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.

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.

Amazon apparently has teams of people employed to do exactly that.

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.

My advice folks is to start learning a business thatcan't be automatedand will always be needed, especially by rich people who will pay lots for your service. Plumbing,farming, construction, etc. I literally make 120+k/year walking dogs because there is a strong market for it in my area. That said I know the tech jobs that keep people here wealthy and unable to walk their own dogs will see all their jobs outsourced in the next decade so I am planning on a move to ranching/farming in 5 years. Rich people will always need good quality vegetables and meat and they are happy to overpay for it if they think the quality is superior. Learn to suckle the rich titty boyos.

My advice folks is to start learning a business that can't be automated and will always be needed, especially by rich people who will pay lots for your service. Plumbing, farming, construction, etc. I literally make 120+k/year walking dogs because there is a strong market for it in my area. That said I know the tech jobs that keep people here wealthy and unable to walk their own dogs will see all their jobs outsourced in the next decade so I am planning on a move to ranching/farming in 5 years. Rich people will always need good quality vegetables and meat and they are happy to overpay for it if they think the quality is superior. Learn to suckle the rich titty boyos.

wish I was born in American. It's so easy to get rich srs. How anyone is poor in the USA is beyond me


get rich, then gtfo and live in a nicer country

How would you get rich and why can't you do that in australia?

miscers defending billionaires because they made some grands on stock market

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.

Wouldn't the middle class be taking advantage of all that since their investments are going sky high? Its more like RIP to anyone who can't afford to invest

And that's exactly what the govt wants you to do. It's a TINA market: There Is No Alternative to pumping stocks and residential real estate.

That’s why major brokers introduced partial shares last year.

Now the plebs can buy 1/5th of one amazon stock and not get priced out. Rich get richer

Edit: ironically just before things like TSLA and AMZN pamped 300-700%

Why would you buy a partial share instead of a mutual fund or etf?

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.

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

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.

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.

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.

My advice folks is to start learning a business that can't be automated and will always be needed, especially by rich people who will pay lots for your service. Plumbing, farming, construction, etc. I literally make 120+k/year walking dogs because there is a strong market for it in my area. That said I know the tech jobs that keep people here wealthy and unable to walk their own dogs will see all their jobs outsourced in the next decade soI am planning on a move to ranching/farming in 5 years.Rich people will always need good quality vegetables and meat and they are happy to overpay for it if they think the quality is superior. Learn to suckle the rich titty boyos.

Lol, this. QE infinity, no reserve ratio needed for banks. Fed outright buying stocks, bonds, REITS. Proles get 1200$.

andwetoldthemitwouldtrickledown.jpeg

Fuuhh, would rep but on spread.

Well a large issue with real estate is having foreign nationals buying real estate in the US because they can’t park their dollars in their home country (China), which drives up the US housing market.

This should be a top 5 national security issue.We simply cannot continue to allow non-citizens or non-green card holders the ability to purchase property in the USA. This also requires the removal of the EB-5 visa.

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.