Stocks, Investing, Gambling, Bitcoin .etc

Look, I’m not a fucking broker or a hustler, okay? I don’t care that you keep running around telling me or others to go waste our time and money to put into markets that can be incredibly unpredictable. It is all about luck, chance and risk. Things most wouldn’t want to put themselves on the line over even if they were down next to nothing. They’d rather buy lottery tickets.

  • @[email protected]
    link
    fedilink
    636 months ago

    The economy.

    I’m a laborer. When the economy is bad, my cost of living goes up and the price of food goes up.

    When the economy is great, my cost of living goes up and the price of food goes up.

    The only people affected by a positive economy seem to be the people wealthy enough to have stock portfolios and large shares in corporations. It doesn’t affect me as a laborer in any positive way ever.

    • @[email protected]
      link
      fedilink
      286 months ago

      Whenever I hear the word ‘economy’ I replace it with ‘rich people’s yacht money.’ I feel that clarifies a lot of my opinions on the matter.

    • snownyteOP
      link
      fedilink
      206 months ago

      That’s quite frankly how it’s designed. Capitalism favors no one but those that have built it and continue building on it.

      • @[email protected]
        link
        fedilink
        226 months ago

        You lost me at “save”. Save what? Pocket lint? Nobody has the funds for savings anymore. I used to put aside a few hundred bucks a month 10 years ago. Now I can’t even afford my entire month’s expenses, let alone save any money.

        • @[email protected]
          link
          fedilink
          11
          edit-2
          6 months ago

          Yeah also stopped there.

          The commenter above was making that very point, that it’s so worthless to give us financial advice and knowledge of the economy when a large portion of Americans are scraping together their last nickels to pay their water bills or their electric bills and not always both. Most people don’t have a savings that can withstand a minor home emergency or health problem, investing or saving with intention is almost impossible for millions of people.

          The funniest part here is that the commenter got a lecture about the economy anyway.

      • @[email protected]
        link
        fedilink
        116 months ago

        Save WHAT? The gas station takes their bit so I can get to work. The grocery store takes their bit so I can eat to have energy to work, and so I can feed my child. The phone company takes their bit so my boss can keep in touch with me when they want to. The insurance companies take their bits so I can say that I’m insured and have the right to drive, and to put myself deeper in medical debt if anything goes wrong. The landlord takes his bit so I can have a roof over my head. Disney takes their bit so my kid can have her favorite movies and shows on demand because that’s one thing I can give her. And now my coin purse is empty until my employer gives me my bit again. Where do the savings come from, oh wise one?