[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 30 KB, 512x512, NrEbICRM (1).jpg [View same] [iqdb] [saucenao] [google]
18669371 No.18669371 [Reply] [Original]

Why is the economy so vulnerable?
Why is everybody living paycheck to paycheck?
Why does nobody have savings?

>> No.18669382

someone is stealing us, all.

>> No.18669381

>>18669371
because people like to actually live life

>> No.18669558

Soon BTC and LTC will become peoples savings

>> No.18669746
File: 35 KB, 360x500, BDA-111_s.jpg [View same] [iqdb] [saucenao] [google]
18669746

>>18669371
We've been subverted by Jews

>> No.18670108

Your money just fades away when you save so why save

>> No.18670114

Pitiful minimum wage built upon boogeyman theories that paying poor people enough money to make a living wage is Communism as has been said for years now. Several businesses are literally losing employees because the state's unemployment benefits are superior to the pittance they were receiving while working full hours. I would literally never want to work in a flyover state that suggests that's a valid form of income, and at this point I'm willing to say in earnest that the economy deserves to collapse.

https://www.npr.org/2020/04/21/838879361/bitter-taste-for-coffee-shop-owner-as-new-600-jobless-benefit-closed-her-busines

>> No.18670149

>>18669381
Yeah it'll be hard to live life when the economy crashes and you have nothing to go on. Natural fucking selection

>> No.18670150

>>18670114
half the service industry relies on tips & are virtually paid nothing

>> No.18670168

>>18669381
Grow up

>> No.18670182
File: 4.00 MB, 300x200, 1526824366798.gif [View same] [iqdb] [saucenao] [google]
18670182

>>18670150
I will earnestly say that fitting "tipping" as an excuse to permit a service worker's mandatory salary be pitifully small in the hopes that regular people will fill the rest is the most Hebrew thing I have ever seen in my life. Of course it's mandatory that the employer cover it if it isn't found in the tips, but that's a rarity, because tips are built into the culture of American service workers (and nowhere else on earth), and anywhere that doesn't have these laws in place is obligated to outright refuse gratuity.

>> No.18670183

>>18670114
Nice try schlomo

>> No.18670211

>>18669371
Late Capitalism

>> No.18670225

>>18670183
Why would Jews be for a higher minimum wage? If anything they're the ones aggressively fighting against it so that the (((small businesses))) don't need to start laying off 100% of their labor force.

>> No.18670240

>>18669371
Low income, not much in money management skills, and advertising is targeted specifically to make people constantly buy things they don't need or at least in a way that's pricey.

Seen my younger brother (and many others in the 18-30 range) work all day doing low wage jobs, then drive home and order food for delivery. They made $70 after taxes and spend $30 on a bunch of food delivered to them.

Had a GF whose family had a weight problem. She'd hang out with her parents watching TV and when food ads came on, they'd always comment on how good it looks, make noises and get really excited for it.

There's this issue that occurs when people are chronically broke. They have no safety net for the future, so tend to spend the money they have as they see today and maybe a week away, but rarely beyond a month. I've been there and it isn't pretty.

Went from $50 to over $2000 saved up over the past several months. Hoping to have it at $2500 by the end of summer.

>> No.18670250

Bc materialism and encouragement to not save

>> No.18670268

>>18669381
mindless consumerism is not living, it's coping

>> No.18670277

>>18670250
Lol, sure after you account for the fucking rampant white collar crime

>> No.18670306

>>18669371
most people dont plan ahead and live in the moment

>> No.18670338

>>18670306
justgirlthings.jpg

>> No.18670341

>>18669371
because capitalism is designed to keep everyone down.

>> No.18670375
File: 168 KB, 792x687, 1586146851115.png [View same] [iqdb] [saucenao] [google]
18670375

>>18670268
>>18670168
>>18670149
Consuming is good. Not everyone wants to be an ascetic cuck.

>> No.18670447

>>18669371
Partially over inflated shit, partially bad financial literacy.

>> No.18670472

>>18670375
So according to you, not buying a bunch of shit you don't need is being an ascetic cuck. And exposing people to ads everywhere 24/7 until they turn into drooling retards is good.

>> No.18670575

>>18669558
i think this is going to be the case with central bank digital currencies... name one person under 40 who has a positive opinion of banks or who wanted to be a banker growing up.
with mortgages and personal loan defaults banks are going to be hit hard... i think they'll fold up retail banking and focus on business banking.

>> No.18670583

>>18669371
Because people spending all their money to buy as much shit as possible os how the economy grows

>> No.18670613

>>18670341
It's actually the opposite. Capitalism is the only system that brings everyone up, of only we were allowed to have it. What we have today, and what we've had for a long time now is NOT capitalism, it's crony capitalism and borderline socialism. We have no free market and no price discovery mechanism.