Cryptogirly

@LukeGromen I think you got your crashes wrong 😂

We kicked the 2000 crash up to the housing market. We kicked the 2008 crash up to the UST market. We kicked the 2020 crash up to the USD. This means whenever the next crisis starts, we will see stocks rise in USD (blue) but fall in gold (red)...as has happened since 4q21👇: @andrewrsorkin

@askslim @Alamo I have had poor experiences with Alamo as well. I use @Budget whenever possible, and I am a frequent renter!

I just had one of the worst customer service experiences ever with Alamo car rental. @alamo We flew into Midway Airport in Chicago and rented a car there. By the time I got almost an hour and a half north to Libertyville to pick up my 96-year-old mother, we had a flat tire. When I went to change the tire, there was no spare in the car. We called Alamo. We were meeting people for dinner who were waiting for us. Alamo said we had to wait up to three hours for a tow truck, or leave the car unattended for the tow truck, take the key, and I was responsible for whatever happened to it. When we got to the restaurant, we called customer service and also called back Alamo's roadside assistance. After we complained severely, Alamo told us they were going to send us a replacement car. We waited two hours at the restaurant. No car came. We called them again, and they told us they would send the car to the hotel we were going to. Again, no car showed up. They insisted the car was in front of the hotel and that the driver was waiting for us. The driver was actually at the Midway Airport Alamo counter. We could see that on the tracking map that they gave us, but that did not matter. Alamo would not release the car to the tow truck driver to bring it to us in Lincolnshire, Illinois. We had four other attempts for them to bring us a car, two of which the tow truck companies told us they turned it over to another tow truck company, cause they didn’t want the order, and they didn’t follow through. The final two attempts to get us a car had a different problem. Alamo could not release the car to the driver to tow it to us so that we would have a car to continue our trip. They told us we had to make a three-hour round trip to go pick up a car back at Midway Airport because there was no other solution. It's very clear that Alamo's roadside assistance did not understand that when they said any Alamo branch at any airport could send a car to us, their rules say they cannot release a car to a tow truck driver. We waited until 1:30 a.m. stranded, and still had no car. Finally, at 8:30 a.m. this morning, I was able to arrange for them to Uber us to Milwaukee, Wisconsin, where we could get a car. Hopefully that will work because that is the direction we were supposed to be driving. But as I write this furious, I am still wondering if that’s going to work. It was a total of 11 phone calls, each time having to tell that service agent everything that’s happened, again! and completely unsatisfactory service. I thought this was a good warning to put out for people about this company. Clearly, I am outraged. And @Alamo has very bad customer service. Clearly, “Alamo rent a car” has about the worst customer service I’ve ever experienced!

@caprioleio Highly likely this will happen, but not until after midterms 😉

Every time inflation has crossed as high as it has today, the market has crashed -30% on average over the next 1-24 months. All of the big crashes occurred in this environment (-47% in 2000, -55% in 2008). On the rare occasion we have gone higher.

@_The_Prophet__ That sort of thinking will get you exactly what you DESERVE!!

⚡️The real problem is that personal-finance advice used to sit inside a believable civilizational bargain. Save money, avoid waste, buy a home, start a family, build equity, invest, retire. Small sacrifices had a visible path into ownership. Now the sacrifices feel disconnected from the reward. A young worker can skip the coffee, pack lunch, cancel subscriptions, avoid DoorDash, and still face rent inflation, unaffordable housing, insane healthcare costs, expensive cars, high insurance, student debt, and a weakening entry-level labor market. So the advice lands less like wisdom and more like mockery. People hear: “Your life is broken because you bought coffee,” while the larger system has made basic adulthood radically more expensive. That creates financial nihilism. When the future feels reachable, thrift feels powerful. When the future feels structurally blocked, thrift starts feeling like self-denial without payoff. That is when people start buying little comforts. The coffee. The lunch. The weekend trip. The subscription. The delivery order. The “I deserve this” purchase. Those are not wealth-building decisions. They are anesthesia. The machine sells small relief to people who no longer believe large ownership is coming. That is the trap. The system became harder, and many people responded by becoming softer. Housing got more expensive, and people also got worse at delaying gratification. Wages lost power, and consumer culture got better at extracting the remaining cash flow. The ladder weakened, and the habits weakened with it. O’Leary’s advice is useful at the individual level. Control the controllable. Stop leaking money. Build capital. Avoid lifestyle creep. Kill convenience addiction. Nobody gets free from math just because the system is unfair. But as a social diagnosis, the coffee explanation is too small. The $5 coffee did not break the middle class. The $5 coffee is what people buy after they stop believing the middle-class bargain still works.

