@AndySwan @Jack_Raines It's funny that you think Elon doesn't commit felony drug crimes weekly that would result in 5-10 prison sentences if he was a poor Black guy in Oakland
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Bitnik
12.6K posts
Bitnik
@Bitnik9k
Trading the markets MAGA has given us | TradFi + BTC/crypto | meme observer | dog/cat enjoyer | anti-fascist | Butlerian Jihadist | Difference enjoyer
The Trenches Katılım Şubat 2021
1.8K Takip Edilen479 Takipçiler
@TheFlowHorse Almost no one has a job that fills their cup, though, and that's where most ppl's time/energy has to go
American capitalism is broken, and now we're speedrunning tech feudalism. We either dramatically reform this mess soon, or there's going to be a violent revolution
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@smilinglllama @TheFlowHorse @gainzy222 Just to be crystal clear:
Elon ruined Twitter, and he did it deliberately by flooding the app with Nazis, paid antagonists, and propaganda bots
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@gainzy222 yeah that's what i probably miss the most about twitter, the timeline just being genuinely a good read, like we'd all be talking about the same thing of that day, replies we would be a conversation/thread that was interesting and funny. we all knew what everyone was talking about
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Bitnik retweetledi
"Boomer" becoming the default diss for anti-human, hypercapitalist slop actually gives me a tiny bit of hope that we aren't completely cooked yet
𐌁𐌉Ᏽ 𐌕𐌉𐌌𐌉@OrevaZSN
Teenagers have started calling AI art "boomer art" and consider it cringe, and YouTubers have stopped using AI-generated thumbnails because teenagers find them cringe and won't click on them. I honestly couldn't be happier.
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@DisavowedVet Yes, the hippie generation worked two or three jobs straight out of high school, never indulged in a single luxury, and managed every cent they made perfectly to get the advantages they had
Such an accurate accounting of history
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What you missed
Preceeding generations worked harder than you, and knew how to live within their means, and save for a home
The reason the percentagages drop, is that each successive generation has become worse at it
Until you get gen Z, who have to spend $30 on lunch because they don't know how to cook their own food
....and are lazy as hell, going by the ones I've worked with - before they get canned
TheUnusualSuspect@beerandtokens
This misses the damn point. By 30, 48% of Boomers owned a home. 42% of Gen X owed a home by 30. And only 33% of millennials owned a home by 30. And Gen Z is on pace to be around 25%. The American Dream of homeownership is collapsing. Why is it so hard for people to admit that attaining life necessities are exponentially harder today than when they were 30yrs ago? And the most frustrating part is they know it is, they just won’t admit it. Bc it would take admitting that they had it easier, and that their voting habits have led to their grandchildren being dramatically worse off than they were.
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Millenials grew up in a booming economy with plenty of safe non-manual labor paper shuffling jobs.
Collectively, they said “I’m too good for work!” and instead opted for 7 years of college & six figure debt.
Now $6 coffee addictions prevent them from owning homes. 🤷🏻♂️
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The reason I'm pushing back against the zoomers who want to divert every conversation about personal financial choices to talk about "the economy" is not because I dislike zoomers or don't care.
It's because I do care about them and babying them won't help them.
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Bitnik retweetledi
@GSpellchecker What? Lol
I grew up with middle class boomer parents, and we ate out as much as we ate at home
The gaslighting is insane
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This is completely untrue. Growing up working-class in the late 80s and 90s, my parents never bought it for us. The only times I ever set foot in a McDonald’s were for someone else’s birthday party.
The housing market is undeniably broken, but at the same time, the number of luxuries this generation now considers basic necessities is on another level entirely.
Raven@raven_brah
Boomers seem to forget that fast food used to be a normal, everyday expense for them because it was affordable. You could get a burger easily on minimum wage, it wasn’t some fancy treat you had once a year as a reward for pulling yourself up by your bootstraps.
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@HakureiRyan It's both
And the reason for all the inflation-inducing money printing is directly related to bad incentivize structures and the destruction laissez-faire capitalism inevitably causes that most ppl find unacceptable
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"Paying a living wage" is not the answer and is a contributing factor to inflation. This is what socialists get wrong about the debate. The actual discussion should be "why is shit so expensive to the point wages are a discussion?" Why is a burrito that cost me 89 cents just 15 years ago over $5 now? Why is housing more and more unaffordable? Why can't people easily pivot to higher paying positions/jobs? Why is fast food now a career choice instead of a stepping stone?
I don't think Erica would like the answers nor the solutions to these things, and ironically nor would the boomer.
🌽🌽 Erica, The White Trash Socialist 🌽🌽™️@herosnvrdie69
“Get a better job” is not the answer to people being unable to pay their bills. Every job should have to pay a living wage. If you don’t believe that, then you believe as a society people who do necessary jobs should permanently live in an under class.
