I know because this article in particular could go in a few different ones 🤣
I agree that they will most definitely bring in UBI when they collapse everything. AI is defo BS. I did a short stint as a language consultant a few years back for a tech company. It was the most BS job I've had in my life and I've had many 😂 Seriously it is no where near taking over anything It will be blamed for the collapse for sure.
Exactly, you only have to look at where AI is being implemented right now and what huge changes it's making to our society....sweet fuck all, other than generating artworks which I admit is useful if you're a creator that needs copyright free art for thumbnails/content what else is it doing? Where are all these millions of jobs it's making obsolete, sure some corporate marketing and administration work might go, it's great for their big brother surveillance and data gathering on us but the majority of trades will always be needed. AI can not build a road, build a bridge, build a house, fix an engine, fix the plumbing and wiring of a house, replace doors, windows, change tyres, mow a lawn, build a driveway, weed a garden...I mean I could go on and on...it's a total psyops and part of their script. They've basically just renamed algorithms and manufacturing automation which has been around for decades...total fucking BS and anybody who believes it is just confirming they are easily propagandized.
It's so true and that's exactly what they've done with the algorithms. There are so many jobs that AI just cannot do. Some eejit contacted me about a job a while ago and started talking about AI and how it'll take over soon and how afraid he was. Think you can guess what my response was. So fucking dumb.
(This could probably go in breaking the supply chain as well)
"For more than maybe 150 years, the industry of the sugarcane was both the main export income and the locomotive for the rest of the economy. That's what we've lost."
Hey Boomers and GenX...party is almost over, hope you're ready...
The one serving the elderly, on the other hand, is projected to run short of cash in nine years — roughly the life expectancy of an 80-year-old. ...btw that's based on the current financial environment, this will change if the US has a banking collapse, stock market crash, housing crash, dumping of US dollars and the financing of more wars...
Yes let's blame them because we allowed the financial system to become so corrupted and screw them over after we all pigged out at the trough, especially the baby boomers.
😂 Media trying to spin this as a good thing, this is not a good sign...it means even the rich are struggling financially and having to now shop at Walmart.
This is not good folks, I hope people are starting to realize why they're using Musk to build skynet...even though they're putting their own satellites up eventually they will consolidate them all and there will not be one place on the planet where we are not connected to their skynet.
So Florida homeowners are not able to get insurance just as we are going into Hurricane season, and it's not just Florida, it's Colorado and other states now too... yeh that's not going to get ugly at all.
They're never going to deal with the deficit no matter what political brand comes into power, it's a fucking mathematical impossibility to pay off their debt, these fuckers are now putting Americans a trillion dollars further into debt every 100 days!! How the hell are they going to reverse that when most of the debt is now due to the interest payments on the debt??
Yes we should be fucking worried, very fucking worried.
It's not even hard to play these greedy gullible fools, this meme stock rally was started by this idiot "Roaring Kitty" posting one meme, I am not even kidding, just one stupid meme of a guy leaning forward in his chair, it's so cringey I literally feel embarrassed for them. These self indulgent greedy morons deserve everything coming for them.
It was a classic pump and dump, only the most braindead idiot would have been sucked into what just happened, but unfortunately, that's the majority of retail investors now.
Wednesday’s retail report is another piece of evidence that the economy is slowing. That’s good in the sense that it doesn’t give retailers the ability to pass along higher prices to consumers if they aren’t willing to accept them, which had previously been the case.
No it's not good at all because if businesses can't pass on the higher prices they're paying for products to their customers then these businesses are going to start losing money and when they start losing money the first thing they'll do is start laying people off.
LMFAO so they've just announced that the secret stocks Warren Buffet has been investing in is Chubb...and what is Chubb known for? They are know for their safes, in fact they've been making safes since 1835....where do you put your money when the banks collapse?
Yeh this fucker just got filthy rich because he was just good at investing, he's not one of their establishment puppets at all.
