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@beatwallst

Sumali Eylül 2021
650 Sinusundan67 Mga Tagasunod
BWSTOG
BWSTOG@beatwallst·
@megynkelly The goal of a strong economy is to eliminate work, not create more of it.
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BamaVille
BamaVille@Bamaville502·
This sounds cool and all but is not true. Wealthy people do all kinds of things that are not by the book. Fancy cars, debt, massive houses, second homes, self insure, lack proper estate plans. There is no wealthy person script they follow. Some just got lucky or have a gift. Many are rule breaking entrepreneurs and don’t do any of these things on the list.
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Brian Feroldi
Brian Feroldi@BrianFeroldi·
Wealthy People: ✅Avoid debt ✅Drive Old Cars ✅Estate Planning ✅High Savings Rate ✅Invest Windfalls ✅Lifetime Learner ✅Long-term Investor ✅Modest Home ✅Multiple Sources of Income ✅Picked Right Career ✅Proper Insurance ✅Strong Network
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Thomas Sowell Quotes
Thomas Sowell Quotes@ThomasSowell·
King Charles: “You recently commented, Mr. President, that if it were not for the United States, European countries would be speaking German. Dare I say that if it wasn't for us, you'd be speaking French!”
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I TELL IT LIKE IT IS - LIKE IT OR NOT
Are you kidding me? This has vindictive prosecution written all over it. Then that will allow the Grand Jury docs to be revealed and we can see what the hell the DJT-DOJ did to get an indictment. BTW... "86" means "no more" or "closed" or "do away with." It does NOT mean to execute someone. It came from the military but is used in retail and restaurant all the time. Example: 86 on lobster tails in a restaurant - means that they ran out of lobster tails. It's no longer on the menu that night. It does NOT mean the chef is going to go execute a lobster. Example 2: 86 on snowblowers. Means the store ran out of stock on snowblowers. It does not mean there's a call to destroy all snowblowers. It's also called the First Amendment - the part of the Constitution that trump and MAGA only like when it fits their fascist agenda.
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Hans Mahncke
Hans Mahncke@HansMahncke·
Comey’s second indictment is in connection with this photo, which he claims he took in North Carolina. Hopefully that is also the jurisdiction where the case was brought, because if so, it will be a far less favorable setting for him than in D.C.
Hans Mahncke tweet media
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BWSTOG
BWSTOG@beatwallst·
@WestsideLAGuy Higher IQ take. The year on the calendar doesn’t change millions of years of biological female evolution.
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BWSTOG
BWSTOG@beatwallst·
@citizen2891 @money_cruncher The bank has a loss because of the numbers. I am right because of the numbers. This isn’t my opinion.
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The Money Cruncher, CPA
The Money Cruncher, CPA@money_cruncher·
My coworker has a 1.99% mortgage. That is something you should NEVER pay off early. Inflation is at least 3%/yr. Why would anyone pay that off aggressively? It makes absolutely 0 sense.
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Kevin | Large Fam Dad
Kevin | Large Fam Dad@LargeFamDad·
My boss's boss is like 42, never married, no kids. Earns $275-300K per year. Goes on a minimum of two international vacations a year w/ his girlfriend. 10+ days, all out. Eats the best food, stays in top notch accomodations. Excursions, tours, nicest beaches, etc. Great guy, I'm happy for him. But what I've realized is that without kids, you end up chasing a lifestyle that has to continually be topped in order for you to be satisfied and find happiness. What he and others like him don't understand is that when you have children, seeing THEM experience life's most basic things and watching their eyes light up at all the "firsts", brings greater pleasure and joy than any vacation or travel experience ever could. Seeing THEM try blueberries for the first time is greater than dining at the best 5 star restaurant in Europe. Seeing THEM learn how to walk is greater than walking the Great Wall of China or strolling along the most picturesque beach. Watching THEM giggle uncontrollably at "peek-a-boo" tops any A-list comedian act. Seeing THEIR excitement when building a fort out of cardboard boxes and making a door big enough for daddy is superior to staying at 5-star resorts. Flying kites with THEM far outweighs excursions like parasailing or helicopter rides. Seeing THEM perform a recital on stage for the first time is more rewarding than watching a Broadway show or top notch symphony orchestra. ----------------- When you have children, all of a sudden you realize that life's greatest joys are not in the pursuit of things or pleasure or travel, but rather in the LOVE and bond you share with your very own image bearers. Seeing the beauty and magnificence and wonder of life all over again for the first time through THEIR eyes and expressions gives you something the world simply cannot offer, nor even come close.
