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/biz/ - Business & Finance


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56740754 No.56740754 [Reply] [Original]

How are people even surviving this is insane

>> No.56740773

>lives on the richest country on Earth
>waaaaah waaaaah I cant le survive
Whining first world cucks makes me angry

>> No.56740788

hell, just having enough for myself and my girlfriend is hard enough. we're DEFINITELY not having kids. we're going to get a dog and accept our extinction without committing any violent acts

>> No.56740800
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56740800

>>56740773
At least your country has the same prices as 20 years ago so you can experience the same quality of life as your parents

>> No.56740910
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56740910

>>56740788
DUDE i just LOVE the hustle and bustle of the big city it’s so DYNAMIC and makes me feel like i’m in one of my favourite TV SHOWS. you should totally come on down to my studio apartment, it’s got EXPOSED RED BRICK walls and everything, we can crack open a nice hoppy ipa or three and get crazy watching some cartoons on adult swim! and dude, dude, DUDE, we have GOTTA go down to the barcade- listen here, right, it’s a BAR where us ADULTS who do ADULTING can go DRINK. BUT!!!! it’s also an ARCADE like when we were kids, so we can play awesome VIDEO GAMES, without dumb kids bothering us. speaking of which megan and i have finally decided to tie the knot- literally -we’re both getting snipped tomorrow at the hospital, that way we can save money to spent more on ourselves and our FURBABIES. i’m fieckin JACKED man, i’m gonna SLAM this craft beer and pop open another one!!

>> No.56740937

>>56740800
No country has the same prices as 20 years ago, it's built into the jew system so people can't stash their fortune in a matress and slowly take it out year on year without losing most of it due to inflation. You think you doubled your money over a few years investing in boomer stocks, well try adjusting for inflation and you might have just broke even.

>> No.56740963

>>56740754
Most people are married with kids and have jobs or side businesses. They have tax benefits and double income. 20-30 years there were a lot more stay at home moms. It's pretty fucked if you're single nowadays.

>> No.56740987

This won’t be sustainable long term when I have a family and need more space, but not having/needing a car is huge. Saves me nearly $1000/mo I can dedicate to my savings/investments instead

>> No.56740992
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56740992

>>56740754

>> No.56741021

>>56740800
No it doesnt you stupid nigger

>> No.56741033

>>56740773
I want to kill you for being so fucking retarded
How do you suck this much dick at basic econ? Stupid nigger monkey bitch jew

>> No.56741152

>>56740754
Fix the jew problem. Remove them from all societal influence. Ban them from holding political and corporate leadership positions.

>> No.56741153

>>56741033
Tell me what lies did I said niggerfaggot you live in the richest country on Earth and yet you bitch an moan like you were an slum dweller, Im more than feed up with your fucking cry because you fags thinks everything is so hard for you despite living in a pampered comfort bubble
>waaaaaaah waaaaaaaaah im jobless I will only get free halthcare and an assitance check every month waaaaaaaaah its over why am I so poor I only make 50k a year wahhhh
bitch I make 4k a year and im well off in my country so shut the fuck up you jew puppet cunt you dont know what deprivation is

>> No.56741188
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56741188

I just need to hustle until I have about $1m in dividend stocks. Then they will be inflation-proof source of my survival. Anyone else have this thought?

>> No.56741209

>>56740773
the richest country on earth is Monaco not USA.

>> No.56741216

>>56741209
you perfectly know what im talking about you fuck

>> No.56741290

>>56741153
Richest country in the world doesn't mean it's functional, you dumb bitch. The wealth gets siphoned to the top. Now to school you, faggot:
Do some basic pre algebra and you'll see how bad things are getting on the macro. Here's an example.
1970 median home was $24.3k and median household income was $8730. Median sqft was ~1.5k. 24.3k/1.5k=$16.2 per sqft.
2023 median home is 440.3k with a median household income of $70784. Median sqft is ~2k. 440.3k/2k=$220.15 per sqft. 220.15/16.2= 13.6. $8730*13.6=$118,728 aka that's how much the household income needs to be to have a 1:1 equivalent buying power to buyers from 1970 (in the context of purching power for a home specifically not factoring in other expenses i.e. healthcare, etc.). Current household income is $70784 as stated above. To put this into better perspective, this means median househole income would have to rise by 1.68x to have the same exact buying power. The median household income has to be $118,728 to have the same 1:1 buying power as those from 1970.