As I said in this video, they've publicly admitted that the country is broke but the masses are just so propagandized and brainwashed it's gone straight over their heads...I've come to the realization now, they're never going to wake up, they will sleepwalk to their utter demise.
An economic specter haunts America. It’s also one that many American politicians – Republican and Democrat – say a great deal about but are reluctant to address.
If you go to the Treasury’s website, you can see just how big that debt is. In mid-May, it was 34.5 trillion dollars. The pace of the growth in that debt is equally stunning. Approximately 1 trillion dollars is being added to America’s National Debt every 100 days.
An economic specter haunts America. It’s also one that many American politicians – Republican and Democrat – say a great deal about but are reluctant to address.
The second factor at work is that US government tax revenues aren’t covering government spending. In 2023, the federal government collected almost 4.5 trillion in revenue, but spent 6.16 trillion.
While they can talk a big game about courageously tackling the problem, the political consequences of actually doing so are deeply unattractive for both parties.
America’s political class consequently chooses to live in a fiscal unreality. Yes, that may save their political skins. In the long-term, however, the specter of America’s National Debt’s profound dysfunctionalities will darken more and more of America’s economy. In that world, there are no winners.
Approximately 1 trillion dollars is being added to America’s National Debt every 100 days.
This economic delusion is coming to an end folks, the only reason things continue to look so rosey in our economy is because everybody has been living on their credit cards and Buy Now Pay Later loans (BNPL) and btw they have no data on BNPL delinquencies and you know it's ugly or they wouldn't be hiding that information from the public. I always knew that this BNPL bullshit (which suddenly emerged out of nowhere a few years ago) was about giving the sheeps more access to credit, especially the younger generations so they could kick the can down the road a little longer...well it's all coming apart at the seams now, credit is only good as long as the person can continue to pay their repayments and now they've maxed out all their cards and have no ability to pay it back this house of cards is about to come crashing down.
“In the first quarter of 2024, credit card and auto loan transition rates into serious delinquency continued to rise across all age groups,” Joelle Scally, regional economic principal within the Household and Public Policy Research Division at the New York Fed, said in a statement. “An increasing number of borrowers missed credit card payments, revealing worsening financial distress among some households.”
We'll need universal basic income - AI 'godfather'
A government spokesman said there were "no plans to introduce a universal basic income". 🐙
They say they've no plans to introduce it....bullshit! Clearly seeding the masses.
(This could probably go in breaking the supply chain as well)
"For more than maybe 150 years, the industry of the sugarcane was both the main export income and the locomotive for the rest of the economy. That's what we've lost."
https://www.bbc.co.uk/news/world-latin-america-68935247
Hey Boomers and GenX...party is almost over, hope you're ready...
The one serving the elderly, on the other hand, is projected to run short of cash in nine years — roughly the life expectancy of an 80-year-old. ...btw that's based on the current financial environment, this will change if the US has a banking collapse, stock market crash, housing crash, dumping of US dollars and the financing of more wars...
https://www.marketwatch.com/story/social-securitys-annual-report-is-terrible-news-for-seniors-7c6f03d2
Yes let's blame them because we allowed the financial system to become so corrupted and screw them over after we all pigged out at the trough, especially the baby boomers.
😂 Media trying to spin this as a good thing, this is not a good sign...it means even the rich are struggling financially and having to now shop at Walmart.
China dumps largest amount of US Treasury and Agency Debt in history (finbold.com)
This is not good folks, I hope people are starting to realize why they're using Musk to build skynet...even though they're putting their own satellites up eventually they will consolidate them all and there will not be one place on the planet where we are not connected to their skynet.
So Florida homeowners are not able to get insurance just as we are going into Hurricane season, and it's not just Florida, it's Colorado and other states now too... yeh that's not going to get ugly at all.
Not a good sign when farmers are starting to struggle.
They're never going to deal with the deficit no matter what political brand comes into power, it's a fucking mathematical impossibility to pay off their debt, these fuckers are now putting Americans a trillion dollars further into debt every 100 days!! How the hell are they going to reverse that when most of the debt is now due to the interest payments on the debt??
