The coming innovations of the singularity are not shit though, people should figure out a way to build replicating robots (robots made out of legos, and the robot makes the lego parts out printing or molding resin), so we can build solar panels and compute at a massive scale on the moon and sahara.
The catch is how do you balance the work it takes to build a home and drive enough of a profit to maintain a business and grow and continue to build more homes?
@@chriswf Buy a house that's already made, do nothing, sell at 2 to 4 times the price you bought it for a few years later. Collect rent while you wait, they pay the mortgage, you don't. You don't provide any value to society yet make tons of money for having money in the first place. The renters stays renters forever.
Growing up in my fathers house, it was ALWAYS clear, that, that place was not mind, I did not belong there, it was only a matter of time before I was out, and he would never call or care that I existed. Thanks for everything Dad. You low life piece of crap.
When you obliterate the means of a society - which started in earnest with the end of the gold standard, and the destruction of value of our currencies ever since that point - you generate a hopeless society, you generate a society that learns to reject the morales that can't get them ahead in life, and they will ultimately lose their optimism, which will turn into resentment, and pessimism. Apathy happens when you have no fight left.
@rich3090 - Nah... it was done a long time ago, way back. Even Cicero, in his observations in "The Nature of Gods" as spot on in a lot of observations, and are relevant to this day. And that is just a starting point for more information/knowledge/observations. Do you think anything is somehow different now? It simply has to do with a "human nature", and that... hasn't been changed at all. Pure greed and competition. At some point even Alan Greenspan, mentioned that in one of his interviews. Pure... human nature, basic one. All because you (on average) have been conditioned to that since the early childhood, going through the basic education system designed mostly to produce "workers and good employees", your parents and general environment, day to day work - all of whom are repeating the same message. And at the end you are most likely thinking that this is "normal". You may "feel" different from time to time, knowing that there is something wrong there or maybe it shouldn't be like that, but you cannot put your finger on it, cannot vocalize that fully. And your feeling is right, it is just you going to ignore it anyway, put it somewhere at the back of your mind. Leave it for later. And you are not going to do anything to change it. After all, the economy and stock market must grow constantly - we are bombarded with that basic info all the time from various media (even if the resources are limited; you cannot get more stupid and ego driven than this), and "I'm happy to be working 8:00 to 17:00+ every day" (not including the time to get to the office and back), doing almost the same things every day while waiting for my retirement, in the name of all that. A pinacle of the average life, with a house and a car, and a holiday once a year, watching entertainment all day long, and going to a local pub/restaurant/short trip once in a while. "Bread and Circuses" - and not much has changed since that "observation". Too bad for everything else, including human nature, and taking care of your spiritual/internal growth - as there is no time for it anymore. Including taking care of the planet itself. Do you think in Cicero's time, all of that was somehow different? Nah. At the basic level, all the same: Bread and Circuses. All about greed, temporary power, holding more resources than the other guy, chasing your own ego with complete disregard of the nature/planet - and so on. Nothing has changed since then.
@@tannhauser5399 Well said. People, in general, are mean spirited and often quite spiteful in going about their daily activities. It's not a good foundation for a evolving socioeconomic landscape.
There is a saying in some Eastern European countries from the time of socialism, they pretend to pay us, and we pretend to work. Zero commitmen,t quality goes down, prices go up. To sustain the 1% again. pushing out the curve
We should all just be CEO's and youtube 'Influencers' like this guy. Lets all be Andrew Tate. I don't know who the mugs will be for us to rip off and get rich off of, but I'm going to attract into my being the life that I want by focusing on it. Fkn work ethic man. All it takes.
@@BonusHole I work an insane amount of overtime each year so that I can invest more. But cost of living is so insane that even though on paper I earn a 90th percentile wage. I can't afford to buy a house anywhere close to wear I work. And the boomers and Gen X think we're all just retarded while they gatekeep everything. The housing market is just a giant game of hot potato, hoping you're not bag holding when it finally crashes. And the Job market has had the lower rungs of the ladder deleted so that you cannot advance your career.
The host doesn't seem to understand that he's an outlier. Yes, you've owned companies, employed thousands of people, made excellent money, etc. but the world can only have so many "you's". People like him often have a hard time understanding that 99% of people out there are having totally different/opposite life experiences from him.
@@1_jahwarrior Very true. They think it's all them and their "hard work". They don't seem to understand that others work just as hard, or harder, but didn't have things line up the right way. A lot of variables are factored into success. "Hard work" is only one part.
