Thread 60956030

Everything costs at least 50% more than it did in 2019 and wages are flat, the news is full of bankruptcies and store closures because no one has disposable income anymore, and 80% of the people in the country are priced out of the housing market.

Boomers own their homes. Gen z is priced out of home ownership unless you make like top 10% income.

>>60956030 (OP)
gen z will eventually inherit their homes from the boomers

>>60956040
1. Gen Z's parents are Gen X

2. Boomers will reverse mortgage their homes to pay for their river boat casino trips

>>60956049
>2. Boomers will reverse mortgage their homes to pay for their river boat casino trips
This. My parents go on 3-6 luxury trips a year. I make good money as an accountant but my job will be displaced by ai soon. Everyone not already in the top 5% is fucked now.

>>60956056
AI does nothing really. only coders are replaced.

>>60956049
na most Gen X had millenials Gen Z was made by early millenials

>>60956030 (OP)
trump is crashing the economy with no survivors while making billions off crypto you really can't imagine a funnier timeline. USA is absolutely gigafucked. I never thought I'd live to witness the fall of an empire but here we are.

>>60956087
Gen X absolutely has the most gen Z kids. I've never met a gen Z that had millennial parents.

That's why he's devaluing USD.

>>60956114
There’s something very funny about the fact that the winner of the Cold War was neither of the nations that were actually fighting it, it seems currently

>>60956049
Gen Z parents are millennials.

>>60956087
You sound like you're living under a rock with that low IQ cope.

>>60956040
Gen X will inherit from boomers. By the time Gen Z inherits anything it's going to be like 2050-2060, we're a few generations away.

>>60956056
>accountant but my job will be displaced by ai soon
considering that Grok can't even do basic adding and dividing, i wouldn't worry about it

>>60956030 (OP)
They want to inflate the debt away.

>>60956333
I’ve literally used gpt for setting up a 1099 LLC S corp and I know more than some of the accountants I’m talking to. Yes, they make mistakes. But all you do is double check the info to confirm and then correct the stupid LLM. I give it 6 months max til accountants are completely irrelevant.

>>60956056
top 5% by length or girth?

>>60956333
>>60956347
> considering that Grok can't even do basic adding and dividing, i wouldn't worry about it
Who are the FUCKS on biz that keep saying ai wont their jobs lmao
ai WILL take most jobs

>>60956432
It won't, it's garbage that hallucinates, that needs careful prompting for even basic tasks and that is a century or more away from manifesting anything physically

Get ai to make you a coffee. Get it to flush your toilet. Get it to do anything except speed up word processing (sometimes).

I'll wait.

>>60956435
it would be pretty easy to code all of that with AI. Just ask it what needs to be purchased and what are the steps.

>>60956441
Okay do anything at all with ai and report back when it's doing more than adding em dashes to your emails.

>>60956030 (OP)
It's not just America bro. Exactly the same here in Britain word for word. Economy is kill. They built back better.

>>60956347
"1099 LLC S Corp" is a word salad combining disparate tax terms. If this isn't a larp, enjoy getting raped by the IRS, retard. Anyone that has taken a single accounting class is laughing at you.
>t. CPA making $450k/year exploiting pajeets, the actual disruptor in accounting

>>60956435
> Get ai to make you a coffee. Get it to flush your toilet.
Soon. Some espresso machines are fully automated

>>60956135

It's kinda like how the British empire collapsed with ww1, even though they won the war. Conflicts are just costly lmao

>>60956470
You'll be saying soon until the grave, it's the flying cars of our generation

>>60956467
This guy will the first to go once the next gen ai come out
>>60956482
Nope

>>60956040
Lol not if the boomers can help it. They want their children to suffer in the name of making it on their own.

>>60956475
Conflicts are designed that way by the banking families.

>>60956506
>Nope

Okay but ai still can't do anything and you didn't manage to prove otherwise

>>60956441
My 57 yo neighbor said he was fired from his coding job. His excuse is that he was replaced by AI. I got to know this neighbor, and came to the conclusion that he was fired for being a stubborn loser who blames everyone else for his problems.

