile of wealth.

[MarbleRabbit @rabbit_marble]

@memeticsisyphus Got pregnant as a teen then again as a single mom.
Borrowed $ for a Masters degree in a low paying field.
.....
"I dont understand! I did everything right!"

[MarbleRabbit @rabbit_marble]

@Janfreterson Aaaaaand he blocked me.

[MarbleRabbit @rabbit_marble]

@Janfreterson 1. The global financial crisis ended 17 years ago. The US stock market has grown at 3x the rate of the EU since then.
2. No, the US does not set housing prices in your country. Take that issue up with whomever issues building permits and/or sets interest rates.

[MarbleRabbit @rabbit_marble]

@IAPonomarenko Premier League just instituted mandatory breaks if temps exceed 30
That's below average temperature for this time of year in several host cities, so I assume they just standardized it for all games
Sweden & Scotland will be playing in 35+ heat, I'm sure they appreciate the rule

[MarbleRabbit @rabbit_marble]

@exec_sum For perspective, that is .002% the volume of Lake Erie.

[MarbleRabbit @rabbit_marble]

@Janfreterson Who asked you to apologize?
And you entered a conversation between Americans responding to American data with "we". Calling you out as a non-American is appropriate in that instance.

[MarbleRabbit @rabbit_marble]

@Janfreterson @memeticsisyphus Also, you can assume I'm American because I am an American, responding to an American, who was responding to a meme about wealth in the US
If in the future I insert myself into a convo between Dutchmen discussing housing prices in Alkmaar you are more than welcome to call me out

[MarbleRabbit @rabbit_marble]

@Janfreterson @memeticsisyphus Here's the thing - returns in the US market have been absolutely fantastic over the past ~20 yrs, and in the US, everyone has access to tax-advantaged retirement accounts. All one needs to do is set a small % aside to strike it rich in the long run.
Europe? Not so much.

[MarbleRabbit @rabbit_marble]

@ArchysLife At the professional level, yes. At age 9, no.
The point is that most kids in the US grow up playing different sports.

[MarbleRabbit @rabbit_marble]

@MaxDugganMax @memeticsisyphus If you had taken the average US income between 1980-2024 and invested 5% annually into the S&P500, the total value would be just over $1 million after 45 years....which is in the 90th percentile of wealth.

[MarbleRabbit @rabbit_marble]

@perishdemons @memeticsisyphus I did not.
When we're talking about statistics involving 300m+ people, there will always be outlier cases. In general, old people are over-represented in the super wealthy and young people will be over represented in low income & wealth.

[MarbleRabbit @rabbit_marble]

@Janfreterson @memeticsisyphus You know you can invest in the stock market too, right?
And if you started in 08 (like I did) you'd be sitting pretty right now.
Also, who is "we"? You're Dutch.

[MarbleRabbit @rabbit_marble]

@perishdemons @memeticsisyphus Yes, poor old people exist in the US and they exist in every country on earth.
That is not a counter-factual to what I said.