Boomers were “mean drunks” who’d come home hammered and beat their family Gen Xers were “fun drunks” who maybe had some beers on the couch every day and it totally wasn’t alcoholism but it kinda was Gen Z grew up with them as parents and grandparents so of course they don’t drink.

@stelzner_n1150 Then don't go out to eat! Simple!!

A regular-sized sandwich, a bag of chips, and a soda cost you like $17 now at Jersey Mike's, then they ask for a tip on their tablet, making the total close to $20. Wealthy people don't care because they don't need to budget, but for middle-class Americans, this is a big problem.

@Ball4Breakfast @ThrillaRilla369

@ThrillaRilla369 Kids have way more social skills today. Puzzles. They need to be able to problem solve.

What did we have growing up that children need more of today? I’ll go first: Social skills

@_dxllz7 Gen Z

What are u starting to dislike more as u get older?

@JessiSixx13 @_dxllz7 Please tell me where you can buy a $3 latte 🤣

@Versuhtyle They also drink $7 starbucks drinks, eat out at Michelin star restaurants and spend thousands on traveling. BUT... BUT.... poor them, they can't afford a house 🤣

Unpopular Fact: Boomers took lunch pails and a thermos to work each day with the most basic meals and leftovers you’ve ever seen You can blame them for a lot of things Your own decision to spend bank on lazy fat gut desires rather than making meals for yourself almost every day isn’t one of those things

@JeremiahDJohns Just wait, we haven't even gotten started yet 😳

I don't want to blame someone for being young and asking questions, but holy shit the idea that this is even a question. * Unemployment hit 10%. Stayed above 7% for four straight years * 10M people lost their homes * The banking system came close to total, catastrophic failure * We didn't gain back all the lost jobs for six years * Stock market declined by 57% * Global trade declined 10% Comparing right now to then is just...

@SalsaTekila Then go long and STFU!

Claude, draw a red circle every time bitcoin touched the SMA200 from below after spending 4 months or more cleanly underneath, make no mistake. Rooooh?

@beerandtokens I'm beginning to believe it was all planned 🙄

We are six years deep into the largest inflation crisis this country has ever seen and not a single elected official in the federal government seems to care. Socialism is bad, but whatever this current economic system that we have is worse. Because it’s “socialism” for corporations at the expense of the middle and lower class. Perfect example of this is that because of Trump’s dumbass tariffs, corporations raised prices because they “needed to” (despite record profits) and now that tariff refunds are being handed out, they are going to the corporations and not the consumers. So the corporations get twice the money while the public gets nothing but increased costs. F*ck this system.

@misslucidsdiary And don’t forget these apps are built to keep drivers who constantly take low-tip orders from even seeing the high-tip ones. Those go to the drivers who only cherry-pick the best orders. Make it make sense 😡

I heard doordash was stealing tips from their drivers so out of curiosity, I asked the woman who dropped off my tacos how much it's showing that I tipped her; she said $5. I showed her my phone where I tipped $20 (bc the taco place was busy and she waited for my order). 😐

@ThierryBorgeat 🙏🙏🙏

WHAT IF the biggest bubble of our lifetime isn't crypto? Not AI stocks. Not real estate. What if it's the one asset every pension fund, every retiree, every "safe" portfolio is loaded with? Bonds. 200 years of rate cycles say the same thing: Every peak lasts 56–67 years. The 1981 top was 14% yields. The 2020 bottom was 0%. 39 years of falling rates just ended. What if we're now at the start of the next 50-year cycle — upward? Most investors have never managed money in a rising rate world. Their entire career happened inside the bull. The unwind has barely started. And no one is talking about it.

@_The_Prophet__ College is becoming irrelevant for most fields. AI has made, and will keep making, knowledge - the most valuable resource - essentially free. Parents still going deep into debt for college are getting played!