The accountants are always coping in every ai thread

>>60956528
>Moves goalposts

What amazes me is Americans are still clinging to the idea that Trump and thus them had "won" and that the libs are owned. It still hasn't dawned on them that they lost everything and only Trump and his oligarchs won.

>>60956558
The Left will strike back

>>60956347
ChatGPT can make some very stupid mistakes.

>>60956558
That's just what the TV says

>>60956561
On the next episode of Jew political theatre

>>60956475
>It's kinda like how the British empire collapsed with ww1
Which is funny because that is the exact opposite outcome that Cecil Rhodes and his buddies wanted when they began the process of starting that war.

https://www.youtube.com/watch?v=_8xxVplUHL8

>>60956040
no, vanguard and blackrock will

>>60956030 (OP)
I'm literally working for nothing.
The fuking money inflates faster than I can earn it. I spend my entire life working for money that is fucking worthless.

>>60956577
>>60956558
should I just all in my money into learning some hard skills + second language and Nopeing the fuck out of the US? Or should I just keep saving and hope this shit blows over?

>>60956114
serious question, what should i put money into to keep it safe? gold and silver? s&p 500? bitcoin?

>>60956561
The left already struck back, that was the whole "Dark Brandon" thing. Now they got nothing.

>>60956040
Wait til you learn about reverse mortgages.

>>60956517
We have a winner
They'll try to hit the undo button on mass immigration soon because the complex systems elites rely on need maintenance and ai ain't it
Which means there's going to be another meaningless culling war in the west

>>60956087
AI only has to be "good enough" to reduce workforce. Anyone who thinks current LLMs will shoah all jobs is delusional, but you have stuff like Microsoft Fabric and it mostly shuffles around data in a mostly correct fashion with some fixups and all of a sudden the data science cucks are jobless.

>>60957189
>hope this shit blows over?
you do know what happened the last time with hyperinflation right, and the last time, and the last time...

>>60957193
Nothing is safe but S&P500 will likely keep going up as long as the 401k retirement ponzi keeps going.
The biggest problem with gold and silver is security. Where you gonna keep it? If you're buying gold backed securities, what will you do when the gold isn't actually there? Gold is kind of a meme. Bitcoin is sort of on that edge where any major technical upset in cryptography could totally destroy it in one shot. Quantum computing is kind of a meme, but if they ever get enough qbits and some gumption, they could completely buck break it.

>>60957210
please remind me

>>60956030 (OP)
Funny part is that the Japanese Yen is even fucking worse! hahaha
Thank fuck I make dollars mostly now.

>>60956132
Millennials' kids are called Gen Alpha. I guess the alphabet resets since millennials themselves should be "Gen Y" but the year 2000 came along.

>>60957204
They can't undo mass immigration even if they wanted do. First of all they don't have the balls. Secondly it can't be undone, these people are not leaving voluntarily and the native population has been so mindfucked that they would oppose undoing it anyways.
The entire reason the battle over mass migration was so vicious to begin with is because everyone knew what the stakes were and that this would be a permanent transformation of society.

>>60957274
resets back to a because zoomers are gen z.

>>60957288
I'm not saying they're getting deported, I'm saying there's going to be heinous mass cullings so that the ones that make it through will be 'glad where they are' and start to form smaller homogeneous cultural groups and laying the groundwork for new high trust societies.
Just be wary of the propaganda is all I'm saying

>>60956524
hi jeet

>>60957288
we just 30x the ice budget. it will take more than one term to accomplish, however it will be pointless if he doesnt reverse the jeetification of the labor force wIth endless unrestricted h1b visas

>>60957510
It's not a resource issue, it's an ideological issue.
They've spent the last 60 years demolishing consensus regarding the racial conception of the state and replaced it with vapor. There's no way to decide who stays and who goes because no one really even knows what it means to be a citizen of these states anymore.

