That's akin to pressing the "Fix Everything" button. We can't press the button. Pressing the button is racist. Pressing it will destroy our country. The biggest threat to the world is pressing the button. Pressing the button is also antisemitic. Nobody wants to press the button anyway. Only a fool would press the button.
Deport non-whites (obviously including jews) and woah, the country is magically 1,000,000 times more livable. Weird. Can't do that though because it's bigoted.
No seriously, between the prices of everything we literally can’t afford to save any money at all. We are part of those households that couldn’t survive a missed paycheck
I saw the trajectory 15 years ago and was able to secure a rental with rent increase guidelines and take other steps to keep costs low, meaning my monthly expenses are something like $600 for three people. That's the only way I built savings.
Anyone who didn't prepare (or is just getting started) is basically fucked.
Aye. In the 2010s, I had extra money for hobbies, socializing, and saving. Car insurance has gone up about 10x, though, power about double, my mortgage is about what my old place now rents for, and what little I have extra is going into prepping against more inflation and possibly lockdowns again. I expected to settle into my house, and then work on saving, again, but the funds just aren't there, even though I'm making about 2.5x what I did 10 years ago, and have barely changedy standard of living.
It's crazy, and it happened too fast to financially adapt, even seeing it coming. I was just getting back on my feet from 2008, on the mid 2010s...
My company wage-matches on a retirement plan, so my "savings" are simply the maximum on that they're willing to match. After all, 100% ROI instantaneously is about the best you can ever do in the markets. But I'm not allowed to touch for many, many years, without jumping through a LOT of hoops. Savings I actually realistically have access to? Probably a year, assuming ideal conditions.
Why would consumption spike in the last few months? Anyway, the only growth sector in our economy is AI and AI-related services like data centers, which is a completely unsustainable bubble with no revenue generation in sight. Everything else is laying people off, even tech, which was the only boom sector in the 2010s. Meanwhile, our president's attention remains focused on a waterway in the Middle East. So yeah, we are in for it.
BRICS went back to the gold standard and the petro-yuan is poised to unseat the petrodollar. Anyway, more student loans for graduate degrees in Grievance Studies! It's okay, vote for politicians promising loan forgiveness!
Why would consumption spike in the last few months?
It's nominal, so not adjusted for inflation. You're paying more for the same amount of goods. It's the same shit when you hear politicians spout "record-breaking revenue" or "all time highs".
If you buy the same amount of goods, but the price went up 10, 15, 20% (or more in some cases), well, consumption "spikes" 10, 15, 20%... Not even counting the fact portions are smaller now as well.
Energy, especially diesel, touches everything in the economy. You might get a reprieve on some items like TVs or clothing, but perishable goods like food will feel the pain instantly.
Inflation's also a self-fulfilling prophecy. When people see prices climbing, they'll try to frontload their purchases and hoard in bulk to avoid the next price hike. Demand goes up, supply goes down, prices go up, and on and on.
The last few months every, "maybe we'll get that," purchase has been getting made, and bills are being pushed onto credit cards. That's not what they see, though.
The economy could be doing great in two seconds. Lower taxes by 80%, cut all social program spending. Voila. Economy fixed. Also, the government should put their debt to $0 by saying they won't be paying any debt then make debt illegal. It's unjust for the present to force the future to pay for them and it's unjust for the past to force the present to pay for them.
AI was pulled out to get Biden out of his """technical""" recession in 2022. What's going to be the New Thing™ to increase spending and GDP for the Orange Man?
I'll admit that I enjoy reading stuff like this because it makes me feel good about being set financially. Obviously it sucks to be reminded of how fucked the country is long-term but I've known that for a very long time so it's whatever.
I’m in kinda the same boat. I’ll be fine, but my children and grandchildren won’t. The door was slammed shut on White grads after the 2008 recession so they’ll never get the start I did.
I don't have fuck all for savings. I bought a house at 21 just before COVID and I'm basically fucked from the inflation and everything else going downhill, plus a few unfortunate accidents. I have been living from pay check to pay check until very recently. New job at a fortune 500 but I'm in a manufacturing facility, only making 23/hr. I do have my contributions to 401k maxed out for the match at 6.5% but idk what else to do atm.