⚡️The degree system is entering legitimacy failure. For decades, college was sold as the safe bridge from youth into the professional class. Pay tuition, take the debt, delay income, get the credential, enter the white-collar ladder, compound upward. That bargain worked well enough while entry-level knowledge work existed in abundance and employers needed humans to do the boring first-rung tasks. AI attacks the first rung. That is the real rupture. The junior analyst, junior coder, junior marketer, junior designer, junior researcher, junior consultant, junior operations associate, junior copywriter, junior paralegal, junior support rep, junior anything, all of those roles existed partly because companies needed cheap humans to process information, draft things, organize data, build first passes, and learn by doing. Those tasks were inefficient, but they were also the training pipeline. Now the training layer is getting automated before the social system has built a replacement. That means college graduates are arriving with the credential and debt, then finding that the job market no longer needs as many beginners. Companies still want elite talent. They still want experienced operators. They still want people who can command systems and own outcomes. They have less appetite for paying large numbers of young people to learn inside the firm while AI can do the first draft, first model, first memo, first screen, first code pass, first analysis. That is why this is more than a jobs story. It is a civilizational betrayal story. The culture told young people to delay adulthood for credentials. Then the economy changed the value of the credential. Housing got expensive. Debt got heavier. Dating and family formation got delayed. Now AI is compressing the labor market path that was supposed to justify the delay. That creates a vicious psychological loop: young people did what they were told, and the system moved the target after they paid the price. The degree will not disappear. Elite degrees, technical degrees, licensed professions, medicine, law, engineering, accounting, nursing, hard sciences, quant finance, and network-rich schools still matter. But the generic bachelor’s degree as a universal middle-class insurance policy is dying. The market is splitting education into two categories: Credentials with direct scarcity, licensing, technical depth, or network power. Credentials that mainly prove compliance with the old order. The second category is in trouble. The deeper consequence is political. A generation with debt, weak entry-level access, delayed family formation, AI anxiety, and collapsing trust in institutions will not politely accept lectures about patience and career ladders. They will look for alternative paths: trades, entrepreneurship, creator businesses, AI-leveraged solo operations, crypto, speculation, government jobs, military paths, and anti-institutional politics. The old prestige map is breaking. The new map rewards leverage, ownership, taste, distribution, technical command, capital proximity, and the ability to use AI as a force multiplier. The brutal truth: College trained people to enter institutions. AI is making institutions need fewer entrants. That is the fracture.

@td5550891035850 Tell me you're an entitled Gen Z without telling me you're an entitled Gen Z 🙄

@Sophia101121 @MikeBales Proverbs 13:22 A good man leaves an inheritance to his children’s children, but the sinner’s wealth is laid up for the righteous.

My grandfather said he’d never move into a retirement home. He said, “Too expensive… and the food tastes like someone boiled sadness.” Instead, he checked into a beachfront hotel. We asked, “Grandpa, isn’t that even more expensive?” He smiled and said, “Not really. At the retirement home, I’d pay $200 a day for cold meatloaf and no visitors. But here? For $150 a day, I get ocean views, room service, fresh towels, a pool… …and suddenly all my grandkids remember I exist every weekend.” Then he leaned back in his chair and delivered the final line like a mob boss: “And if I die in the hotel lobby, the manager will actually look disappointed. But at the nursing home? They just call it Tuesday.”

@td5550891035850 Awwww, someone's mad 🥺 Go out and get a job loser!

@MikeBales @ChitownKid5 This is why everyone hates you boomers. Waste your kids’ inheritance giving it to some billionaire so you can feel important? Hilarrious. It’s only necessary because your kids don’t love you.

@benjamincowen 💯

Crypto was better before governments got involved.

@texasrunnerDFW @Base58Check Boomers are already passing away!

@Base58Check When the boomers die, millennials will be 50-60 Prime homebuyer cohort will be Gen Z or Alpha. Gen Alpha is predicted to be the smallest US generation in 100 years and I believe it—our current neighborhood is half empty nesters with no young kids

We are not prepared for the uncharted housing market territory ahead of us We hear about the large boomer generation, their stake in US homeownership, and the coming “Silver Tsunami” But we don’t have any context for it Throughout history, generations passed on and their housing has recycled through the system to larger generations coming after them. Most households owned one home and there was never any flood of supply or pricing problems But there also has never been another generation that both A. Is this huge B. Owns so many US homes Boomers love houses How many of you have a boomer uncle or grandparent who owns 2, 3, 4 houses? Maybe a primary, a vacation home and rental too? Never before in US history has so much of the middle class of a generation owned multiple homes like this The number of 65+ households owning multiple homes has 5x’d since 1970 The resulting effect is that for ~1/5 boomer households that pass away, 2-3 properties may hit the market at once And the upcoming generations to absorb all these properties are not large in size and are not coupling at the same rate We’ve never lived through anything like this before