@@diabetusdan8 It's a weird mindset to me. All my life I've understood that there are haves and have-nots. I understood that some have a better chance at success in life than others. I understood that I was blessed to be born in the US, in the year I was born. My life would have had an entirely different trajectory if I was, say, a female born in China when they only wanted male babies. It baffles me that some people think everyone has the exact same life. I mean...just take a second and look around.
People like him are part of the problem. Business owners who don’t pay enough to match the cost of living, and then rationalize it by saying “it’s more than I made at that age” or justify the disparity in their income vs their employees with “well I worked my ass off.” They’ll always demand “the truth” but will always find a way to exclude themselves from it, or any complicity in the problem.
@@QEsposito510 You can't really expect him to be a non-profit out of the generosity for strangers or his country. He pays what you're market price is. The problem lies in artificial dumping of your price via immigration and inflation, because you're paid in cheap dollars while rich assetholders just get a big loan which depreciates itself automatically and get richer by owning appreciating assets instead of living of $ wages.
I started realizing this when I bought a house. My mortgage wasn't changing. Rent went up every year. My mortgage never went up. At the end the renters were out all the money. Me? My house had doubled in value. Borrow money, then devalue the loan so it shrinks without even having to pay it off. @@user-fn2oy1rq5p
@@styxrakash4639 The ignorant incel and sexist men here disgrace the channel…what are you doing wrong that your channel attracts these losers? Men have fouled their own chances by voting Republican and expecting to be rewarded for their loyalty…Mire people are joining Unions than ever, even doctors. You can’t go back losers… nothing but taxing the billionaires and businesses fairly, shoring up Medicare and social programs and investing in education is going to help America. But you’ve already lost with your throwback mind set.
History tells us that the initial lack of consequences for the elites is not a new phenomenon, and it ends the same way. The only new aspect to the game this time around is that they think their bunkers will save them from the bullets and blades. In the end, whether they go mad or starve underground, or come out to the face the consequences, the net result will be the same.
My father had a GED, worked in a paper mill and provided our family with an incredible middle class lifestyle. In 1978 he told ten year old me, “the goal is not to raise the standard of living in all these other countries, it’s to lower ours.” I never forgot that.
Many people say that the system is broken and needs to be fixed. But the truth is that the system is working exactly as intended and needs to be destroyed.
Historically, marriage has been viewed as patriarchal, wherein the husband holds authority over his wife and family. However, the introduction of marriage license contracts by the government introduced a secular element into the marriage. Pastors who officiate marriages using government-issued licenses have legally destroyed Biblical marriage and promoted an egalitarian view of marital relationships. This governmental intrusion into the religious domain undermines the autonomy of religious organizations and compromises their ability to uphold traditional values and principles. Furthermore, the acceptance of government-mandated marriage licenses tacitly endorses the state's authority over marital affairs, relegating religious institutions to mere conduits of state-sanctioned unions rather than guardians of sacred vows. In this way, feminism and egalitarianism infiltrate religious organizations under the guise of government-sponsored initiatives, eroding traditional patriarchal structures and promoting secular values within the government church.
In fairness one of them knew why but was making the point, the other person (in red) was puzzled and was trying to pin it on the stereotype of the lazy young person who just can't match his "insane work ethic".
Exactly. Work ethics as a simple employee is a joke. It a scam to shame the little guy into higher productivity with no gain. Also one employees high productivity makes the others look bad and if all others follow they just screw themselves over for the profit of the company
This is true, which is why in many professions you need to bounce after a year or two. If you failed to negotiate a compensation that is in line with your productivity, then you need to find another employer that values your time and talent properly (or create your own company, or become a private entrepreneur).
The correct way to get rewarded for working hard it to do the bare minimum day to day, and then when you are on a key project with a lot of management visibility, work 80-100 hours for a few weeks and be the hero. Rinse and repeat. It's worked for me, at least -- I've tripled my compensation in ~5 years.
I have kids and I'll tell you, it gets a lot harder to raise a family when your community is no longer built around building a family and it caters to individuals instead.
Probably depends on a specific socioecological environment (pan troglodytes proactive political games over status, dispersed fertile females (social atomization) and offspring (antinatalism based on consent), compared to pan paniscus society based on more or less egalitarian female/male coalitions and playful prosociality/sociosexuality for promotion of group stability regardless of age and gender as a byproduct of domestication syndrome (Richard Wrangham). Not sure about Trobrianders, Kaluli, Sambia people, Marind Anim, Piraha, Big Namba, Kung San, Mosuo and all the extinct undocumented hunter-gatherer societies with different effects on epigenetic expression.
