Thread 215721863

>>215721863 (OP)
Firsties are spoiled retards

I contribute 8% into my 401k, 4% of which is matched by my employer, and max out a roth IRA which is only $7,000 a year. overall it ends up being only about $20,000 a year and I think im doing alright for my age

>>215722054
I have a masters in one of the most prestigious universities of brazil in a non-meme degree and I can't save a single penny despite working full time in a prestigious company

>>215721863 (OP)
i have not had savings in 2 years

>>215722098
spend less, I make 5k and can save at least 2k per month living with my family

>>215721863 (OP)
Most americans cant cover a 400 dollar emergency though

I don't think thats true, when I worked at a factory I saved 30k over the course of 8 months.

>>215721863 (OP)
i have burned most of my liquid savings to pay rent while unemployed.
im going to have to sell my car and move back in with my parents

>>215721895
>firsties.
Isn't Poland first world at this point?

>>215722362
is braapzil really that expensive? where are you spending 3000 dollars in a month?

>>215721863 (OP)
Do Brazilians and other south Americans know they have Australian aboriginal blood?

Abos are actually genetically closer to Asians then Africans.

>>215721863 (OP)
$30k a year would be considered a damn good salary here.

>>215721863 (OP)
I save less than that though.
And before someone criticizes the mighty American of just being bad with money I have-
>No streaming subscriptions
>Cook twice a week at least with fresh ingredients
>Own a fuel efficient car
>Don't have some soy hobby taking up my money
My crux is that I don't live in a big city, and so good jobs are scarce. Thus I have to either work part time for decent wage (like what I do right now) or full time for near minimum wage.
And it's not like I can just move to the city since I struggle to save up anything to do so, even if my degree may help me land a job.

>>215722390
They just go into debt and the raped productive members of society foot the bill when it gets wiped.

It's smart to be poor and stupid in clownworld.

>>215722592
>the raped productive members
these are the people going into debt and footing the bill

>>215722408
how long have you been unemployed and what was your job?

>>215722627
>software engineer
officially 1 month but i was on a partially paid med leave for about a year so i dug into my savings way sooner

I got about Jack shit in savings, spent a lot paying my mortgage and renovating my income units while unemployed. Now the rental parts of it are paying for me to live 4 free though and I've got a lot of equity money. I could probably bank 2k a month now but I'd rather invest in my biz and not pay as much taxes

>>215722408
It be like that man, we fall hard around here.

>>215722692
kys worthless blood sucking parasite

>>215722664
I also got laid off from my software dev job 4 months ago. still unemployed but I'm lazy and suck so can't even blame the bad job market

>>215722692
thank you for your service landchad

>>215722746
and clearly coming here isn't an option anymore

>>215722458
its reais not dollars

>>215722722
Should've done trades you could've actually built something real. Get those soft hands dirty!!!

>>215722437
newly first world with none of the downsides
not possible to suffer over there

>>215722945
>not possible to suffer over there
what if you're black or a woman?

I make 70k a year and 70% of my income goes to rent and taxes

i make 135k a year and 70% of my income goes to rent and taxes

>>215721863 (OP)
don't you starve to death with 30k in ameriland?

>americans complain about expensive housing
>look on zillow
>affordable houses everywhere

>>215721895
yes

>>215722995
well thank fuck I'm not then eh

>>215723095
you wouldn't starve because grocery store food isn't that expensive here, but you would be eating all your meals at home, living with a roommate in cheapest possible area, and putting all your money into rent.

Luckily that's basically entry level McDonalds income today.

>>215723133
if somehow white flight could have been avoided detroit would easily be a tier 2 city today

>>215723160
Thank god we can at least just get by as a mcwageslave.

>>215723133
1. Its in Detroit
2. That house isn't salvagable, its a tear down. You're paying for the lot minus whatever the demolition costs are, and most land in Detroit isn't even worth developing, that's why the city has turned into a grassland. Just look at it on satellite view

>>215723133
>home invasion by detroit gangbanger
>he shoots you
>it's a flesh wound, you kill him with a kitchen knife
>house collapses, paralyzing your for life
>>215723187
you could say the same of offshoring and union busting

>>215723229
>>215723187
>you could say the same of offshoring and union busting
The south was simply destined to outcompete the midwest. There's nothing that could have been done to save the rust belt's manufacturing, the only thing that could have saved the cities in it was a successful pivot to the service economy.

