I have been hearing this a lot recently.
"the clowns are in power"
"the clowns are making the decisions"
"the clown show must continue"
This is the future chart of the world. Expand the debt, spend spend spend what you don't have, children born into debt! Isn't that progress? I mean we are all about social justice. In all honesty this is a chart Pharaoh of Old Egypt should be happy with. Imagine a class of people born into slavery!
Yes there is a such a thing as being born into slavery!
This should be concerning for everyone but to be honest most people LOVE THEIR DEBT. Pay the minimum on your card? No problem! I guess I shouldn't worry when I'm putting my groceries onto a debt card! No actual problem with that right?
Why is it in school they don't teach about bankruptcy? Why is it in school they don't teach about interest payments? Why is it in school they don't explain why debt it bad? Well it's simple! That kind of education doesn't help the slave debt system!
Explain this to a 40 year old or a 50 year old who keeps piling it on! They see no disadvantage to borrowing other people's money. This shows the complete assimilation of minds and in fact shows why the system continues. It's just such a terrible thing for people to be responsible for their own freedom and self reliance.
FUD post? Nope! Just a reality we are all living in. I was going to post whatever whatever but I guess this rant is just enough for the BRO vote. From a space where we can zoom out, this doesn't end well. The system needs more debt slaves, but debt slaves do not produce much. I guess they think a consumer economy can just do this for infinity. I didn't say that the engineers of this clown show economy could continue. It will break, but there will always be a new clown show.
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Some things never change.
"But Moses, we were better off under Pharaoh than to wander the deserts all these years!"
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In school they teach that a healthy portfolio contains about 16% of your annual income in debt. I teach my kids to maintain a zero balance in debt. So far, so good! Debt is slavery, and taxes too.
Even if you are not in debt yourself , the system will find a way to gives you trouble.
I see how the business of elder people is a super juice ... they break the families or the health and force people to go in carehomes or hospitals and then they pump insane amount of money , i never had debts and now i am struggling to pay for her hospitals bills , a jail in which she cannot get out and pump everything they can for years
Until she dies , making sure it last long enough .
Children are responsible for those debts , i now owe a huge amount of money
And not even my bad trading skills can help me cope with it .
Bearmarket didnt help , rugpulls and ponzy scams either .
Reality is , they will always find a way to fuck us , even if we dont get in that bed !