I have sooo much to say on this topic. But basically my generation of millennials got screwed over in so many ways especially the men. We work 60hrs and can’t even afford an apartment . I have to rent a room. How can I even begin to think about a family? Also the women are more selective now due to global market place of social media. No other time in history has men had this unique dilemma. The only thing we have going is that we’re not in war… at least yet..
One of the main reasons your generation got screwed over is because no one wanted to speak up. People saw all this coming, but didn't want to rock the boat. They rationalized everything away and approved of everything, while tacitly knowing it was wrong.
We're moving to a more spiritualized culture on Earth. This will necessitate the old structures and paradigms of society going the way of needless things. You feel them crumbling away, causing rising chaos and disorder.
I'm raising 3 young men and understand why you see your situation this way. I can also say if continue to work hard eventually the tables will turn and you be on top. It's not forever.
I am a millennial. I have BS/MS engineering degrees from a reputable engineering university. Graduated with no student debt. I have a 6-figure salary at a large biotech company. I get glowing reviews from my managers, annual raises, promotions, and I am well-liked by my co-workers. And I cannot afford a new home anywhere in the DFW metroplex. Houses used to cost 1-2x an annual income. Now they cost 4-10x someone's annual income. And since property tax is indefinite, you actually never get to own your property. You just get to lease it from the government. And paying off the mortgage benefits the bank much more than it benefits the homeowner. And new houses are built cheaply, so you don't even feel like you're getting a good deal. How are the 80th percentile earners being squeezed this hard? I am seriously considering trying to build a small stone cottage in the woods. It is not economically possible for everyone to just go be a 7-figure entrepreneur.
My desire to retreat to the woods is off the charts as well. I have a doctorate and the debt associated with that but my finance and I make a combined >300k and are in the same book.
My wife and I absolutely will not have kids. Not because we dislike kids, but simply to spare the would-be girl or boy the terrible future of this world.
My parents bought their first home in a suburb just outside of major city in the 70's for one years salary at my Dad's middle income job. Mom stayed home and had babies, while Dad payed for everything. There is not a hope in hell that that type of living can ever return to the West as the purchasing power of our money gets eroded everyday. Why does no one talk about this?
because then they would have to seriously reflect on why we are printing money at the rate of achieving 1 trillion in debt every 100 days right now in order to fund social security, medicare, military expenditures, etc. it means at some point something has to stop and break.....no more social security, no more overseas military adventures, etc. People rely on this and don't want it to stop. the people are corrupt and so are the politicians.
"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless." - Thomas Jefferson
A generation that will never retire or own a home that slaves away harder than ever just to afford to rent a bed to sleep in. Thomas Jefferson predicted the future.
I'm 31 and earn way above average salary and cannot even afford a decent place to rent. Saving to purchase a house is not even an option. I've done all the right things society said I should do to be successful and I am not seeing any rewards for it... Modern society is a scam.
People area starting to wake up to the nightmare of their slavery you own nothing no vacations no fun no savings no life stressed out lil slave working 2 jobs to survive
I bought a used 30 ft 5th wheel camper made 20 years ago. I put a steel roof over it on a very rural lot where I can plant fruit trees, hunt, raise chickens, and grow vegetables. Cost was under 10,000. I put about 4000 into solar panels and batteries, and about 3000 into prepping supplies & tools, electric tiller,. mower & weedeater, air rifles, distiller, shortwave radios, seeds, fruit trees, etc.
So, rich guy who ran a 3000-employee business, can't understand the plight of a normal person, and constantly interrupts the person trying to explain it to him 😂 I am surprised. 😂😂
Dont you know its all thanks to his amazing work ethic? Just work harder for him to make him more profitable and everything will magically work out for you. Pinky promise.
Yeah, that bugged the hell out of me. Even when he's talking about he is paying his high performing worker better, I'm sitting here contemplating on all the high performing workers in vast corporations whose only way of making more money is to get a promotion to the next (and often noticeably smaller) tier hoping that their skillset still is valued in that tier but knowing they have to try even if they don't think it will be because it is one more step on the path to financial security. And then there is the fact that the financial security path itself keeps getting longer and longer with every major expense increasing at seemingly ever faster rates. I think it's great that he pays his worker better when they do good work, but also, financial security shouldn't be held behind the ability to be the absolute best at what you do. We've got too many people for that...seriously. Financial security (not riches) should be an everyday person kind of thing...and it is becoming more and more only a thing the elite have access to.
