capitalism
capitalism
Out of context: Reply #500
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- grafician-4
Think the World economy must drop the US because the amount of financial stupidity and negligence going on right now in the States will drop on us like that asteroid dropped on the dinosaurs...the fallout from another full market crash will put us back 20-30 years at least!
And with coronavirus going on up until the 2022 at least, we will be doomed for real this time
WW3 will be an economic one...
- Bro, do you even know capitalism? :)
“World economy must drop the US...” what? World system without the US would be fucked.NBQ00 - That's what I'm saying unfortunately...
Dropping the $ would be WW3 on an economics levelgrafician - couldn't we just wait 20-30 years till all the owners of that debt die out and start a new balance sheet meanwhile?uan
- Pull everything and buy real assets fast, until the $ value goes to shit. Printing trillions unbacked by real assets & giving it to the rich without helping...grafician
- ...the real economy is madness and can't be sustained much further...bro!grafician
- instead of starting war about some numbers?uan
- @uan mate there was a time when the $ was backed by gold - then the US said "no more" and starting printing "fake" money and here we are...grafician
- and no, debt is inherited through generations, basically all the trillions printed now are backed by "future generation's work's worth"grafician
- btw billionaires like Gates or Bezos don't really own billions (expect the real assets they own), they own in part debt. The entire system is based on debt now.grafician
- it was maybe necessary to make us grow, but we have enough knowhow about economy now to implement a better solution.uan
- the problem might be, there is no 'we'. or at least I don't see one atm.uan
- except* their real assets...Anyway we just pass along debt now, the system is built on debt now, not real money/value.grafician
- There is no "We the people" no more, correct. There are only central banks that control currency and so forth debt. It's all a big "I O U" system now...grafician
- and no, you can't really reset the system either, as it will crash! Only solution would be to freeze it somehow and build more real assets to cover the debt...grafician
- ...but that will take generations, think billions of ppl to work nonstop to cover the debts of past generations, for decades! Unreal...grafician
- we need a 'we the humans'. make lives worth living. let us (as in gov) pay us for living. and make an economy that grows without destroying the planet.uan
- and ikr, it's just some late sunday hippy yoga idea. as a designer looking at the economy, trying to put it all together in order, it's what I would suggestuan
- Capitalism is a system that promises infinite growth based on real life finite assets. Unsustainable. The planet is already sold.grafician
- We literally use all the resources the planet can offer in a year, in 2-3 months! The rest of the year is actually living on borrowed time.grafician
- We actually need to just hold on long enough until we build a post-scarcity society where all the needs are met. Not in our life times unfortunately...grafician
- Here you go: Michael Venuto
@michael_venuto
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6h
The Bank of Japan owns nearly 80% of all ETF assets in the country.grafician - We actually work in the society just to pay the interest on future debt. We don't own shit.grafician
- And the financial system is so convoluted to intentionally keep the regular folk in the dark so they don't get the big picture.grafician
- you got a house, food, cloth, electricity, phones, internet...even if you don't own shit. that's not scarcity no more.uan
- While the ppl that actually get it and go ranting about it seem like mad men to regular folk. The truth just hurts, "eat the rich" won't be a joke for too longgrafician
- and that's why my friends, we can't have nice thingsgrafician
- @uan mate, you have those now, but on the expense of somebody somewhere else that doesn't have those things! This is thehard truth, but enjoy it while it lastsgrafician
- we will only know peace when having zero or having enough are equal, that's the real hard bottom line.grafician
- I suppose Romania is bustling enough to keep it going without the USmonospaced
- @mono nope, we don't even qualify anymore for the Euro zone, politics, economics...But happy you got a new house man!grafician
- @mono btw, come here for a weekend, we have the same beers for cheaper, faster internet for cheaper, all that, bring your mask tho'!grafician
- @mono I'd be happy to discuss economics with you, Bucharest is basically Berlin or Paris, but way cheaper, because money and debt and capitalism.grafician
- @mono btw you can get a cheap flight from NYC to Paris to Bucharest for like 2k to do a corona test that costs 50$ here, way under $18k cost in NYC lolgrafician
- @mono tell all your friends, cheap coronavirus tests in Bucharest, no need for bankruptcy in the States if you're not covered by insurance...grafician
- didn't the Romanian gov sell its territory to NATO to place land-based ballistic missiles?uan
- @uan we didn't "sold" anything, we are part of NATO, EU country and all that lolgrafician
- so you didn't get any money for this?uan
- @uan we actually bought more second hand F16s from Portugal I think, but some of our corrupt officials still have Swiss bank accounts, care to elaborate on thatgrafician
- @uan we put most of them in jail, but you know the money they stole still sitting in Swiss bank accounts paying interest for you guys, funding your lifestyle...grafician
- ...but what can we do, it's all capitalism right?grafician
- Just so you know, the Swiss only export banking and maybe chocolate and tourism? If the final balance comes, you guys are left with absolutely nothing lolgrafician
- Just don't get mad at me, I'm only saying it like it is, the Swiss are not even part of EU, you only have better trade deals than the fuckers in the UK lolgrafician
- bit weird you end up in Nationalism...ok I triggered it, but still! I‘m willing to discuss Switzerland with you, but not in sidenotes!uan
- A corona test is free in the US. You’re getting ripped off.monospaced
- And the US is cheaper than Paris for most crap now I hear the euro is so damn weak.monospaced
- Finally. That rare for a flight to Romania is robbery. It’s about 4x overpriced.monospaced
- on the flip side graf to the US monetary policy is other nations that can and do take advantage of it. if the us doesnt do it you have the upcoming chinadeathboy
- who can be your controller. its all kind of funny and i hate the us monetary policy from one perspective but also see good guys finish lastdeathboy
- @mono if the corona test would be free in the US then how come ppl getting bills over $18k for a test? Might be free for you if you have insurance but it's notgrafician
- Bro, do you even know capitalism? :)