For most of us who follow you and the past 40 years of financial shenanigans (albeit: Kick the can down the road) we are now at a point where we are still waiting for the world to end. Who could have predicted that since 2008 and the GFC that the markets would perform the way they have? Many responsible investors chose to either stay out of the market or invested prudently while most "uninformed" investors continued to dollar cost average into their 401K's and only experienced 2 down markets from 2009 to 2024 (2018 down 4.38 and 2022 down 18) and have experienced higher than average returns...The noise created by so much information on the internet has only served to make matters worse...Perhaps Ron Paul has been right all along? "End the Fed is a 2009 book by Congressman Ron Paul of Texas. The book debuted at number six on the New York Times Best Seller list[1] and advocates the abolition of the United States Federal Reserve System "because it is immoral, unconstitutional, impractical, promotes bad economics, and undermines liberty."[2] The book argues that the booms, bubbles and busts of the business cycle are caused by the Federal Reserve's actions.[3][2]" (from Wikipedia)...In the end those Americans who are living check to check need to be more frugal...How can anyone expect Americans to be responsible financially when our own Government is the most financially irresponsible agency in the world...
But, I was told that those who want free stuff are getting it for free from the government and that I am not paying for it. No. Really. This is how badly our school systems have failed. 🤷♀️
When is the whole thing going to blowup/blowout and reduce everything to rubble?
When can “we” triumphantly say “ There you go MF’s!! … We F—-ing Told You this is where You were taking Us!!!”
And…after the Adrenaline Rush and a Quiet Moment of Resignation….We roll up our sleeves, get to work, and Start Over.
We need a Clean Slate.. as the current Slate is completely covered with the increasingly maniacal/delusional and friggin’ Self-Serving Gibberish from a Desperate and Disproportionately Wealthy Few who have been Wood-shedding us since Bretton Woods.
The American system of capital is based entirely on eating somebody else’s lunch. So I suppose you’re right, it’s not free, somebody else is paying for it with their labor.
For most of us who follow you and the past 40 years of financial shenanigans (albeit: Kick the can down the road) we are now at a point where we are still waiting for the world to end. Who could have predicted that since 2008 and the GFC that the markets would perform the way they have? Many responsible investors chose to either stay out of the market or invested prudently while most "uninformed" investors continued to dollar cost average into their 401K's and only experienced 2 down markets from 2009 to 2024 (2018 down 4.38 and 2022 down 18) and have experienced higher than average returns...The noise created by so much information on the internet has only served to make matters worse...Perhaps Ron Paul has been right all along? "End the Fed is a 2009 book by Congressman Ron Paul of Texas. The book debuted at number six on the New York Times Best Seller list[1] and advocates the abolition of the United States Federal Reserve System "because it is immoral, unconstitutional, impractical, promotes bad economics, and undermines liberty."[2] The book argues that the booms, bubbles and busts of the business cycle are caused by the Federal Reserve's actions.[3][2]" (from Wikipedia)...In the end those Americans who are living check to check need to be more frugal...How can anyone expect Americans to be responsible financially when our own Government is the most financially irresponsible agency in the world...
But, I was told that those who want free stuff are getting it for free from the government and that I am not paying for it. No. Really. This is how badly our school systems have failed. 🤷♀️
When is the whole thing going to blowup/blowout and reduce everything to rubble?
When can “we” triumphantly say “ There you go MF’s!! … We F—-ing Told You this is where You were taking Us!!!”
And…after the Adrenaline Rush and a Quiet Moment of Resignation….We roll up our sleeves, get to work, and Start Over.
We need a Clean Slate.. as the current Slate is completely covered with the increasingly maniacal/delusional and friggin’ Self-Serving Gibberish from a Desperate and Disproportionately Wealthy Few who have been Wood-shedding us since Bretton Woods.
Let’s Get This Done!
Well said!
The American system of capital is based entirely on eating somebody else’s lunch. So I suppose you’re right, it’s not free, somebody else is paying for it with their labor.