One thing I learned while being in the military is "work ethic" and working hard DOES NOT PAY. During Covid I was covering shifts for an airman that literally sucked the higher ups. She did the minimal, was always late and had a DUI. Our flight chief gave her Tuition assistance, gave her preferred vacation days and even got her orders to go to Europe. Meanwhile others and I where working non stop, weeks on end and where given more tasks. Several ended up in mental health at this time. So don't give me your bullshit on work ethic.
"Working hard" for someone else, especially if they're greedy and sadistic, costs WAY more than it pays. I'm a lawyer. First job out of school was traumatic. Imagine being forced to take on the workload of three people with very little experience and, when you ask for help, you get gaslit about "how easy the work is" by partners that have no meaningful experience in the field and are only in it for the money. Then to keep up with the workload, you work late into the night so often that you're on a first name basis with the janitor and have each other's phone numbers just in case either of you need to get back into the building late - only to later be told you're not working hard enough. Cherry on top? My salary was under the industry norm. I was constantly stressed and my health started to deteriorate. This host is operating under a skewed alternative reality.
Housing prices are the main issue. The boomers decided housing always had to move up and be a retirement vehicle. No one should buy a house and double their money in a few years. It's insanity.
Yeah the idea that you can take a single product, and _always_ sell it for more than you bought it, is just absurd. Not to mention, if their idea was to sell to younger generations, that means the entire retirement plan was "have the kids pay for it".
Other than the role of gadgets, me as a mother of 3 small boys, the s3* traffng and news about how so many people abduct children playing walking on the street RUINED IT. If only people never see children as a way of money and devious acts then you would still see kids playing on the street. Have you seen posts of missing children heck even teenagers and younger adults still go missing.. So no, I’d rather see and know my children are safe. We take them to parks anyway, but for them to be in front of our house esp having that one instance where a car with 2 adults inside started driving slowly and passenger side was about to open their car door- when they saw my 1yo walking on our driveway (i think they didn’t See me as I was infront of our van) frightened me as hell. Soon as I ran for my toddler the car sped up. So do not villainize parents who prefer their kids being in their house or just the backyard, blame it on the sick individuals with their sick immoral behavior.
True... my own neighborhood DIED. We all grew old, and no replacement. When I was young, there were a LOT of kids. Maybe it's for the best. This horrible system will collapse without new slaves being born into it. Probably WHY our country is being purposely invaded by people that'll breed, no matter what. Feed the machine. I'll die alone, but I'm good with it.
@@Runco990 You are never alone. You have yourself. You are having an experience that you are "recording" in a time of change. Live big? If you can't find love, create it. One day we all are leaving the body. What counts are that which we can take with us. We must use our time wisely. Love and blessings to you!
Past 25 years I came to my old street, where we were playing outside with the neighbours. Now I saw only one chield playing, though the playing equipment was modernised. To tell you the truth, I cried.
"If voting changed anything they would make it illegal." - Emma Goldman Tons of good political sayings are attributed to Mark Twain and HL Menken that weren't their quotes at all. I guess it just speaks to how legendarily intelligent both were considered.
We all do. The problem will take care of itself no matter what happens tho - even if no wars were to happen at all, on our current trajectory the West doesn't seem to have a whole lot of time left.
I would say most men feel this way, they have been betrayed by the society. Feels like it's close to impossible to date unless your friends can set you up with someone. We are more segregated than ever.
@@hopperstreams4487I hate being a doomer but the west either needs a 180 switch or some dire consequences, and I think judgement is surely coming because a 180 switch for us doesn’t seem likely
This is why a certain group of people have been kicked out of 109 countries throughout history. They hijack the government and the currency, and over time the currency becomes inflated. This happens over and over again and it is happening now, once again.
It's not, it's flat out theft. We don't even get to vote on whether to print more money or not. Banks and governments have prior knowledge before printing and can move their wealth from cash to commodity and then sell the commodity for a higher value later. It's insider trading...
He could really take his show to the next level by putting all his assets aside, putting together a resume with just his college info, and applying for jobs on indeed. Then working those jobs and trying to save enough for a down payment on a house in California. That would make great content.
Several reason that I see: Too much money printing has devalued the dollar, and hence, the reason for everything going up in price. Women's lib has hurt women by making them believe that it's more important to have a career than to raise a family. Men being turned off on dating by women's attitudes. Tic Toc Young people ha inv been brainwashed that the earth is dying due to ",climate " change.