Maybe if we had some protectionist regime it could have slowed the decline, and Americans would have much less purchasing power as a result. But there's nothing that could have been done to convince a modern factory to open up in Michigan instead of South Carolina.

>>215723304
>The south was simply destined to outcompete the midwest. There's nothing that could have been done to save the rust belt's manufacturing, the only thing that could have saved the cities in it was a successful pivot to the service economy.
hard disagree. with tariffs and other policies we could have had factories for decades longer in the us but now its too late.
>Maybe if we had some protectionist regime it could have slowed the decline, and Americans would have much less purchasing power as a result. But there's nothing that could have been done to convince a modern factory to open up in Michigan instead of South Carolina.
i dont think this would be a problem if more companies were still investing in america

>>215722945
What about newly third world with none of the upsides???
How is Britain treating you?

>>215722437
No lol that's a meme

>>215723399
>How is Britain treating you?
I just don't see Britain anymore in a lot of the places I go to, not even in my small city

>>215723346
There's nothing any government can do to prevent cost disease in American manufacturing. A factory having to compete against the software sector for labor is going to have a hard time. Pivoting to more productive service economy sectors was simply the inevitable decision. If the only thing that keeps factories in America open is preventing foreign goods from being imported, that means our exports are very uncompetitive.

Its also not just foreign countries outcompeting the midwest, its the south. South has better access to ports, more business-friendly labor laws, and warmer weather. Once air conditioning was widespread it was going to be over for the midwest.

Protectionism could have potentially delayed manufacturing decline but it would not have stopped it, and the other effects of protectionism would have been undesirable. Protectionism would have simply made us poorer.

>>215723613
>A factory having to compete against the software sector for labor is going to have a hard time
they're not competing for the same labor, not are they manufacturing competing types of products
>Pivoting to more productive service economy sectors was simply the inevitable decision
imo there's nothing productive about the service sector. it's a last ditch attempt at making the working classes exploitable by the rich and theyve made even this obsolete
>If the only thing that keeps factories in America open is preventing foreign goods from being imported, that means our exports are very uncompetitive.
im willing to live with that if it means more numerous better paying jobs
again, that ship has sailed anyway
>Its also not just foreign countries outcompeting the midwest, its the south. South has better access to ports, more business-friendly labor laws, and warmer weather. Once air conditioning was widespread it was going to be over for the midwest.
florida among other southern states are going to get absolutely assraped by water and heat over the next decade

>>215722408
start uber driving dumbass, save the car and make money with it

>>215723095
He said saving, not making

>>215723517
>Posted from my PejePhone.

>>215723666
>they're not competing for the same labor, not are they manufacturing competing types of products
Of course they're competing for labor. People choose between studying computer science or being an engineer for manufacturing. But it goes deeper than that, people also choose between a factory worker and being an electrician who works on houses of people who are in high paying jobs in the service sector.
>imo there's nothing productive about the service sector. it's a last ditch attempt at making the working classes exploitable by the rich and theyve made even this obsolete
Of course the service sector is productive, people aren't paying them for fun.
>im willing to live with that if it means more numerous better paying jobs
Median household income is significantly higher today than it was 50 years ago, even after adjusted for inflation. People are wealthier today than they were when USA had more manufacturing jobs.
>florida among other southern states are going to get absolutely assraped by water and heat over the next decade
Manufacturing isn't really going to Florida really, it's more going to Carolinas, Georgia, Alabama, Tennessee, Texas. There is nothing that is ever going to happen that is going to reverse the trend of American manufacturing moving south.

