What an economy!

IIVI

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anyone who lives in a major city knows it was never that simple, cause they have been building new units non stop for years and rents have only been going up. increasing supply means little when you have a glut of institutional and foreign investors buying everything new up and rent seeking. it's just a buzz term to justify local development incentives like giving municipal owned land away for penny on the dollar or tax breaks



the global elite
the entire globe is about to look like nigeria or some other country with wild income inequality. 99% of the people broke as shyt but it not mattering because they don't have any wealth/assets anyway and the 1% trading all the assets between each other.
In some ways this is what we have now. People don’t realize how much each of us in the United States have compared to the rest of the world. We’re talking our basic needs that we’ve taken for granted are insanely cheap for us compared to every single other country.

It’s why we are difficult to replace as trade partners because we buy a ton of imports as Americans have so much money to spend compared to everywhere else. If you’re one of the 5% of the world born in America, you’re extremely “wealthy” compared to most people.

However, now the genuinely rich people are about to do the same to the population here in the states. Drive up the cost for basic shyt to the point people in this country have to pay “nice-to-have” prices for shyt that used to be day-to-day.

Like Richard Feynman said, Mathematically in a collection of people there’s a top and bottom. You can have a class full of geniuses but there’ll still be a top 10% and bottom 10%. Same thing applies to money in the States. The problem is the floor keeps rising and it takes more money to be ordinary. We’re richer than other countries so our ordinary is higher but it doesn’t stop there. This keeps up and that ordinary price will fly past what most of us here can pay.

We’re already paying crazy prices for some things, but it will keep getting worse because leadership is horrible and they keep letting people get away with things. They keep convincing the idiotic general public to go after the wrong people. That’s how people avoid accountability.

This keeps up and most people in America will know what the rest of the world feels like.
 
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cyndaquil

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anyone who lives in a major city knows it was never that simple, cause they have been building new units non stop for years and rents have only been going up. increasing supply means little when you have a glut of institutional and foreign investors buying everything new up and rent seeking. it's just a buzz term to justify local development incentives like giving municipal owned land away for penny on the dollar or tax breaks



the global elite
the entire globe is about to look like nigeria or some other country with wild income inequality. 99% of the people broke as shyt but it not mattering because they don't have any wealth/assets anyway and the 1% trading all the assets between each other.
 

Pazzy

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These tech bros that all for ai replacing work force, do they think when AI replaces 30-40% of workforce or even higher, who will use or buy their products then?

When so many people out of job, it’s only matter of time before it turns ugly and people revolt

It will not end on a good note unless they introduce universal income and even then it wouldn’t be enough

Andrew Yang anybody?



fukk Andrew Yang and UBI too.
 
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desjardins

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. Drive up the cost for basic shyt to the point people in this country have to pay “nice-to-have” prices for shyt that used to be day-to-day.

We’re already paying g crazy prices for some things, but it will keep getting worse.
The other piece of this is the consolidation part. People keep asking who is going to buy everything but it's going to be many companies going out of business and super monopolies created so economies of scale could help the remaining corporations (ie: Amazon and Walmart style dominance across multiple industries). On some CyberPunk 2077 shyt
 

IIVI

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The other piece of this is the consolidation part. People keep asking who is going to buy everything but it's going to be many companies going out of business and super monopolies created so economies of scale could help the remaining corporations (ie: Amazon and Walmart style dominance across multiple industries). On some CyberPunk 2077 shyt
Yup.

This is why you elect smart and honest people to tackle these issues because this is an insanely difficult problem to solve. This takes policy.

Good thing the American public elects smart and honest people right?
 
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Pazzy

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I don't nor should anyone else trust a racist ass country with universal income

Yep and you see Trump talking about giving everybody 2,000 dollars, pushing that idea too. They experimented with it during the beginning of covid with those checks. They know what theyre doing. The technocrats are pushing an entire depopulation agenda where they are trying to make everyday people useless. They pushing everything to be unaffordable,taking away the jobs, and then saying here UBI and it wont even be enough to survive on while a$$holes like Mr Yang are pushing to be trillionaires flying to the moon. Dude is a real pos
 

IIVI

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It goes way deeper than that , they keep giving the military & law enforcement everything they need though



Law enforcement is blowing city budgets with overtime & Flock safety

It’s hilarious.

For example: Clean Energy.

The Big Beautiful Bill decreased Clean Energy spending in every sector, except the Defense Industry.

The dumb thing about this is things like the Golden Dome are going to be ineffective against current missile technology and even swarms of older missile technology. So it’s a whole bunch of expensive spending for mid results that won’t even keep us safe.
 
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Strapped

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It’s hilarious.

For example: Clean Energy.

The Big Beautiful Bill decreased Clean Energy spending in every sector, except the Defense Industry.

The dumb thing about this is things like the Golden Dome are going to be ineffective against new missile technology and swarms of older missile technology. So it’s a whole bunch of expensive spending for mid results.
We keep electing idiots in government
We need more nuclear power plants
Cities need to stop letting the fire departments & police bankrupt them with overtime pay
Stop paying flock millions
 

Strapped

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Was just talking with a realtor friend… Florida is fukked with housing
Businesses are closing so the cities have less revenues while they keep hiring more people & raising salaries. We have way to many city governments which eats up our tax dollars. They then find ways to pay their salaries by taxing us .
 
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