USA:
We started out poor,
but we were free,
so that made us rich,
but we sought other things,
gradually we traded our freedom away,
for power and security,
but they didn't stay,
so that will make us poor again,
but as you will see,
we will become poor again,
but no longer free.
@chicfryrice Hold on a minute.
Lets say he lives in a community of 1000 people. If nobody of those 1000 has the heart to help him, he's doomed no matter what you do.
@BattlementLK The family is the ultimate capitalist unit. She can't force you to be there for her family, you can force her to be there for you. The kids can force neither. It's the ultimate voluntary exchange of goods and resources.
... but the worst part was the debt. Governments love debt because debt is buy now pay later. With inflation or tax financing people can realize they are getting a raw deal almost right away, but with debt you can start big impressive projects that only fail decades later.
As Gen X I saw this go down. They wanted govt schools, govt health care, and govt retirement. But these things are expensive, they eventually took the USD off of gold so the central bank could finance it, but that had consequences, the value of money started to deteriorate ...
Dear Boomers,
I’m writing this because a lot of us are tired of pretending everything is fine.
We grew up hearing how great things used to be. How one income could buy a house, raise kids, and still have something left over. How you could graduate high school or trade school and walk into a solid job. How communities felt safe and people actually trusted each other.
We don’t have any of that.
Instead we got sky-high housing prices, wages that haven’t kept up for decades, and student debt that follows us for life even if we paid back the original amount. We watch jobs in trades and manufacturing get crushed by cheap foreign labor and illegal immigration while politicians from both parties act like it’s no big deal. We see the Social Security and Medicare systems, the ones you and your parents paid into, getting stretched thinner every year as more people who paid far less into them start drawing out.
We feel betrayed.
You had the strongest economy in history, affordable homes, stable families, and real opportunity. Then somewhere along the way the doors were thrown open, the factories were shipped overseas, and the rules got changed so the people at the top win no matter what. Now we’re told to “just work harder” in a system that’s rigged against us.
We’re not lazy. We’re not entitled. We’re exhausted from watching the ladder get pulled up after you climbed it.
We want to know: When did you realize it was going this bad? And why didn’t more of you fight harder to stop it?
Sincerely, A frustrated Gen Z
Response at noon...
.. but this gave the schools incredible influence over our culture. This gave them (the state) a lot of power to push narratives and political agendas. They became hostile to family and values of freedom and property rights that started this country. Anything to expand power ...
@LawrenceLepard It's the Japanese carry trade unwinding.
This is probably like the tide going out before the tsunami. Be ready for a massive crash followed by a massive inflationary hit.
@MJ_Koch Well the current system is stealing taxes from men to buy the votes of women. But that takes away a mans leverage in a relationship just like throwing acid on a woman's face would take away her leverage.
@ChiefEngineerCE Social Security is a Ponzi scheme, you have the power to shut it down right now but you don't.
Also, they took the USD off gold, but you didn't need to impose zoning laws that fucked younger generations out of starter homes. That was all local and you could shut that now too.
@Emptier_America That never works out. Just because things are bad, doesn't mean they can't get a lot worse. The "revolution" is far more likely to crush whatever weak life you have into oblivion.
@PeterSchiff It looks like every market is dumping because the Japanese carry trade is unwinding. But after that, precious metals will probably be the only asset you want to own.