This is the biggest wealth transfer in economic history. Ho lee fukk, brahs. Never has there been a better time to be a CEO like most miscers! Feels good.

Sucks for the plebs! lol bye bye middle class, fukk off poorcels. MAGA.

Yes.

I still can't believe corps got UNLIMITED QE while poorcels got $1200 and told to fukk off and die lol. What a power move by Daddy.

If you're not a third party reseller/wholesaler on Amazon/Walmart while simultaneously investing the profits into AMZ and WMT I'm not sure what to tell you.

that dere 1%, 99% of the wealth

Das it, mane. That's how we do it. Stacks to the sky.

oligarchy is a natural progression of capitalism so it was always going to happen, these guys just sped it up

Sad!

America’s middle class died in the 70’s. Offshored jobs to China, 2 million immigrants a year coming in, capital gains taxed at like 10 percent. Ya America is fuked.

Boomers phukked us

It's essential that they work or they will starve lol. What will happen once robots replace them? Use those people for firewood?

bet this thread makes you giddy doesn't it you evil capitalist devil

Not in the financial position I want to be but armed with vast amount of knowledge I lol at poorcells who don't even invest or anything even more obvious in a time like right now.

did you answer whether you were evil yet? you can keep waiting pal

Another MISC CEO booyah. We're going to be driving our lambos on the moon before long, brah.

Working for a small business sucks. Long hours, no benefits, no profit sharing, and they stiff you on wages.

What we need is more government intervention and socialism. See sig & title.

Trump says socialism is only ok for politicians and corporations, *******. Rugged individualism for plebs like you. Why aren't you a CEO $10k/day?

If I didn't have my head up my ass the past couple years I would've already been there! Cheers on the quest to 10k/day srs

i, Anachron, admit that i am heartless capitalist pig

made it easy for you, simply ctr c + ctr p

worrying as this will make r-tards more susceptible to socialist BS

We gave them netflix, pornhub, social media, and video games. They are fat as fukk and don't even vote.

RICH LIKE US STAY WINNING.

We don't have real capitalism in America. We have crony capitalism.

https://youtu.be/jPBNl7WGFmI

It's not even so much govt fiscal policy as it is automation. That's the 800lb gorilla no one talks about.

If workers were actually needed, wages would rise accordingly. The laws of supply and demand are immutable. But if workers weren't really needed and were only competitive vs technology below a certain price, we'd see wages stagnate near that line with steady layoffs as the technology cheapens and lowers that bar further. Oh wait, that's exactly what we see.

Look at China for example. Over there, you'll see a crew of like 4 guys riding on the side of a garbage truck and dumping the bins in by hand, whereas in the West we use 1 guy and a hydraulic lift. You'll see 2 security guys watching a parking lot in China, while we use 0 guys and a security camera. Part of that is political, one of the main positives Communism offers to its subjects is guaranteed employment, but the main reason is that their labor is simply cheaper than buying a machine. Once that changes, they'll be gone.

And then we've got miscers here thinking "I've got my CPA, I'll be gainfully employed for life!", with their SVPs ready to automate them with machine learning ********** as soon as the technology becomes reliable and available. They think they're CEO 10k/day, but all they are is just white collar Chinese garbage men.

Anyway, itisa wealth transfer, but it's more of workers' former wages being transferred to the machine owners. Yes, govt is doing their part to pump the market with ZIRP and printing trillions of dollars at the public's expense, but the bedrock issue is that there's tens of millions of American workers who could die tomorrow and all be replaced by automation within a year tops.

Hello sir, I have already made arrangements for the PS5 and smartphone. Once this transaction is complete, I will take over receiving the items.

Thank you kindly.

Reminds me of my first time at a Chinese semiconductor manufacturer. In the US, a fab costs about $10B and run mostly by robots. People don't even carry raw materials, a crane does.

In China, I walked into the fab and it was literally thousands of people sitting at stations, soldering each board by hand as they huffed straight lead fumes for 12 hrs every day.

all forms of capitalism lead to oligarchysorry guys, kind of got hacked and someone messing with my account so let's forget about this and move on

yeah, it's quite unreal, visited factories there 10+ years ago and you can really see and feel how bad they treat their cheap labor. Piss poor working conditions, everything done manually. Quite the experience to be honest.

Not much we can do about the middle class dying but the least we can do is protect ourselves by not holding too much cash in savings but holding strong company stocks and some gold and silver. Also no point in holding fixed income now, yields will remain low and you're basically gonna lose money every year since inflation will most likely be higher than your bond yield. Don't be left holding the bag. Buy stocks, real estate, gold. Imagine how many people have the standard 60/40 breakdown in stocks and bonds. chit's gonna hurt sooner than later.

like i said got hacked so not my problem

Quit chitting up my thread.

On another note, this is part of the trickle-down pill that right wing miscers don't want to swallow. That money that the corporations are supposed to reinvest in American workers and "raise their boats in the tide" or what the phuck ever is instead often reinvested with the express intent of automating away their jobs (see: Amazon).

Trickle-down only works in a closed system, or you know, one where one party can't phucking eliminate the other.