Kevin | Large Fam Dad tweet media
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BWSTOG
BWSTOG@beatwallst·
@AiwithYasir This is the same nonsense that Henry Ford paid his employees high wages so they could buy his cars. Economically illiterate.
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Yasir Ai
Yasir Ai@AiwithYasir·
🚨BREAKING: Two researchers from UPenn and Boston University just published a paper that should be uncomfortable reading for every CEO automating their workforce right now. The argument is straightforward. Every company replacing workers with AI is also eliminating its own future customers. Laid off workers stop spending. Enough of them stop spending and nobody can afford to buy anything. The companies that fired everyone end up selling into an economy with no purchasing power left. Every executive can see this. The math is not complicated. But here is why nobody stops. If you do not automate, your competitor does. They cut costs, lower prices, take your market share, and you collapse anyway. So every company automates knowing it is collectively destructive because the alternative is dying alone while everyone else survives. The researchers proved this is a Prisoner's Dilemma playing out in real time. The numbers are already moving. Block cut nearly half its 10,000 employees this year. Jack Dorsey said AI made those roles unnecessary and that within the next year the majority of companies will reach the same conclusion. Salesforce replaced 4,000 customer support agents with AI. Goldman Sachs deployed a coding tool that lets one engineer do the work of five. Over 100,000 tech workers were laid off in 2025 and AI was cited as the primary driver in more than half those cases. 80% of US workers hold jobs with tasks susceptible to AI automation. The researchers tested every proposed solution. Universal basic income does not change a single company's incentive to automate. Capital income taxes adjust profit levels but not the per-task decision to replace a human. Collective bargaining cannot hold because automating is always the dominant strategy. They also identified what they call a Red Queen effect. Better AI does not solve the problem, it accelerates it. Every company chases faster automation to gain market share over rivals but at the end everyone has automated equally, the gains cancel out, and the only thing left is more destroyed demand. The one thing the math says could work is a Pigouvian automation tax. A per-task charge that forces companies to account for the demand they destroy each time they replace a worker. The conclusion is that this is not a transfer of wealth from workers to owners. Both sides lose. Workers lose income. Companies lose customers. It is a deadweight loss with no market mechanism to stop it on its own. (Link in the comment)
Yasir Ai tweet media
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Cernovich
Cernovich@Cernovich·
Inflate the debt to 100 trillion, cancel it all, issue a digital currency. All tech and data centers must be up first. Then create a crisis, the snare is set. FDR confiscated all gold before. You don’t need to be a genius to see where this is all heading. Agenda 2030.
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BWSTOG
BWSTOG@beatwallst·
@citizen2891 @money_cruncher You and the bank have an inverse relationship in this situation. They won, and you lost. The benefit you had was a low mortgage. By paying it off, you lost.
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BWSTOG
BWSTOG@beatwallst·
@citizen2891 @money_cruncher The bank holding your mortgage had a loss on its books, and by paying off the mortgage, you bailed them out of that loss. That’s how bad of a decision that was.
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Responsible Citizen
Responsible Citizen@citizen2891·
@money_cruncher It makes 100% sense for ppm like me who wants *ZERO* housing risk and best return. I had enough in a 5% HYSA to pay off my 2.25% mortgage, all FDIC insured. When I paid off the mortgage, it freed me to put the entire payment in the S&P at avg 8-10% and keep zero house risk.
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BWSTOG
BWSTOG@beatwallst·
@MOFO_Finance @Cernovich I wish you were right but after Covid it should be clear Americans will do whatever they are told.
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Modern Family Office
Modern Family Office@MOFO_Finance·
Gold and silver will not be confiscated because then people won’t allow it again. If and when full digital money comes it will be backed by gold as the world will have to reconstitute itself together in someway bc everyone will be equally screwed. You need to have land with self sustainability and half of your assets in PM and the other half in cash/equities as we go towards 2031 and beyond. The rest will work itself out.
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