I'm trying to build something now but I'm starting from scratch and I'm going to be living like a pauper for god knows how long. If anyone has any kind of advice for someone starting from the bottom with not a lot of extra disposable income I would appreciate from the bottom of my heart.
Stop contributing to a 401k. You need that money now and the dollar could very well be useless by the time you are able to withdraw it. Inflation is already stealing ~4% of it daily.
Buy bitcoin if you want to do something for retirement. Not altcoins. Bitcoin.
It's really difficult, I've been in my house for 12 years. When I bought, I thought the prices were absolute peak insanity... but I've continually been wrong.
Even the advice I have is tainted by pretty much lucking into a company that pays okayish (that I've been laid off from 4x but never stayed that way - getting hired back on in different functions/areas).
My biggest frustration is that my 2bedroom apartment before I moved was $690 a month and just with property taxes I pay $425 a month to essentially rent from the local town.
My wife works, dual income really helped. All my bonuses and commission went into the house and we paid it off in 9 years. It took her 6 months to find a job when her company laid her off last year, not having a mortgage payment every month meant we could weather it alright - still food, kids, limited travel to visit family, insurance...
The amortization table skews heavily towards interest as you start paying the loan, getting ahead of it helps build equity much more quickly. 3% of my payment went towards principal the first year, and by year 7-8 60-70% went towards principal, which helps snowball.
If there's someone you can trust to live with you and contribute... it'd help. A lot of people want to pick up extra jobs, but I'd much rather control spending and not kill myself (cheap hobbies, fishing, computer games, exercise, cooking). I drive an suv that's almost 20 years old with over 200,000 miles and plan on buying something pre-2019 when it dies.
That $20 / hr seems like what they are paying all the manufacturing guys these days. The only ones making more are unionized boomers. Maybe joining a union could be the solution.
I'm against unions overall, but not going to lie, if you have the connections to get one, then union jobs can be pretty sweet. More money to do less work, plus benefits. The only downside is sometimes the union pushes their luck too much and the business has to shut down, leaving everyone on the street.
Take the cash where you can get it. I'm assuming your company doesn't have a union but a lot of military industrial complex companies have unions for all the touch labor.
If you're in manufacturing I would suggest trying to learn toolmaking by whatever way possible. Best case scenario there's a training program at your plant or someone willing to show you the ropes. Toolmakers get paid big bucks.
I’m really surprised wages have more of less stayed the same. Corporations have finally figured out that people get ahead by moving jobs so they all collectively make the process as miserable as possible.
Now they can use AI as an excuse to never hire and suppress wages even further.
Nothing deporting 50 million illegals couldn't fix in very short order.
Add all H-1B visas holders to the deportation list, and the economy would tank, but rebound fast.
That's akin to pressing the "Fix Everything" button. We can't press the button. Pressing the button is racist. Pressing it will destroy our country. The biggest threat to the world is pressing the button. Pressing the button is also antisemitic. Nobody wants to press the button anyway. Only a fool would press the button.
"There was a button," Holden said. "I pushed it."
Right?
Mass immigration might not be the direct cause of all these issues, but mass remigration would certainly solve them.
We have to eliminate the traitors in our ranks first.
Pretty much, it's would free up the housing stock at least and provide room for more young people to start families.
But at a fundamental level, deporting would reduce the amount of FRAUD committed..
Deport non-whites (obviously including jews) and woah, the country is magically 1,000,000 times more livable. Weird. Can't do that though because it's bigoted.
Only other alternative is accelerate and hope for a nationwide Katrina situation.
But think about the stock market!
I think about burning it to the ground at least once a week.
with no survivors
…people have savings?
No seriously, between the prices of everything we literally can’t afford to save any money at all. We are part of those households that couldn’t survive a missed paycheck
I feel for you.
I saw the trajectory 15 years ago and was able to secure a rental with rent increase guidelines and take other steps to keep costs low, meaning my monthly expenses are something like $600 for three people. That's the only way I built savings.
Anyone who didn't prepare (or is just getting started) is basically fucked.
