238 points

And the wealthy manage to come out on top every single time.

permalink
report
reply
119 points

When you’re the ones manufacturing the crisis, it’s easier to prepare and profit from it

permalink
report
parent
reply
16 points

When they should really come out 6 feet under.

permalink
report
parent
reply
11 points

Buy blue chip stocks during recessions and sell after recovery

permalink
report
parent
reply
54 points

Kinda hard to buy when you dont have any fuckin money

permalink
report
parent
reply
44 points
*

If you didn’t buy so many pumpkin spice lattes and avocado toasts you would have been rich by now

permalink
report
parent
reply

Instructions unclear, invested life savings in a company that produces blue corn tortilla chips.

permalink
report
parent
reply
7 points

Well tostitos is owned by pepsico which is a matured company of 126 years so I would consider that a blue chip blue corn chip stock

permalink
report
parent
reply
5 points

I invested early but ate them after a month because I was afraid they’d get stale.

permalink
report
parent
reply
8 points
*
Removed by mod
permalink
report
parent
reply
7 points

I think this thread has been very clear about what stocks to buy and it’s your fault if you don’t get it (when you figure it out, let me know too)

permalink
report
parent
reply
111 points

It starts to make sense when you realize that each of those events is basically a fire sale for billionaire investors.

Just look at income inequality before/after each of those events.

permalink
report
reply
49 points

This is the truth.

The economic crisis’s have all been real, they all really have been huge events that have restructured life for everyone, it’s just that they’re not accidental, they’re not unforseen consequences of policy decisions nobody could have imagined… they’re engineered, or foreseen with great clarity.

And every time, the rich get richer and the poor get poorer and the so-called middle-class shrinks even more. Prices go up, we all have to work a few more hours in the week, we get less in return, our future dreams dwindle, and we plug into social media and AI slop and drugs and alcohol to placate us while we say “I just gotta save up enough so I can…”

And those savings NEVER increase. There is always some event, some family crisis, some medical problem or a car breaks down or your parent dies or the company you work at gets bought out and your 6 years of experience only makes you a liability for the new management team who wants to make a culture of “young, energetic pioneers.” (who they can pay less.)

The wealthy are at their happiest and strongest when they exist as they have for centuries, land-owners up high, living off the hard work and struggles of thousands of people beneath them, shaving a bit off everyone’s pay, offloading their problems to people who are already struggling. They want to run around in the manor and keep getting wasted and banging winches while we serfs toil in the fields we don’t own.

permalink
report
parent
reply
12 points

I wish upon a star that we could be a generation that takes power back for the average worker and uses our strength in numbers as leverage to have a better quality of life by making the wealthy pay their fair share.

But it’s looking like our historic legacy is going to be that of a fool generation that votes against their own interests and refuses to stand up for themselves.

A very embarrassing time to be an American.

permalink
report
parent
reply
12 points

we could be a generation that takes power back

The bigger problem right now is that unlike revolutions of old, this time there are millions of people who adore and cherish their overlords and would literally fight to the death to protect them for no other reason than ideological.

Even if it all went down tomorrow, even if we all locked arms and marched on Washington and installed a group of compassionate leaders who want to make sure all people are treated fairly and that we all had basic rights… we would still have to share this land with the millions of people who hate us for wanting better outcomes. There would still be hostile, evil forces twisting the minds of the stupid into hating their neighbors.

It’s such a larger problem than the wealthy hoarding all the money. We’re facing the absolute limit of human capacity to mitigate outside influence, we have every possible entity, commercial or political, trying to make us feel a thing, make us think a thing, make us serve them. We are attacked all day from every side with malicious lies and narratives meant to make us be quiet and hide. Even if it doesn’t work on most of us, if it only works on a fraction of a fraction of the people, we still have millions who hate you and want you dead simply because you might think that your tax money should go into making all our lives better equally.

permalink
report
parent
reply
5 points

Seeing shit like this play out just makes it harder to keep going. At this point it’s a matter of when I do it, not if. What point is there if it’s only getting worse? I’ve seen my best years by now

permalink
report
parent
reply
3 points

Your choice, of course.

But there’s something to be said for living as well as well can in spite of the bullshit. Especially if there’s folks that rely on us.

permalink
report
parent
reply
95 points

This message is brought to you by the Storm of the Century and the hotest year in history. Available to you every year.

permalink
report
reply
20 points

I was going to say I live in a “50 year flood plain” and I’ve seen 3 floods in the last 16 years.

permalink
report
parent
reply
11 points

Don’t forget the wildfires.

permalink
report
parent
reply
5 points

Good thing we dumped the california agriculture water reserves to solve their winter fires.

permalink
report
parent
reply
11 points

I know there have been people predicting they live in the “end times” for all of humanity. But I can’t help but feel like our generation isn’t crying wolf like the others.

permalink
report
parent
reply
76 points

Don’t worry tho, because although everyone’s broke as shit, the houses you bought in the 90s when you were a young child are worth like 10 times as much now!

permalink
report
reply
34 points

I bought houses as a child?

permalink
report
parent
reply
46 points

What, you didn’t use your 1994 influencer money to buy houses?

permalink
report
parent
reply
19 points

Pffft, I used money from delivering the morning papers to buy my first house. When I was 11, ELEVEN!!
However it was the delivering of milk that really helped me afford my first yacht! Every morning for months I got at 4am to deliver it. That was a hard 3 and a half months I can tell you!

You guys should just pull yourselves up by the avocados, and stop eating so many bootstraps!!

permalink
report
parent
reply
11 points

You didn’t know to sell one of your beanie babies to pay for a house? That’s like wu tangs #1 rule: diversify. Going all in on beanie babies is all fun and games until your divorce has you fighting over the most precious things in your life.

permalink
report
parent
reply
57 points

Don’t forget - you were also BORN into a once in a generation economic crisis: The savings and loan crisis of the 1980s and 1990s was the failure of approximately a third of the savings and loan associations in the United States between 1986 and 1995. These thrifts were banks that historically specialized in fixed-rate mortgage lending.

https://en.m.wikipedia.org/wiki/Savings_and_loan_crisis

permalink
report
reply

Funny

!funny@sh.itjust.works

Create post

General rules:

  • Be kind.
  • All posts must make an attempt to be funny.
  • Obey the general sh.itjust.works instance rules.
  • No politics or political figures. There are plenty of other politics communities to choose from.
  • Don’t post anything grotesque or potentially illegal. Examples include pornography, gore, animal cruelty, inappropriate jokes involving kids, etc.

Exceptions may be made at the discretion of the mods.

Community stats

  • 8.5K

    Monthly active users

  • 1.2K

    Posts

  • 15K

    Comments