>>60956475
the british only "won" because they got the americans in, same as it ever was

>>60957189
Where will you nope out to? The rest of the world is fucked if something happens to the US

>>60956030 (OP)
Every generation has winners and losers.
You do not play the game very well.
Get your money up.
Not my problem.

>>60957107
>The fuking money inflates faster than I can earn it. I spend my entire life working for money that is fucking worthless.
why are you working? simply own 4 million dollars, put them into a 4% savings account and you get 150k a year for doing nothing

>>60958088
you're a robot repeating posts you saw someone else write

>>60958119
I wrote that post too
btw if you're willing to cut down expenses and live on measly 100 thousand dollars per year, you can do that with just 2.5 million dollars

>>60956114
Tbf there are multiple empires falling in a century. USSR fell just in 1991.

>>60956132
I know of a handful, but only because they had kids extremely early.

>>60957550
Sure would be weird if war and unification had done the same to other countries and they had just said, "Everyone who was in the country a week ago gets in this is a one-time deal," or something.

I have bought every single dip the past 6 months including the april dip. Whats going to happen now. Am I going to make bank?

>>60956040
Imagine actually thinking this.

>>60956087
>AI does nothing really. only coders are replaced.
even coding still requires a technical person willing to wrangle the AI.

Go make an app with clerk user management, a form or two, stripe payment (arbitrary button), deployed to wherever.

You'll still be wrangling Claude Code for hours. guarantee it. and that's for a greenfield project which AI is best for.

>>60956030 (OP)
How are his cultists going to spin this?

>>60956056
>Everyone not already in the top 5% is fucked now
Wife and I make about 375k and own a small business that peaked at 1.4m a year, I wouldn't say we aren't fucked either desu, everything is going to shit thanks to our ZOG and Fed

>>60956132
>I've never met a gen Z that had millennial parents.
I'm an 86 millennial and my 2 oldest are Gen z just barely, other 4 are alphas

My gen Zs are shit for brains, God bless their hearts, BUT they hate the Jews like you wouldn't believe before I had my chance to teach them

>>60958428
>have bought every single dip the past 6 months including the april dip. Whats going to happen now. Am I going to make bank?
No because we are going into stagflation where no gains happen for 10 years minimum

Thanks for playing!

>>60958574
How can this be the board consensus but people here still don't think Trump won't get slaughtered in the midterms? This is the revenge of "it's the economy, stupid"

>>60956470
They dont restock themselves anon. AI will reduce jobs workload, not eleminate all jobs.

>>60956467

I want in on the pajeet exploitation.

>>60956030 (OP)
This is what happens when the people of the United States elect an unqualified felon to be President. Suffer, America.

>>60958590
Because the Democrats have been stunlocked since the presidential election and won't even be ready for the midterms unless they get their shit together fast.

>>60956136
Our kids are Alpha

>>60958691
The problem trump acolytes have failed to notice is that since WW2 Americans never vote FOR something they always vote AGAINST something. Both parties use to know do nothing win was a viable strategy.

>>60958701

Low-turnout elections have started to benefit D's more than R's actually, R's need something to get out and vote for while D's have a consistent political machine that offers a higher baseline. But the R platform is still generally more palatable. It truly is basically populism vs the institutional machine. The institution got too self confident and can't figure out why it lost moderates, however.

>>60958574
I have been hearing that for the last 12 months now but the stock market is keep going up.

>>60958949
>the stock market is keep going up
that's the first stage of the "flation" part of "stagflation"

>>60956030 (OP)
my wage increased by rougly 40% since 2019 while my expenses stayed pretty much the same (frugal life style). everyone whining about muh inflation can suck my dick I dont fucking care lol

>>60958088
>>60958130
Does this get taxed like income (that's fine btw)

>>60959000
yes, same as wages, when wagies say "I make 150k" they never mean "I make 150k pre tax"

>>60958621
Pretty easy to do. Start your own firm/book of business (or take a loan to buy from some retiring boomer) and then use one of the many outsourcing companies that connects you with a team of pajeets to do the work for 20-30% of the cost of US workers.
AI = Actually India

>>60958949
K-shaped economy. One for the haves, one for the have nots.
You know its going to be bad when every single news anchor and youtube economist is saying rate cuts will create a huge wealth gap.