Yes we should be fucking worried, very fucking worried.
It's not even hard to play these greedy gullible fools, this meme stock rally was started by this idiot "Roaring Kitty" posting one meme, I am not even kidding, just one stupid meme of a guy leaning forward in his chair, it's so cringey I literally feel embarrassed for them. These self indulgent greedy morons deserve everything coming for them.
It was a classic pump and dump, only the most braindead idiot would have been sucked into what just happened, but unfortunately, that's the majority of retail investors now.
https://www.reuters.com/technology/gamestop-amc-slide-meme-stocks-rally-loses-steam-2024-05-16/
They only question it after they've lost all their money...fucking idiots, smooth brains indeed.
Wednesday’s retail report is another piece of evidence that the economy is slowing. That’s good in the sense that it doesn’t give retailers the ability to pass along higher prices to consumers if they aren’t willing to accept them, which had previously been the case.
No it's not good at all because if businesses can't pass on the higher prices they're paying for products to their customers then these businesses are going to start losing money and when they start losing money the first thing they'll do is start laying people off.
Iconic Trafford Park Kellogg's factory to close axing 360 jobs
LMFAO so they've just announced that the secret stocks Warren Buffet has been investing in is Chubb...and what is Chubb known for? They are know for their safes, in fact they've been making safes since 1835....where do you put your money when the banks collapse?
Yeh this fucker just got filthy rich because he was just good at investing, he's not one of their establishment puppets at all.
WARRENEDWARDBUFFETT = 5 + 1 + 9 + 9 + 5 + 5 + 5 + 4 + 5 + 1 + 9 + 4 + 2 + 3 + 6 + 6 + 5 + 2 + 2 = 88
As I said in this video, they've publicly admitted that the country is broke but the masses are just so propagandized and brainwashed it's gone straight over their heads...I've come to the realization now, they're never going to wake up, they will sleepwalk to their utter demise.
An economic specter haunts America. It’s also one that many American politicians – Republican and Democrat – say a great deal about but are reluctant to address.
If you go to the Treasury’s website, you can see just how big that debt is. In mid-May, it was 34.5 trillion dollars. The pace of the growth in that debt is equally stunning. Approximately 1 trillion dollars is being added to America’s National Debt every 100 days.
An economic specter haunts America. It’s also one that many American politicians – Republican and Democrat – say a great deal about but are reluctant to address.
The second factor at work is that US government tax revenues aren’t covering government spending. In 2023, the federal government collected almost 4.5 trillion in revenue, but spent 6.16 trillion.
While they can talk a big game about courageously tackling the problem, the political consequences of actually doing so are deeply unattractive for both parties.
America’s political class consequently chooses to live in a fiscal unreality. Yes, that may save their political skins. In the long-term, however, the specter of America’s National Debt’s profound dysfunctionalities will darken more and more of America’s economy. In that world, there are no winners.
Approximately 1 trillion dollars is being added to America’s National Debt every 100 days.
This economic delusion is coming to an end folks, the only reason things continue to look so rosey in our economy is because everybody has been living on their credit cards and Buy Now Pay Later loans (BNPL) and btw they have no data on BNPL delinquencies and you know it's ugly or they wouldn't be hiding that information from the public. I always knew that this BNPL bullshit (which suddenly emerged out of nowhere a few years ago) was about giving the sheeps more access to credit, especially the younger generations so they could kick the can down the road a little longer...well it's all coming apart at the seams now, credit is only good as long as the person can continue to pay their repayments and now they've maxed out all their cards and have no ability to pay it back this house of cards is about to come crashing down.
“In the first quarter of 2024, credit card and auto loan transition rates into serious delinquency continued to rise across all age groups,” Joelle Scally, regional economic principal within the Household and Public Policy Research Division at the New York Fed, said in a statement. “An increasing number of borrowers missed credit card payments, revealing worsening financial distress among some households.”
Well, well, well.....
Rate cuts thrown into doubt amid rising wages and jump in US inflation