Aye. In the 2010s, I had extra money for hobbies, socializing, and saving. Car insurance has gone up about 10x, though, power about double, my mortgage is about what my old place now rents for, and what little I have extra is going into prepping against more inflation and possibly lockdowns again. I expected to settle into my house, and then work on saving, again, but the funds just aren't there, even though I'm making about 2.5x what I did 10 years ago, and have barely changedy standard of living.
It's crazy, and it happened too fast to financially adapt, even seeing it coming. I was just getting back on my feet from 2008, on the mid 2010s...
My company wage-matches on a retirement plan, so my "savings" are simply the maximum on that they're willing to match. After all, 100% ROI instantaneously is about the best you can ever do in the markets. But I'm not allowed to touch for many, many years, without jumping through a LOT of hoops. Savings I actually realistically have access to? Probably a year, assuming ideal conditions.
Why would consumption spike in the last few months? Anyway, the only growth sector in our economy is AI and AI-related services like data centers, which is a completely unsustainable bubble with no revenue generation in sight. Everything else is laying people off, even tech, which was the only boom sector in the 2010s. Meanwhile, our president's attention remains focused on a waterway in the Middle East. So yeah, we are in for it.
The entire economy is relying on several interconnected bubbles supported by tax dollars.
It'll be fine
BRICS went back to the gold standard and the petro-yuan is poised to unseat the petrodollar. Anyway, more student loans for graduate degrees in Grievance Studies! It's okay, vote for politicians promising loan forgiveness!
It's nominal, so not adjusted for inflation. You're paying more for the same amount of goods. It's the same shit when you hear politicians spout "record-breaking revenue" or "all time highs".
All I hear is "the dollar is collapsing".
^this is correct.
If you buy the same amount of goods, but the price went up 10, 15, 20% (or more in some cases), well, consumption "spikes" 10, 15, 20%... Not even counting the fact portions are smaller now as well.
So energy price inflation has been that disruptive?
Energy, especially diesel, touches everything in the economy. You might get a reprieve on some items like TVs or clothing, but perishable goods like food will feel the pain instantly.
Inflation's also a self-fulfilling prophecy. When people see prices climbing, they'll try to frontload their purchases and hoard in bulk to avoid the next price hike. Demand goes up, supply goes down, prices go up, and on and on.
Energy costs rising sharply due to Israel's wars and AI datacenters sucking the grid dry.
The last few months every, "maybe we'll get that," purchase has been getting made, and bills are being pushed onto credit cards. That's not what they see, though.
It's the same all over the West: governments import hordes of 3rd worlders and then wonder why their countries turn into 3rd world countries.
They don’t wonder. They’re laughing at you. It’s intentional.
Jews don't wonder. They're thriving in the slave lands they've created.
Only because nothing's happening to them (yet).
Every once in a while an old yid gets knockout game'd in Brooklyn or aloha snackbar'd in Maastricht but those are outliers.
The money printing to sustain this BS is also a major, major cause.
I dream of having my own land, enough savinggs to afford property tax forever, and just leaving this garbage world for good.
That's the plan, and give away all the housing assistance to nonWhite invaders.
As a final act of spite they'll ban gun ownership, and only enforce that on Whites, possibly with drones.
The economy could be doing great in two seconds. Lower taxes by 80%, cut all social program spending. Voila. Economy fixed. Also, the government should put their debt to $0 by saying they won't be paying any debt then make debt illegal. It's unjust for the present to force the future to pay for them and it's unjust for the past to force the present to pay for them.
Cool it with the antisepticism.
Basically just remove all nonwhite parasites, and this includes the (((fellow whites)))
AI was pulled out to get Biden out of his """technical""" recession in 2022. What's going to be the New Thing™ to increase spending and GDP for the Orange Man?
Israel's running out of countries to attack
I'll admit that I enjoy reading stuff like this because it makes me feel good about being set financially. Obviously it sucks to be reminded of how fucked the country is long-term but I've known that for a very long time so it's whatever.
I’m in kinda the same boat. I’ll be fine, but my children and grandchildren won’t. The door was slammed shut on White grads after the 2008 recession so they’ll never get the start I did.