>>215722746
>>215722664
Realistically which niche in IT has the lowest ammount of competition and chances of getting fired nowadays? I made the mistake of studying software engineering and i don't know what field to get into especially because i realized i don't enjoy programming at all

>>215723133
You do realize Detroit is like 70% black

>>215723755
>Of course they're competing for labor. People choose between studying computer science or being an engineer for manufacturing. But it goes deeper than that, people also choose between a factory worker and being an electrician who works on houses of people who are in high paying jobs in the service sector.
many of those jobs would likely have been created anyway and wages are higher is businesses are more desperate to hire
we have enough people for both. software engineers, service workers, doesnt matter - they could be more productive if they had greater power and responsibilities, and less immigrants/foreign labor to compete with
>Of course the service sector is productive, people aren't paying them for fun.
from a certain perspective that's true but to me this is just "line go up"
most service workers are severely underutilized by design
it's like the public schools - the real purpose is to keep people off the streets
> Carolinas, Georgia, Alabama, Tennessee, Texas. There is nothing that is ever going to happen that is going to reverse the trend of American manufacturing moving south.
except for continuously rising temps, hurricanes, floods, political extremist violence
on the other hand you do have a permanently disenfranchised labor force
>>215723786
cant really say in serbia but here entry level positions are essentially nonexistent because chatgpt is cheaper and easier to train

It is literally impossible to save money in Australia, even on 140k yearly (the government takes abt 52% of that)

I am living in a hotel in Japan, and it is cheaper than renting an apartment in Sydney ....

>>215723838
>many of those jobs would likely have been created anyway and wages are higher is businesses are more desperate to hire
You understand that means we would have less people working those jobs right? So its not that wages would be higher, its that less would be produced, which would effectively make all of us, the consumer, poorer. You're thinking too much like a worker when you must think of yourself as a consumer, because that is our shared interest.
>we have enough people for both. software engineers, service workers, doesnt matter - they could be more productive if they had greater power and responsibilities, and less immigrants/foreign labor to compete with
The free market is the judge of whether we have 'enough' of these people. I also don't understand your point about immigrants.
>from a certain perspective that's true but to me this is just "line go up"
The 'line' represents the very real productivity. Just because you don't understand a sector doesn't mean it doesn't have value.
>most service workers are severely underutilized by design
By design? Who is designing this? Do you believe that firms are conspiring to underutilize their service workers? Why exactly would they do that.
>except for continuously rising temps, hurricanes, floods, political extremist violence
Its pretty easy to not build in flood zones. Much of the south isn't really exposed to natural disasters, there's no natural disaster risk in metro Atlanta, Greenville, Charlotte, Huntsville, Nashville, and these are metros you're seeing manufacturing growth in. The entire south isn't Miami and New Orleans.

Its unclear to me why you think something bad happened that needed to be averted when today we have higher median income inflation adjusted than we have ever had.

>>215724159
>its not that wages would be higher,
yes they would be
>its that less would be produced, which would effectively make all of us, the consumer, poorer. You're thinking too much like a worker when you must think of yourself as a consumer, because that is our shared interest.
haha, ive heard that propaganda before you vile leech
consooming helps the ownership class vacuum up prole money
less "production" in this case means you cant get your honey soy cream latte brought out to you every time
>>215724159
>free market
never has existed. all economies are at least in part state controlled. a true "free market" would implode in about 2 secs.
>The 'line' represents the very real productivity. Just because you don't understand a sector doesn't mean it doesn't have value.
idc. long-term, i want a bigger piece of the inevitably smaller pie
>>215724159
>Who is designing this? Do you believe that firms are conspiring to underutilize their service workers? Why exactly would they do that.
your premise here is that
>investors and the executives they hire are infallible
>they always prioritize profits over class interests
>the avg person even could be fully utilized in these roles
i think all of the above are demonstrably false.
>Its pretty easy to not build in flood zones. Much of the south isn't really exposed to natural disasters, there's no natural disaster risk in metro Atlanta, Greenville, Charlotte, Huntsville, Nashville, and these are metros you're seeing manufacturing growth in. The entire south isn't Miami and New Orleans.
the whole south will be fucked by climate change because their voters appear to want that. good luck maintaining supply chains. and thats not the only threat i mentioned.
>Its unclear to me why you think something bad happened that needed to be averted when today we have higher median income inflation adjusted than we have ever had.
if you live in the usa and dont see a problem with using that as a metric than you must be a glowie

>>215723133
Imagine a shithole 2x2 meter tin house filled with 10 villeros, that's how amerishartians see those """""shithole""""" houses for some retarded reason