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Still think TITNC3: Return of the Iceberg was peak

Discussion in 'Stocks & Investments' started by kairo, Oct 6, 2020.

  1. May 9, 2022 at 5:41 PM
    theesotericone

    theesotericone Well-Known Member

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    For sure. You'll always need worker bee's. The question really is it a mass global conspiracy to keep these workers in underprivileged areas or is it there own doing that is keeping them there?
     
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  2. May 9, 2022 at 5:42 PM
    kairo

    kairo [OP] >_>

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    Tomato tamatoh. The quality of the education is the answer, yes. And if a nation provides a public school system, the citizens should demand that the school system be equitable across the country.

    Everybody likes to rag on Cali, but they have some fantastic public schools. They also have some of the worst.
     
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  3. May 9, 2022 at 5:43 PM
    kairo

    kairo [OP] >_>

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    It's systemic. It's the way it's always been, so there's no incentive to change it if you're rich, and no ability to change it if you're poor.
     
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  4. May 9, 2022 at 5:43 PM
    jandrews

    jandrews Hootin' and Hollerin'

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    I'll take the bait.

    You're right, not everyone can be top 25%.

    What we have done in the US, instead, is make sure the bottom 25% have it better than kings did two centuries ago.

    The wealthiest people in the world at that time never had a car as good as a used 2012 civic. They could never go to the store and buy avocados out of season, or fish not native to their area.

    So yes, "best" is not attainable for everyone, but "better than ever before" certainly is.
     
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  5. May 9, 2022 at 5:44 PM
    Iwilltaco

    Iwilltaco Well-Known Member

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    Keep middle class just comfy enough and there will be no uprising. That’s the sweet spot
     
  6. May 9, 2022 at 5:46 PM
    jandrews

    jandrews Hootin' and Hollerin'

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    That world - should - is dangerous. Be careful when you start running other people's lives.
     
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  7. May 9, 2022 at 5:46 PM
    theesotericone

    theesotericone Well-Known Member

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    BTC held $30K. For now. lol
     
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  8. May 9, 2022 at 5:47 PM
    Iwilltaco

    Iwilltaco Well-Known Member

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    I’ve written off all crypto as a loss I shall forget about for the foreseeable future
     
  9. May 9, 2022 at 5:48 PM
    theesotericone

    theesotericone Well-Known Member

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    Me too. LINK at $8 is tempting though. lol
     
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  10. May 9, 2022 at 5:48 PM
    Iwilltaco

    Iwilltaco Well-Known Member

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    :smack:
     
  11. May 9, 2022 at 5:48 PM
    kairo

    kairo [OP] >_>

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    Medieval peasants had more free time than the average blue collar worker does now. Sure they might have had to eat bread and root vegetables for every meal, and poop on the sidewalk, but they didn't sit at a desk for 10 hours a day staring into a glowing screen.

    Quality of life is multi-faceted and definitely not a one size fits all metric.
     
  12. May 9, 2022 at 5:50 PM
    kairo

    kairo [OP] >_>

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    I've never advocated for running anybody's life. I'm advocating for free access to exceptional public education, which you would assume the wealthiest nation on earth should be able to provide to the people that are going to be taking care of them in their old age.
     
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  13. May 9, 2022 at 5:52 PM
    jandrews

    jandrews Hootin' and Hollerin'

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    The data don't back this at all.

    As we have discussed, people tend to start life as poor worker bees and end it rich. The same people don't stay in the same socio-economic zones by and large.

    Consider your own life: Are you in the same economic state you were 20 years ago?

    My theory on this is that the internet and media have everyone comparing themselves to the upper crust rather than their personal goals. And comparison is the thief of joy.
     
  14. May 9, 2022 at 5:55 PM
    kairo

    kairo [OP] >_>

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    LOL

    Like 7 families control the vast majority of all the assets on the planet. It's systemic. You don't get born a Jandrews and magically become a Rockerfeller through hard work.

    Bill gates? Came from money
    Zuckerburg? Money
    Bezos? Money
    Musk? Money
    Even my beloved Ryan Cohen? Came from money

    Do I need to continue?
     
  15. May 9, 2022 at 5:57 PM
    Iwilltaco

    Iwilltaco Well-Known Member

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    Jenna Jameson didn’t come from money
     
  16. May 9, 2022 at 5:57 PM
    kairo

    kairo [OP] >_>

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    I'm in the top 10% of income earners in the US, and relatively speaking, I'm poor as shit. I have a nice new pickup truck, but I definitely don't fly first class.
     
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  17. May 9, 2022 at 5:57 PM
    kairo

    kairo [OP] >_>

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    Oh yes, she did ;)
     
  18. May 9, 2022 at 5:58 PM
    jandrews

    jandrews Hootin' and Hollerin'

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    I have no doubt you could fund a mideval peasant level lifestyle - clothing, hut, medical "care", food, etc. - on less than 10hr work a week.

    You are unwilling to accept that quality of life. That is why you work more.
     
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  19. May 9, 2022 at 5:58 PM
    Iwilltaco

    Iwilltaco Well-Known Member

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    I was hoping that word play worked
     
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  20. May 9, 2022 at 5:59 PM
    kairo

    kairo [OP] >_>

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    I spend my weekends specifically seeking that quality of life. But it's also nice to come home and have a hot shower.
     
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