We've been in a recession for years, they just keep moving the goal posts. Purchasing power has been sliding down a hill for a while now.
$5 dollar footlongs...
I don't have fuck all for savings. I bought a house at 21 just before COVID and I'm basically fucked from the inflation and everything else going downhill, plus a few unfortunate accidents. I have been living from pay check to pay check until very recently. New job at a fortune 500 but I'm in a manufacturing facility, only making 23/hr. I do have my contributions to 401k maxed out for the match at 6.5% but idk what else to do atm.
I'm trying to build something now but I'm starting from scratch and I'm going to be living like a pauper for god knows how long. If anyone has any kind of advice for someone starting from the bottom with not a lot of extra disposable income I would appreciate from the bottom of my heart.
Stop contributing to a 401k. You need that money now and the dollar could very well be useless by the time you are able to withdraw it. Inflation is already stealing ~4% of it daily.
Buy bitcoin if you want to do something for retirement. Not altcoins. Bitcoin.
Hi hello can you hear me all the way back in 2010
It's really difficult, I've been in my house for 12 years. When I bought, I thought the prices were absolute peak insanity... but I've continually been wrong.
Even the advice I have is tainted by pretty much lucking into a company that pays okayish (that I've been laid off from 4x but never stayed that way - getting hired back on in different functions/areas).
My biggest frustration is that my 2bedroom apartment before I moved was $690 a month and just with property taxes I pay $425 a month to essentially rent from the local town.
My wife works, dual income really helped. All my bonuses and commission went into the house and we paid it off in 9 years. It took her 6 months to find a job when her company laid her off last year, not having a mortgage payment every month meant we could weather it alright - still food, kids, limited travel to visit family, insurance...
The amortization table skews heavily towards interest as you start paying the loan, getting ahead of it helps build equity much more quickly. 3% of my payment went towards principal the first year, and by year 7-8 60-70% went towards principal, which helps snowball.
If there's someone you can trust to live with you and contribute... it'd help. A lot of people want to pick up extra jobs, but I'd much rather control spending and not kill myself (cheap hobbies, fishing, computer games, exercise, cooking). I drive an suv that's almost 20 years old with over 200,000 miles and plan on buying something pre-2019 when it dies.
That $20 / hr seems like what they are paying all the manufacturing guys these days. The only ones making more are unionized boomers. Maybe joining a union could be the solution.
I'm against unions overall, but not going to lie, if you have the connections to get one, then union jobs can be pretty sweet. More money to do less work, plus benefits. The only downside is sometimes the union pushes their luck too much and the business has to shut down, leaving everyone on the street.
The downside is all the worthless niggers they can't legally fire. You end up doing their work for no extra thanks.
Take the cash where you can get it. I'm assuming your company doesn't have a union but a lot of military industrial complex companies have unions for all the touch labor.
Never forget the names and faces of the ones who did this to you.
If you're in manufacturing I would suggest trying to learn toolmaking by whatever way possible. Best case scenario there's a training program at your plant or someone willing to show you the ropes. Toolmakers get paid big bucks.
https://x.com/unusual_whales/status/2060002401734766651?s=46
And gdp is 1.6, less than half of inflation.
...and GDP is book cooking in the good times or at least has been ever since the service economy transition.
Inflation is not at 3.8%, stop spreading lies. It's MINIMUM 10%.
Calculate yourself with eggs,meat,milk and gas.
Lumber alone. Go to your nearest Home Depot (and this is not even regarding that it's swarming with jeets)
Wood, rubber, car tires, silver, gold. Lets make our own inflation index.
For butter here ist around 20%
Butter derives from milk, like cheese.
I’m really surprised wages have more of less stayed the same. Corporations have finally figured out that people get ahead by moving jobs so they all collectively make the process as miserable as possible.
Now they can use AI as an excuse to never hire and suppress wages even further.
Once out of savings they rugpull the market
Then you'd have no savings left to buy cheap stocks
Then jews rebuy all the stocks at rock bottom discount prices.
That's the point. Total economic collapse.
Planned and engineered.
The banks will need another bailout eventually because they gave trillions in loans to minorities that should have never gotten them.