>>60959022
And when they say 6 figures, they mean 100k exactly pre-tax. lmao

>>60956030 (OP)
>noticing things

Oy vey, just cool it with those anti semetic waves man
The gobernment says inflation is a mere %2
Go take the daily state mandated vax and go back to watching the latest blue pill whatever on television

The adults saved the country from complete economic disaster and created the greatest economic recovery our country has ever seen. Now the moment Drumph gets in, its immediately on fire again and inflation is out of control. Tariffs are absolutely crushing people and business are closing en masse.

>>60959432
Tbh, I am happy about this. The rich will get richer.

>>60958984
I'm so frugal that I save 70% of my net income and I live with my parents at the age of 35 and own a beater car even though I make over 90k in a non-US country which is a ton of money. I cook my own food and I sew my clothes and glue my shoes instead of buying new ones. Yet, even I can tell everything is much more expensive than before, so fuck off.
>>60959411
At this point inflation measurement should just be the increase in the price of gold in a given year, which is what, 40% over the last year? Makes fucking sense if you ask me.

>>60959440
Why do you need to glue your own shoes? Youre not “frugal” or “smart” for that. Just buy new shoes.

>>60959459
I will not buy new shoes just because the sole got loose a bit. I know I knowww, it's just that I'm not gonna buy it.

>>60959036
>Start your own firm/book of business (or take a loan to buy from some retiring boomer)
what are some businesses worth buying?
for SMB, I recently watched a youtube video of a guy that bought a self service car wash for ~$400k + 80k renovation.

>>60956030 (OP)
MAGA is a Latinx movement, and with that comes Latinx fiscal and monetary policy, which is usually delusional and bad.

>>60956040
Nobody is buying McMansions in the middle of nowhere with no jobs.

>>60959564
The rich get richer

>>60956087
>Gen Z was made by early millenials

Millennials raise dogs, not kids.

>>60959489
I'm referring to accounting firms specifically (my first post). But I know other white collar professions are outsourcing to jeets as well. Can't help you with jobs that require a physical presence though, unless youre in Canada that is kek.

>>60956087
You’re fucking dumb.

>>60956467
>>60956347

>"1099 LLC S Corp" is a word salad combining disparate tax terms.
Correct.
Nice pajeet "AI" you got there.

>>60958744
>but the R platform is still generally more palatable
Until you present D platform policies without putting a D next to them. Even putting that aside, statistically there are more D voters than R voters in the country, they just hold fewer districts/states due to population density.

>>60959564
kek

>>60956030 (OP)
here's the solution to the housing crisis, would fix it overnight
>50% federal property tax on all residential buildings
>property is exempt if a. the owner owns two or fewer properties total or b. occupies it personally for at least 1/4 of a given year (including a single unit for multi-tenant properties)
it would cause an immediate dump of properties owned by companies that only exist to make life more expensive for their "customers", and would have the secondary effect of forcing slumlords to live in their own slums which is a sizable incentive to make them less shitty
I have no problem with landlords, but they should be individuals that you can talk to face to face, not soulless corporations that see you as just another lemon to squeeze
also the default 2 exempt means normal people can own a vacation home or secondary rental property without getting screwed

>>60956475
British people didn’t win the war, Jews won. British were just the golems of Jews

>>60957288
It can be done, just requires extreme violence. Just war against the migrants and those who also defend the migrants

>>60963038
You can't even correctly identify which landlords are slumlords, so we can basically ignore every other policy suggestion you're making.

>>60963103
are you ESL or just a blackstone employee?

>>60956030 (OP)
but how is this possible? line is going up! also we imported so much cheap labor that all of us should be making crazy high salaries because more immigration means line goes up even more. how did it come to this? explain like i'm a 50 year old normie who watches tv.