Also it gets even worse when you consider the average amount of incomes per household used to be one. Now it's 2 so really that 1.68x is closer to 3.36x increase in yearly salary needed across the board to match the same buying power and that's just measuring real estate. Other things have outpaced it.
In other words America has BEEN dying. RETARD

>> No.56741301

>>56741153
part 2
What's even worse too is how barrier to entries have gotten much higher. For instance now you need a degree for the same jobs that didn't need one before. Most likely what happened is demand (jobs) hasn't kept up with supply (job seekers) which creates a bottleneck (fiercer competition for the available spot). When supply outpaces demand, you devalue the asset (you). The other issue is simply how real estate trades. Real estate trades in a way that outperforms income which is what basically creates most of the problems in a society. For instance the harder it is to survive, the more likely you are to work which further increases the supply of workers. This is what makes an employer's market (where employers have the leverage aka dystopian societies). Before, all you needed was a firm handshake. Now you need degrees, internships, cover letters, and be a brown noser during interviews. 62% of entry level jobs also require 2-3 yrs experience now. Merciless market. The number one thing I blame is the real estate market though as it has a DIRECT effect on the supply of workers. The easier it is to meet cost of living expenses, the less people in the job market which means the more leverage the masses have and the less leverage employers have. In other words the only job markets that work are Employee's markets. What you really want in a society is income outpacing real estate infinitum. So really the only way to do that is for real estate to trade in a downtrend.

Also job market aside, real estate outpacing income also increases poverty rates, homelessness rates, drug addiction rates, crime rates, divorce rates, mental health illness rates, etc. It ALL links back to cost of living. This turmoil is also what even creates most of the need for social programs. In other words if the real estate market were fixed, you'd even have less of a need for taxes that fund these programs meaning more disposable income (which can be used for say investing).
RETARD

>> No.56741382

>>56741290
>>56741301
I didnt read shit, learn how to express and idea in less than 4 lines you nerd

>> No.56741430

>>56741290
Absolutely correct. I would like to see the median cost of education needed for higher income jobs, medical expenses, and automobiles included in the increased cost of living budget. You will quickly see it is even worse than you’re describing in America right now.

Nearly every beer when you go out is $7-$9 bucks. Going out to eat with 2 beers each with tip is $100. You can’t even go out anymore without spending $50-$100. Kill me. I’ve given up. The only way to win is not to play. A strange game.

>> No.56741539
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56741539

>cpi
kek. Owner Equivalent Rent: They poll boomers(who are not involved in real estate or the rental market in any way) and ask them to guess how much they'd pay to rent their homes. Yes, that's LITERALLY how housing "inflation" is measured in CPI.
Hedonic Value Adjustment: "oh, beef has doubled in price? Well the fucking peasants can eat beans, and beans are cheaper than beef was last year, oh no! deflation! better run the printers double time!"

Actual inflation has been 400-500% since 2000. Never forget that the mcdouble was a dollar menu item.

>> No.56741561
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56741561

>>56741152
Easier solution: stop using their slavetokens

>> No.56741564

>>56741153
>the eternal thirdie crabmind
No wonder your countries are shit

>> No.56741720

>>56740788
idk how people can afford kids desu. i swear their grandparents must be bleeding to keep them afloat.

>> No.56741739

>>56741382
I got you. Basically tl;dr kys

>> No.56741779
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56741779

>>56740773

>> No.56741801
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56741801

>>56741153

>> No.56741806

>>56740773
that's why it's so depressing you dumb brown faggot. watching it all go to shit.

>> No.56741814

>>56740754
50k gold in 2000 is worth 100k in 2023
What seems to be the problem here OP?

>> No.56741817
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56741817

>>56741216

>> No.56741824

>>56741382
You're too brown (stupid) to focus.