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@kamikazecash @VandelayIndCEO I graduated in 2008
Who had it worse?
Boomers, whose short-sighted greed caused the GFC and put the economy on an insane inflationary path by running up massive gov debts that led to a 15-year bull market for assets?
Or their kids, many of whom still can't afford a home?
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@VandelayIndCEO I don’t think the boomers born in 1952 were too happy about the 2008 global financial crisis. They’d be about 56 at the time, getting close to retirement just as the market completely shatters their net worth.
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Hating on boomers for having market opportunities is wack and weak.
Boomers got nailed by the dot-com bubble followed immediately by the Global Financial Crisis.
Millennials hit adulthood just as the GFC bottomed and had early access to $BTC.
If you’re a millennial or Gen Z and on the struggle bus, stop hating on the boomers. They’re all in their 70s by now and most of them are out of the workforce and downsized their house.
Start by assessing your resources available to you and make incremental changes until your finances are on track.
Otherwise, when the boomers are dead, you’ll still be struggling and have to move on to hating GenX.
Iced@IcedKnife
boomers will look you dead in the eye and tell you to work harder when they had real estate and the S&P
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@OmahaFanny @swissch33z @DianaVilliers1 I'm 43. You've created a fantasy world in your mind that A) either never existed, or B) you were dirt poor and assume the way poor boomers lived was the baseline
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@swissch33z @DianaVilliers1 yes of course
but it was still a rare occurrence, not a "once a week" kind of thing
personally, I think we've been in an over consumption era for way too long. happiness isn't found in consumption and we're driving right through a wall
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Are you kidding?
Getting fast food was never a normal, every day expense for boomers or for Gen X.
Going to McDonald’s or Burger King was a treat
That’s why birthday parties were held there
Look up Eddie Murphy’s old sketch about his mama not wanting to take him to McDonald’s and making him “house burgers” instead
Raven@raven_brah
Boomers seem to forget that fast food used to be a normal, everyday expense for them because it was affordable. You could get a burger easily on minimum wage, it wasn’t some fancy treat you had once a year as a reward for pulling yourself up by your bootstraps.
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@LouisPunished Boomers have been doing this for 20 years
It was avocado toast and Starbucks when Millennials were at the same spot as GenZ
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This entire thing didn't even start off about food. It was about the structural economic problems younger generations face and the older generations pivoted to food to side step the entire debate rather than admit to the problems in the macroeconomic sense.
Miss Lizard@adelethelaptop
An Aldi sandwich is not prison food. The real issue here is that Zoomers feel they are entitled to eating the richest, most delicious foods at all times and have dispensed with the concept of all things in moderation. Learn how to make a good sandwich and lose the dramatics.
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Yea my parents really enjoyed each having to work a 50hr workweek to pay the 13% interest rate on their starter home when I was a kid in the 80’s. Get outta here with this revisionist nonsense.
Crispr (Third-Worldist) 🌍📉@CollapseAnime
boomers who spent the 80s and 90s drunk driving from work to cheap restaurants to eat 5$ steak dinners on their way to drunk driving home to their cheap houses bought on one income want me to eat cut up hot dogs on crackers
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@AHumblePeon @Wanderer071189 @ReviewsPossum You're right. He actually has access to way more capital than $1T thanks to leverage
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@Wanderer071189 @ReviewsPossum Yah Musk having a trillion dollar net worth doesn't mean Musk has access to nearly a trillion actual dollars to use. But it does mean that thousands of normal people invested in his companies have a lot more money than they did before. And thousands of his employees do too
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Your problem is you believe wealth is a zero-sum game, so you don't even try to save money because, in your mind, someone else already has it all.
linux@tuvati
Elon is projected to become a trillionaire by 2027 but yes people ordering DoorDash is the problem
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@ReviewsPossum Wait, you think asset price inflation is proof wealth isn't zero sum? 😅
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Pack a lunch, don't Doordash or eat out every day, pick up an extra shift, work some overtime... Things millennials, gen X, boomers have been doing to save money for decades but gen Z thinks are beneath them. Yes, the economy sucks right now. It's happened before. Buckle down.
Ian Moone@MealltaMcFie
@LibertyJen You people are fucking delusional. Young people are out future. What's with this disgusting animus you have for young people? You're describing no one here. No one wants a 1.6m dollar house. You're retarded. We just want to not have to work over time just to have basic shit.
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Capitalists believe the state shouldn't exist.
Von Schweppenburg@VonSchwepp
Socialists believe the people exists to serve the state. Capitalists believe the state exists to serve the people.
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