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Forum » There is a whole generation of kids in this country that never saw a recession
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Thread: There is a whole generation of kids in this country that never saw a recession

post 1639629683 05-28-2021, 10:01 AM
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#31
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Nuggets of Wisdom
post 1639629753 05-28-2021, 10:01 AM
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#32
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I was in New York and Dallas few weeks back. It's so obvious the U.S is suffering massive Hyperinflation.

I feel for the guys who bought the property in the last year, That's a massive scam going on as well. 1/3 homes are bought by funds. Worse though the houses are literally designed to be knocked down in 10-20 years.
post 1639629963 05-28-2021, 10:04 AM
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#33
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What would the simps do? Rope?

Wow thinking about that might be worth the struggle lol
New York
post 1639630023 05-28-2021, 10:04 AM
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#34
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One more thing to think about people in the US think there is a labour shortage. There is a labor shortage at minimum wage which is more than 15 an hour btw, people aren't that stupid to work less than minimum wage hence why no one will work these jobs.

IF your looking for a job paying six figs, which you need now in the US. well, there ain't a labour shortage there. Every banking job literally has hundreds to thousands of people going for it.
post 1639630223 05-28-2021, 10:07 AM
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You think that's rough? there's a whole generation of kids that grew up not knowing what a floppy disk was, not appreciating how easy it is to find pron these days ... They'll never know the days of dial up internet, trying to download a 50 mb pic of Torrie Wilson's titties file on limewire, only for it to run out out of bandwith halfway and you end up fapping to her hairline.
Sig line can't be a novel
post 1639631503 05-28-2021, 10:25 AM
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#36
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Originally Posted By r32gojirra⏩
Technical recession is two consecutive quarters of negative growth

I’m talking about Australia btw

And more about changes in the real economy that people would’ve noticed

Like significant unemployment

Or like in the GFC where external factors caused interest rates to go up despite no inflation



I don’t know and don’t pretend to know

But you can’t just keep borrowing money from future generations by issuing debt and pumping into asset price speculation that does nothing to build the capacity of the economy in the long run

Eventually something breaks and this time we don’t have monetary policy to soften the blow
You mean the country that went to war against birds. And lost.

https://en.wikipedia.org/wiki/Emu_War
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