I was listening to The Daily podcast while driving around yesterday, the episode was soliciting financial questions surrounding ‘Trumps economy’ and the challenges faced by the average person.
Well, you have to do something, people don't want to have kids and that is the REAL Population Bomb, you can have exponential population collapse just as much as you can have exponential population "bombs". Very hard to turn that around, in fact, no country has succeeded. South Korea is going to disappear. And North Korea will just walk in and take the place. Crazy thing, is the Central Bank Mafia who mostly run the Western World are hard core, Club-of-Rome, Paul Ehrlich Malthusians and are encouraging population collapse.
One big problem is Real Estate, probably one of the biggest scams of the century. They deliberately make land unavailable for housing, artificially inflate prices by restricting supply by various devious means. You should be able to factory or 3D print a 2 bd home on site for ~$40k. And Banks love inflating Real Estate.
And never forget, the biggest example of welfare is allowing private Banks to create our money supply. A $trillion in interest every year for money created out of thin air. The US treasury could more easily create that money debt-free and save the $trillion/yr in interest payments. The Banks don't even pay taxes on the money they create. Free money.
I came from a generation where parents kept their child's crib for when they needed it for their grandchildren. And we gave the crib to my wife's daughter when she had her first child. So yeah, its a different world.
But this is also why we've seen the decline in the birthrate in America, The cost of raising children is beyond the means of many. The question then becomes was this a planned child? It maybe this is someone reacting to an unplanned child vs preparing for a planned child?
It shocks me that there are so many people who don’t know how money, checking accounts, credit, and credit cards work. When I hire temp help Thrivent it out in there pay app - I pay by check. It’s hard to believe they can be that unaware but the demonstration is daily!!
As to the crib, just buy one made in America, or just make one yourself - they don’t have to be fancy!! But what a snowflake she is!!
Have only read the title but AMEN, also if you can’t be disciplined enough to not be obese yourself - you should wait til you can be to have a baby (some exceptions may apply)
We had hand me down cribs from friends with slightly older kids. We in turn passed them on when we were through with them. Seems like we have forgotten a lot in the past 40 years.
What are your thoughts on the inability for the common person to learn how to make money outside of being an employee.
I am a petroleum engineer by degree. COVID was very unfriendly and was laid off twice. Job market for a PETE was in the dumps (still is 5 years later and most likely will be for a long time).
I bet on myself and got into real estate sales and then investing. I have done well for myself, but took some huge risks that most wouldn't be compostable with. Talking with friends and family, they have no idea how to make money outside of a 9-5.
Explain? Lots of ways to take risk and not be an employee. It’s just a view of risk adjusted rate of return at all levels, including going to college. The assumption that “people deserve a job” is the flaw to me. Everyone needs to always been progressing, growing, learning and fighting for more… or accept that they will one day be replaced.
Excellent train of thought. This is the kind of discussion that belongs in every high school before the end of senior year.
Had to be said. Hearty Thanks for saying it!!
Well, you have to do something, people don't want to have kids and that is the REAL Population Bomb, you can have exponential population collapse just as much as you can have exponential population "bombs". Very hard to turn that around, in fact, no country has succeeded. South Korea is going to disappear. And North Korea will just walk in and take the place. Crazy thing, is the Central Bank Mafia who mostly run the Western World are hard core, Club-of-Rome, Paul Ehrlich Malthusians and are encouraging population collapse.
One big problem is Real Estate, probably one of the biggest scams of the century. They deliberately make land unavailable for housing, artificially inflate prices by restricting supply by various devious means. You should be able to factory or 3D print a 2 bd home on site for ~$40k. And Banks love inflating Real Estate.
And never forget, the biggest example of welfare is allowing private Banks to create our money supply. A $trillion in interest every year for money created out of thin air. The US treasury could more easily create that money debt-free and save the $trillion/yr in interest payments. The Banks don't even pay taxes on the money they create. Free money.
I came from a generation where parents kept their child's crib for when they needed it for their grandchildren. And we gave the crib to my wife's daughter when she had her first child. So yeah, its a different world.
But this is also why we've seen the decline in the birthrate in America, The cost of raising children is beyond the means of many. The question then becomes was this a planned child? It maybe this is someone reacting to an unplanned child vs preparing for a planned child?
Or buy the new crib, knowing you're going to be able to sell or gift it to family or friends, helping reduce someone's stress in the future.
It shocks me that there are so many people who don’t know how money, checking accounts, credit, and credit cards work. When I hire temp help Thrivent it out in there pay app - I pay by check. It’s hard to believe they can be that unaware but the demonstration is daily!!
As to the crib, just buy one made in America, or just make one yourself - they don’t have to be fancy!! But what a snowflake she is!!
Have only read the title but AMEN, also if you can’t be disciplined enough to not be obese yourself - you should wait til you can be to have a baby (some exceptions may apply)
We had hand me down cribs from friends with slightly older kids. We in turn passed them on when we were through with them. Seems like we have forgotten a lot in the past 40 years.
What are your thoughts on the inability for the common person to learn how to make money outside of being an employee.
I am a petroleum engineer by degree. COVID was very unfriendly and was laid off twice. Job market for a PETE was in the dumps (still is 5 years later and most likely will be for a long time).
I bet on myself and got into real estate sales and then investing. I have done well for myself, but took some huge risks that most wouldn't be compostable with. Talking with friends and family, they have no idea how to make money outside of a 9-5.
Explain? Lots of ways to take risk and not be an employee. It’s just a view of risk adjusted rate of return at all levels, including going to college. The assumption that “people deserve a job” is the flaw to me. Everyone needs to always been progressing, growing, learning and fighting for more… or accept that they will one day be replaced.
Comfortable*
What's it like in cloud cuckoo land? Im thinking of going there one day