>>60959440
>inflation measurement
Yeah something. All I know is that h
the price many daily essentials has increased by 200% to 400%
Seems like inflation is more like 400%

(You) have all gone full extreme opinion retard mode. This is the answer for all problems (real or perceived). Stop being retarded, (You) literally can't.

>>60963171
Slumlords are generally the small mom&pop landlords; not the big corporate ones. They're not liquid enough to do maintenance, and are generally bad at running a business and try to nickel and dime you over the dumbest little things.

You usually pay a premium with corporate landlords, but the grounds get maintained, you can put in a service request through an online portal, and it will often get done in a week and you don't pay an additional cent. Breaking the lease is in the contract, and merely honoring the contract to the letter is better than what you get from small, non-corporate landlords.

>>60963225
>Implying corporate landlords don't stack the lease agreements against renters.
>Implying corporate landlords employ enough quality maintenance persons to get to you within a week.
>Implying corporate landlords aren't going to charge far over market rate for a shoebox because nobody actually wants to compete with each other via pricing since they don't have to.
>Implying corporate landlords don't build extremely cheap buildings with paper thin walls.
>Implying corporate landlords honor contracts unless compelled to.
I don't think you are from the United States, in fact you can't be.

>>60963225
I didn't intend to imply otherwise in my post, and obviously the details need tweaking, but the basic principle is balancing the ability of people to own their homes while still having access to rentals if they're only living somewhere for a few years
I suppose if an individual owns just one house and manages an apartment complex they'd fall under the exemption, so maybe not including part a for multi-unit properties would help fix that
the main issue is big corporations being able to camp on a gigantic portfolio of single-family homes, charging far more in rent than what the mortgage would be in a sane market, and leaving people that want to own with few to no opportunities by outcompeting them with cash offers
there are also plenty of areas where one company has an effective monopoly on all housing, so they can basically just do whatever they want
on our current trajectory, there is absolutely nothing preventing every single home in the country from becoming a corporate owned rental

>>60963266
American. I had infinitely more problems with a small landlord than with a corporate one. The Orwell quote rang very true.

It's like AirBnBs vs hotels today. There are so many nuisances and instances of nickel-and-diming you that you have to deal with if you get an AirBnB, vs just getting a hotel where they're nonissues and you're probably closer to where you wanted to be anyway.

>>60956087
>na most Gen X had millenials

"50 year olds birthed 38 year olds when they were 12."

How do you even function every day

>>60963302
They all suck you fucking retard. Theyre trying to get someone else to give them enough money to cover property taxes and initial investment- that's always ALWAYS gonna lead to shitty accomodations.

>>60956210
2050 is one generation away retard

>>60956040
My parents are dedicated to burning through every penny they have. My mom just bought another Mercedes (for the winter, of course) and my dad got sued for 100K by his "friend" who fell off our front porch. They've spent more this year than I've made in my entire life.

>>60956030 (OP)
>Everything costs at least 50% more
50% more? Thats almost 6% of inflation!!!
I keep making that joke. Does it land, or is it stale?

> the news is full of
bullshit
> no one has disposable income anymore
people do. Just not your community.
This isnt a collapse its a transition; plantation style economy.
That sounds like a 'crazy conspiracy theory'. It is impossible to give answers that dont sound that way. I could give socially acceptable 'official' answers; are we ready to admit those are lies yet?
> and 80% of the people in the country are priced out of the housing market.
80 seems high. It is a lot, I dont think its 80.

Anyways, sounds like your complaining. Did you have something real you wanted to discuss, or is this just a big sad & you need support?
Im sorry bro, you are good, and that thing you dont like is bad.

>>60956040
ah no they wont. Dont be naive.

>>60956056
> Everyone not already in the top 5% is fucked now.
Move up or move down. Weve been saying this for years, but I guess the issue is finally going mainstream?

>>60956135
Isnt that how most wars end?

>>60963058
The rich will always defend migrants as long as the migrants arent in their neighborhoods.

>>60958618
Your argument is so stupid. Ai will replace many jobs. And jobs that it cannot replace, those jobs will change so ai can replace it. Get it?

