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Economically speaking the train is moving. If you have only a high school degree your wages have declined in real terms[0], they continue to fall. With interes
by willcipriano 3y ago
Economically speaking the train is moving.
If you have only a high school degree your wages have declined in real terms[0], they continue to fall. With interest rates what they are now home ownership is a impossibility for most people who aren't going to inherit one or who didn't buy when rates were much lower.
I'm not driving this train, I dont want it to be this way, what good will blaming myself do here? Should I apologize for seeing this coming?
[0]https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7745920/ https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7745920/
- 15457345234 3y ago> I dont want it to be this way Okay, but the smug tone of your prior post kinda contradicts that, which is why me and others responded the way they did. Hard to know how to have the conversation when you're responding like a completely different person from one comment to another really. Weird.
- willcipriano 3y agoThe "you can make more money renting and investing" crowd should consider my remarks smug. People too poor to afford homes who are now cut off from doing so for probably the next half decade, mainly because central banks would perfer they stave than asset prices fall, should probably riot.
- 15457345234 3y agoAh okay, the smug tone is because you want people to get frustrated and riot. Yeah, I kinda figured that already. Wrecker.
- willcipriano 3y agoPerhaps if they believe in Democracy harder the same leaders that have been in power for decades will suddenly decide to care about them. I think the magic of Tinkerbell works in a similar way.
- 15457345234 3y agoGoing back to your first comment, you said 'the train is leaving the station brother' - that 'brother' part kinda implies that you and them are on the train together. With that in mind, could you confirm that you are an American citizen living in America and that, metaphorically speaking, you are indeed on that same 'train' together? And that you aren't, so to speak, standing outside fanning the flames of unrest with your smug comments?
- willcipriano 3y agoI'm a American who owns a house in America.
- 15457345234 3y agoOkay... I mean, I see where you're coming from I just don't think that riots and unrest are the best answer. The best answer should be that the problems are solved actively and decisively but... that isn't happening, and the people in charge are just... staggering about like their strings have been cut, which is odd. It is all very weird.