@@Th3Chuzzl3rI was an entrepreneur, it gets to our heads..we think its easy, everyone can do it, not realizing it takes a certain personality type. I still struggle with that.
@@silvertone1 It's not just personality. There simply isn't enough room for all the people who want to be entrepreneurs, so there are always going to be far more losers than winners
His comments on older generations holding on to homes that are perfect for families is spot on. Sorry to say, but our elders do not have the same selfless spirit that older people had.
Holding onto homes they sell or rent or dying in place because they can't afford long term care and their children are too busy to provide elder care since both spouses have to work to pay rent?
I don't think that's really the reason though. If you've bought a house and own it, it really makes no sense to downsize in a lot of cases. Especially if your house isn't in a super expensive location, it'll often be _more_ expensive for those old people to downsize than it would be for them to stay where they are.
@@orirune3079 One of the big problems is that there's nothing to downsize to. Municipalities and developers have been pushing larger and larger homes for decades, and made it more and more difficult to build smaller houses, or senior-friendly apartments. A lot of the problem for seniors here is that they voted to create this problem. Many want to downsize, but can't -- but now both they and their millennial grandchildren are suffering for it.
How would I, as a newly retired person, when the downsize house I would but costs more than the house I’ve lived in for decades. The taxes alone works against be able to make that transition.
We're talking about real, physical objects vs intangible data. Of course the intangible data is going to be more accessible. Also I think the porn is a symptom, not really a problem in and of itself.
@@airmanof1 You can have all the porn you want my friend. But if they’re banning flavored cigarettes because of children, it’s hypocritical to not do the same with what children are consuming the most.
@@user-zf8ef6ek6y I find it a little strange how fast food restaurants have no smoking signs on them. Smoking and porn is bad for kids. But fast junk food and benzodiazepines are fine.
ths scam works like that. FED prints money, and buys stocks of companies like blackrock, black rocks buys hauses with printed money to drive the prices UP, they want expect return by not sellling hauses but by renting them, also they lobby for strick zoning laws, and setting high property taxes;) THAT IS SCAM
I am 43, we were allowed to fight on the play grounds at first, but, by middle school, got in a little trouble, but, not much. Now, they call the cops on you for fights... So now, we have all these, shit talking kids, that don't get beat up on the play ground...kids now, don't get to fight, they never learn the pecking order and it shows...@@KvaltorKvit
And when in time do you pinpoint this moment? Cus I can assure you it was much earlier than you think, we used to have child labor to make the commodity cheaper to give you a hint.
While simultaneously one guy argues that we should work more hours in our office jobs. Because this is exactly what you need when you want to have a family - spend no time with your family
@@ekaterinastaneva9922 That is a load of bs. Constantly we improve upon technologies and work methods to accomplish more in less time and somehow we still need to work longer hours both husband and wife to live the same life with a nice house, 2 cars, good food, yearly vacation and pension, that 1 working man could provide in the 60's. Back then they thought all that increased efficiency in production and administration witch a constant influx of new technology provided would have made everyone a king by now. Imagine that.
Who leaves child rearing unpaid? Humanity does! Who neglects the very origin of their species? Humanity does! Which species is about to eat it's snake tail into non-existence? Uh- Where can we find escapism and echo chambers devoid of self-reflection?! The faster humanity goes extinct, the faster the victims will stop suffering... Oh... But what do you know about the victims? You've never considered what their constant existence means, you never would've either.
My great grandmother bought a vacation home in Tahoe CA, half a mile from the lake, with money that she saved from working a part time job for two years.
And someone reminded me that it does not cost that much to build a good home. I feel lucky at least I have a clean one. But I share it, nothing in my budget to own after 24 years in the workforce.
The Covid scare panicked everyone. Really bad bug could actually cause a worldwide collapse. Remember the Four Horsemen of the Apocalypse? So why did the Davos Crowd begin a game of chicken with Putin?
in Chinese, "Country" is spelled as "nation + family" 國家. there has been 2 prominent saying regarding it during peace time, have harmonious family, have a prosperous nation during war time, if the nation falls, families falls with it. the a prosperous nation and a solid family can not survive without each other.
Maybe that's why they are allowing thousands to cross the southern border to try and keep the nation going...... because of the low birth rate of America citizens.
@@sunso1991 Eh, all you have to do is force the men to pay for the failure, then the nation can still prosper. And short term is all the ladies live for.