>>60956030 (OP)
I noticed during the dolphins bills game last night that the bread and circuses meme is in overdrive right now. Casually flaunting "everything is so expensive; rent, groceries, gas... so we're giving you mcslop deals for 9.99. A bargain!"
The same went for new car sales, 0$ down 0$ payment first 3 months, just please say you'll buy a car...
Even the circus was boring. We're extremely close it feels to something .ajor shifting which is being driven under the rug or ignores even worse than what we thought would happen in 2022 or what covid/stimmies staved off in the 2019 repo debacle. Heads in the sand?? Idk but I'm holding gold silver and bitcoin like my future depends on it (because it does)

>>60963483
You know its bad when mainstream media is saying “the rich will get richer.”

>>60963483
This is why pro sports can and should fuck off and die in a fire

Number goes up!

>>60956558
Who do you think won in 2020 and was running the country the last 4 years?

>>60958574
>stagflation
>no gains
Inflation by itself will increase prices of your investments. See pic related: the "bull" market of the last several years was fueled by nothing but inflation- not by good economy.

>>60956040
boomers on their death bed did not birth zoomers retard

>>60956087
>AI does nothing really. only coders are replaced.

>>60963943
he literally did nothing and left in place a bunch of stuff that trump had already set in motion so yeah he was just as bad but he wasnt the one to start it

>>60956030 (OP)
They really should have just let the bioweapon run its course. At least the boomers they "saved" got to live for another 5 years.

>>60956030 (OP)
Golden gods won

>>60963943
It was largely the fallout of Trump's COVID era financial policies running their course.

>>60958618
>FigureAi, Apptronik, Boston Dynamic

Sweet summer child.

>>60956030 (OP)
It's okay because the stock market won't crash now the fed is cutting interest rates the value of the USD is going to plummet even further so asset prices will continue to rise

Stay out of cash you tards. Also you should be debtmaxxing.

>>60966532
>you should be debtmaxxing.
nah

>>60956114
Truly (((God's))) chosen

>>60965997
Those are all fake and gay btw, it'll be some random Chinese company that gets 'bots in every home while Boston Dynamic keeps making youtube videos

>>60956333
>>60956347
>>60956467
If you're smart enough to run your own business/contractor you're probably smart enough to do your own taxes. AI is good at two things, helping you find the right documents and reading.

>>60956347
>1099 LLC S corp
none of this makes sense. the IRS is going to rape your ass come tax season. are you at least doing regular payroll with the necessary payroll withholding? if not you're in for a world of shit.

>>60968333
>If you're smart enough to run your own business/contractor you're probably smart enough to do your own taxes
no, this absolutely is not true. there's a reason why most business entities go to a CPA. even fortune 500 companies are trending toward outsourcing large areas of their tax department to big 4 firms.

>>60956056
Then become luxury trip Manager.

>>60956030 (OP)
>>60956040
How can we resolve the home issues? Boomers literally do NOT need to sell their home because they receive an huge amount of money from their retirement, and country like frances are also taxed like crazy and indebting themselves like crazy for the same retirement they're touching, should we just delete their retirement money entirely so these fucks need to sell their homes?

>>60963337
Stop moving goalposts, retard.

>redditors still truly believes the democrats is about putting Americans first and the uniparty is a hoax

these idiots probably still donating to bernie newest beach house thinking he can still win

>>60956030 (OP)
Gee thanks Trumbummer

>>60968396
What exactly is the home issue? You not having one?

>>60968373
Explain?
>>60968396
> these fucks need to sell their homes?
These fucks own their own homes and are worth millions while you work for slave wages, zoomer.

>>60956040
boomers will sell it and spend every single dime on themselves because they hate their children

>>60968396
I dont notice a home issue. I notice a brokie issue. We should 50% of people in the bottom 70% every 10 years.

you're all as retarded as the people before you, and it is truly awful that i have to suffer the consequences of your constant delusions and insane choices and fighting.

>>60965070
>Doesn't matter who was in office, I am blaming Trump because i want to

Just be honest with yourself shitlib