mario90

[Castillo Trading @CastilloTrading]

This post hits so fucking true.

Imagine graduating college, getting your first real world job that requires education, and they force you to pour your retirement funds into this…

Is it worth it you think?

[nic carter @nic_carter]

it hasn't sunk in for most people. we already live in a post-scarcity society. UBI is already here.

basic package: disability, medicaid, food stamps etc

bonus package: literally getting paid for staying at home and hanging out with your relatives

extra bonus: if you are willing to commit fraud, pretend your kids are autistic and get paid for that. get paid for watching your neighbor's kid. pretend you are taking care of your grandma. fake hospice clinic. fake rehab clinic. fake therapy clinic.

giga bonus: during a time of crisis take advantage of PPP or CARES and open a fake business and get paid for existing

people are shocked when they learn that defense is the FIFTH largest line item in the budget. ahead of defense: social security ($1.6T), interest on debt ($1.1T) medicare ($1T), medicaid + ACA ($1T), AND THEN defense ($0.9T)

complain about defense all you like, but healthcare fraud is a way bigger factor. hundreds of billions per year.

this is only going to get worse, because the fraud is a structural part of the system – payouts to client groups in exchange for votes (normally D).

in the US, only 47% of the population actually works (fully 14% of the population is working age and does not work). retirees are 18% and children 22%.

the system I described above subsidizes 50m non-working people absolute minimum, but really it's far more because people that are paid to stay home and take care of their relatives are considered "workers"

of that 47% of "actual workers" maybe one third does real work, the rest are shuffling papers around or doing fake email jobs. so you have, rough math, 50 million actual workers supporting 300 million dependents. that's the nature of the economy today. it will only accelerate. eventually you will have 10 million using AI tools to do all the work and 340 million dependents.

the reason no one roots out the fraud is because it's the system that keeps our extremely fragile polity intact. the fraud is the UBI. the purpose of the system is what it does.

of course, it's a deeply unfair system, because you are allowed to commit fraud if you are a politically protected client group of the democrats. DOGE was killed faster than any government program ever, because it attempted to root out the fraud. if you are honest and unwilling to commit fraud, you are a huge loser in this system. your neighbor will have their mortgage subsidized by some government program. they will get favorable SBA loans due to DEI. they will open a fake hospice or autism clinic. they will get paid for taking care of their neighbor's kid and vice versa. the primary skill in the labor market is learning how to extract money from state and federal government programs, not gaining skills or making yourself employable. if you are just trying to work an ordinary wagie job you are a huge sucker. you are paying 40-50% effective all in taxes to everyone else who is a net taker.

the sad part is because AI is such a substantial productivity boost, it will actually keep this system going for a while longer, and maybe in perpetuity. AI boosts the 15% of the population that is actually productive so much that the remaining 85% can coast by. no one in charge will change this because they can't think of anything else. the political costs of a real UBI program are too great and we don't have the money for it anyway. so we will keep this covert fraud-based UBI program running indefinitely. unfortunately, if you are an honest wagie, you lose.

[Charlie @btc_charlie]

Learning for 20 years
Earning for 50 years
Free for the worst 10 years
Dying

Biggest scam on Earth.

[Woody @woodyVSworld]

Seeing all these celebrities give political speeches at the Grammys tonight reminded me of this

[mario90 @rsSuperMario]

@Tradealer @IncomeSharks @milesdeutscher Don’t forget to buy gold right now

[mario90 @rsSuperMario]

@FefeDemeny 😂 he’s doing you a favor apparently, pretty insane

[mario90 @rsSuperMario]

@DrProfitCrypto So far so good 😀

[The Best @TheBestqueenx]

When you buy Lambo after retirement. 😂

[mario90 @rsSuperMario]

@DrProfitCrypto Yeah because he cares about your report hahha relax man

[mario90 @rsSuperMario]

@DrProfitCrypto Nobody cares

[mario90 @rsSuperMario]

@ggtradertee @Trader_XO Your % and leverage doesn’t add up

[Sina 🗝️⚡ BI Report @Snz_BTC]

OMG .. "analysis" guiding you to extinction

[mario90 @rsSuperMario]

@JamesWynnReal Let the liquidation happen

[mario90 @rsSuperMario]

@JamesWynnReal Just get liquidated again, what’s the big deal

[mario90 @rsSuperMario]

@DrProfitCrypto What makes you think that all traders are dumb and only you know what you are doing! There are plenty of traders who called this whole move much earlier than you, without creating panic! Take it easy

[mario90 @rsSuperMario]

@Trader_XO Honest trader!! Always says things as they are!!

[mario90 @rsSuperMario]

@DrProfitCrypto Bullshxt

[mario90 @rsSuperMario]

@DrProfitCrypto Didn’t we lose it once already 😂 it’s right there on the chart, oh forgot we lost it when you were super bullish 😂🤣😂

[mario90 @rsSuperMario]

@DrProfitCrypto We got it, you don’t have to say it everyday 😂 you are bearish we got it

[mario90 @rsSuperMario]

@edward_farina What dream world you are living in! How about it going back to 0.2$ hahah that’s when you’ll actually sell