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RE: The Greatest Wealth Transfer (Theft) Of All Time

in LeoFinance3 months ago

The tension and fighting among generations is tough to watch and to live in real time.

A lot of what you say is true and the odd and upsetting thing is I have had to deal with my parents not understanding the value of things that actually matter a lot in part because they were overpaid by an inefficient organization that ultimately went bankrupt. Their compass of value is all out of wack.

They got rid of a bunch of vintage auto shop signs that were my Grandpa's that both myself and my sister wanted just to get US paper dollars losing value real time.

One of the things I have learned about that generation is very few of them have any legitimate plan to grow generational wealth. They always seem like they are going to teach everyone the value of a dollar when they themselves have no real understanding on how much devaluation has occurred and that the younger generations don't really have anything to work towards.

The new yung bloods coming up can save up to eat a ball of seed oils and saw dust and if they work real hard they can subscribe to their teacher's OnlySimps account and also their best friends sister's account.

Most boomers would rather sell and take a huge tax hit or let it go through probate just so the next generation doesn't get it so they can "teach the value of a dollar."

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Go to college bro
Get a good job bro
Invest in a 401k bro
Just be yourself bro
Ask the girl out, the worst she can do is say no, bro

All the Boomer advice that led to the latest generation becoming bankrupt before they got into the workforce.

And, yes, i have seen mighty battles between Boomers and their children. Many Boomers are donating it all to charity, just 'cause.

But they do not realize that their medicare, their elderly care is GONE or is going to be MUCH more expensive.

Latch-key kids don't feel much pull to take care of their elderly parents.

Well it raises a very good question about unconditional love. Sometimes you get the idea that even with people's boomer mom's they expect "success" not to see their child happy but to be able to tell the few people they talk to how Little Jimmy has a certain career. But yeah I get what you are saying about these latch-key kids not feeling the pull to take care of their elderly parents. They just look at the parents and just feel like they were vengeful and extreme shit talkers the whole time and wouldn't listen to the kids so they just dump them off at the cheapest care home where the staff is beating the shit out of them so the parents can "learn the value of a dollar." It's sad really but I would say there are all levels of making sense.

It's hard for people to break brokey mentality and hard for people to get out of the middle class rut and going by a 1952 playbook isn't really going to play today. You would think it wouldn't be that hard for them to figure out but they really can't.

That's part of the reason why in various different aspects of my life I match up with the younger generation to sharpen my swords and learn from them. Basketball is a great way for me to do this because I see what is in their bag or where their game has advanced compared to 20 years ago.

As far as business and crypto goes I see everyone's brain is getting more and more tweakery. On to the next thing, on to the next thing, on to the next thing. That is why this 3 month power down cycle on HIVE or the 8 Year Gang on ICP is NOT POPULAR to the Yung Bloods. Everything needs to be liquid or they are staying away. Tucking money away in a savings account means NOTHING to them......they want a super car TODAY!!!

But why do they want a super-car?
That is a deep rabbit hole.

To get the gyrls is a poor reason to own a car that costs more for regular maintenance then your apartment.

Rebuilding a V8 and dropping it into some 90s chassis can get you awesome performance at far less price, and a lot of skills to boot. There is a lot more about tweaking a car to run right, then just stomping on the gas peddle.

That said, the tweakery is real. And may be correct in ways we don't know yet.

They have no time preference. There is no future.
And, if all the bank accounts are going to get syphoned off with bail-ins, having no money there would be a good move. (have a stock pile of cash, you will need it)

Investing in the stock market is the same thing. Its all going away.

However, in the future, knowing how to grow food is going to be YUGE. Other real world skills are going to be YUGE! But, how do you get yourself to do such things, expend time and energy, when it is just better to do fun things now. UOLO, right?

I just think having it all in general. They see guys like Jake Paul and Logan Paul and want that. Or the Ball Brothers. It's nothing new but especially when they have seen people come up through social media. It just makes it seem more like a realistic thing to go for vs going out to LA to be an actor.

The rise was so fast for some.

Crypto has that type of energy.

I have observed a lot of guys play it safe with a lot of things. Normal life never was for me.

That's part of the reason I went deeper into that BlackHole DEX last night. It's a pretty good mouse trap.

Everything we do in this world is for women. A lot of the stuff is an extrapolation of that.

What I've realized over time is a lot of guys are paying out the ass for very borderline results.

It's a strange timeline in a lot of ways but I would say I'm better off now than in the past. Because of crypto and being able to build a worldwide network.

Paying out their asses for often no results.

It is too bad what the young men want is the gyrlz.
It is a drive, and if there was any real path to put that drive into, we could rebuild the world tomorrow.

Too bad wimminz do not appreciate what they have.

He built the house, and i got it in the divorce. What do i need a man for?
That a man spent a lot of effort building that house, affording that house, and she acts like it was paid for by yesterday's starfish action.

We are probably, us builder men, going to get together and decide what wimminz get. You get a 600 sq ft flat, running water and electricity. There, we are done. If you want anything more, pay for it.

I just think having it all in general. They see guys like Jake Paul and Logan Paul and want that. Or the Ball Brothers. It's nothing new but especially when they have seen people come up through social media. It just makes it seem more like a realistic thing to go for vs going out to LA to be an actor.

The rise was so fast for some.

Crypto has that type of energy.

I have observed a lot of guys play it safe with a lot of things. Normal life never was for me.

That's part of the reason I went deeper into that BlackHole DEX last night. It's a pretty good mouse trap.

Everything we do in this world is for women. A lot of the stuff is an extrapolation of that.

What I've realized over time is a lot of guys are paying out the ass for very borderline results.

It's a strange timeline in a lot of ways but I would say I'm better off now than in the past. Because of crypto and being able to build a worldwide network.