The US solution to make the dollar attractive historically for nations is moving Aircraft carriers into your waters to pressure you to maintain the dollar to keep trade and sovereignty. If that doesn't work, it trumps up WMD's, chemical weapons, and genocide claims to invade and install a puppet...
Your knowledge and reaction is typical of a normal person that doesn't see the full picture of the markets or economics, therefore lack understanding. Even when presented with the data, the shock factor is too much. I've seen this with many people. Not my job to convince you, the data is there...
This has been happening for decades......and it's now snowballing. the government/fed has managed to finagle its out way out crisis many times, but lowering rates is not an option due to inflation, raising rates is a limited option due to crashing the economy, printing money is worsen inflation...
The dollar is hanging on by a thread at the moment. It may last a few more months at these levels, maybe another year. Dollars are not being dumped yet by the BRICS as the system is not setup yet. It's being prepared at the moment, which markets understand. Thus there is still value that can be...
Hyperinflation:
You are only interpreting the public data that is pushed by mainstream. Our dollar supply continues to increase YoY. Why have we never experienced inflation in the past on the levels that we are now? Because of USD holds the global reserve currency status and trade is pegged to...
Wait so you don't earn anything worth mentioning, haven't acquired anything worth mentioning, don't understand pensions, don't understand the financial system, don't understand economics but you are lecturing on building wealth?
Anything else besides the 4% rule we should learn from this...
If you want to understand how the markets work, watch this insider scoop from O'keefe's Media Group who goes undercover to interview a blackrock employee that discusses how they manipulate markets with insider information, lie to the public about what investments and inversely trade against the...
What makes any of your comments and claims here valid when you haven't shared anything?
What books have you read? How much money do you make? What is your net worth? I'd be confident in saying all less than me but do try to lecture me on investment when you haven't acquired anything worthy of...
I'd rather be single than be with someone that doesn't appreciate me. I've told my wife, she's here to make my life better and vice versa. If it's not the case, than what is the point of our relationship. It's supposed to be mutually beneficial. If she ever feels like she deserves someone better...
Early on in my life, I determined that society is setup in a way where most people are doomed to be poor and stuck in the rat race. System is built off credit. In order to build credit, you need to take on debt. There's little guidance from society for most on how to properly build credit unless...
Short answer, people are against change.
change is difficult and often times painful. Those who try and change themselves typically go through those experiences alone.
people don’t want to feel like they’re lazy, wrong, or whatever the reason is that they’re feeling and not following you on...
I came with ptsd. Went from being peak physical fitnesa and attractive to being so weak I couldn’t do a pull-up or push-up. Was barely speaking and most people abandoned me as they saw me as a burden or Debbie downer.
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there’s great self help material on the forum and back when I joined there...
If it’s paid off then it’s an asset. If the value of the asset you own is greater than any costs associated to it, still an asset.
so unless repairs and upkeep are more than the value, than should be an asset.
I went to the store earlier this year and it was around $12k. Not sure where the $26k comes from. The estimated wait time was 1 year though. I'm still on the list.
We getting off topic here arguing about middle and upper class.
Also, if you haven’t experienced what having a lot of money is like to the point of it being irrelevant in life, don’t think your opinion matters for much. If you feeling like you’re upper middle class or someone else is upper...
Need to factor inflation and adjust for it as that data is from 2016. Average home prices increasing by 50% since 2016.
There's little real "middle class" left in America. This is also misleading when you look at averages/median. Makes people feel better when they're in better ranges among the...
Would say $200k is still middle class and not upper middle class. This is 2016 income not adjusting for inflation. $200k still seems middle class here, especially if you're close to a major city...
I used to think in my 20's that $200k+ was upper class. I make more than that and can tell you it's not.
Have a friend that makes almost $700k/year. I would consider him barely upper class. He takes home I think $35k/m ish. Spends about $15k/m. Probably would still need to fly economy to travel...
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