I grew up in Eastern Europe. It was socialist country. What defined you as a good person was how kind you are, how hard working you are, how knowledgably you are, (general cultural knowledge). Now its all about money. You are considered successful only if you get rich, and it doesn't even matter if you didn't make it legally or fairly.
Yes, how are we suppose to compete financially and as value laden individuals alongside 'women' who make 20k a month on onlyfans. With my skillset I could be teaching phd courses, but I'm a nobody. I have no credentials officially to do so, but I have the skillset. As a white, straight male who is anti-progressivism, no university in the US would ever consider me, even if I did.
I’m a living example of this statement, me and close friends have sat and planned out having assets put into LLC’s or family member names just so our security net doesn’t get removed. Women are terrified too, plenty of men who can leave them vulnerable as well.
It's UTOPIAN. (i.e. IF you take AWAY the "incentive, for hard work," for most people... then ONLY the superficial (5- 10% of the narcs and/ or psychos, motivated by "PERSONAL gain, and selfishness") are going to Excel in a world gone MAD... and turned, upside- down! (This "excuse, for a "society..." is already now: "circling, the New = in the worst ways "Old World Odor / to REAL Re$et," drain pipe.)
My grandparents payed their house in 5 years. They say that these were the most difficult and stressing years in their lives. Now we should pay for 30 years or even more.
Exactly, and out of reach altogether for some. When i saved up a 10% deposit here in the uk, they then declined and wanted 25%, then i heard about people's monthly payments going through the roof making a family friend homeless and my enthusiasm melted.
Yup. The supreme court ruled that 'protecting housing values' was a valid reason to infringe on the property rights of others. Suddenly, nobody anywhere is allowed to build anything -- because increasing supply lowers housing values. Dumb ass shit.
I love my wife and two kids, but simultaneously, my biggest regret in life is getting marred and having kids. The responsibility is enormous and expensive.
When my father was first married (1954) he financed a mortgage, a new car, and a wife and two kids off a labourers wage. These days it takes two salaries to handle a mortgage.
If you take away the incentives, people start to give up. For me it's constant layoffs, unaffordable housing, bad marriage values, economic stagnation, etc.
Yup. Ask me how pumped I am to keep grinding when I've been laid off twice in the past year as an over-40 straight White male with 25 years experience working in Corporate America's woke DEI/ESG-powered HR Departments. Odds are, my career is over and it's time to start waving at Walmart customers, or head back to school for retooling. To rack up $150-200K in new debt, graduating with a new degree that is worthless in the fight against blatant ageism.
This is unintentionally one of the funniest interviews I've seen in the past 1.5 hrs. The rest of the time it's just sad that anyone takes these people seriously.
@@WonderxSkills here is an example: around the 10 minute mark, they guys are basically saying: 'my workers don't have the same work ethic that I do. They go home after working a full day, and don't continue to work more for me once they get home in the evening, or weekends. I just don't get it'.
Real numbers from my life: in 2012 I was 32 y/o making $35K and renting a 1 bedroom apartment in Cape Canaveral Florida for $550/mo. That means 18% of my salary went to rent. Today, the SAME apartment rents for $1,400/mo. I now make $52K (same employer/job) - if I were still renting there, 32% of my salary would now go to rent. I went from putting 18% of my living expense toward my sh*tty little apartment to 32%. Not to mention, EVERYTHING else has increased in price since 2012 - I used to spend $50 a week on groceries/household items and my car payment was $240/mo & insurance was $75/mo. My groceries/household items now are $100 minimum. Luckily I am married now & don’t have to worry about money, but I feel awful for this younger generation. I don’t understand how they will ever be able to own their own home!
It's because we're in the early stages of hyper-inflation in a failed Keynesian economy. Permanent growth and permanent inflation work; until they don't.
well thats just it we wont unless the homestead act becomes a thing or the economy completely collapses aside from that not happening and on top of it its only matter of time before most of the jobs will be covered by AI
@@vladimirofsvalbard9477 Omg we’re in the EARLY stages? I cannot imagine it getting worse - or I don’t WANT to imagine it getting worse because it already seems demoralizing & unsustainable.
My grown boys are 25 and 29. Neither of them have any plans to have kids. They both have girlfriends and one is very serious but they both feel like they can hardly survive so why would they put a kid in that situation. It breaks my heart but I also get it. The world is so much harder these days. The bottom line is, I believe, we are watching the fall of our society and country. We are losing the humanity game.
Keyword: "we", the rest of the world are ticking over just fine. It's only western countries faced with this new and unique problem, and it's only a problem because we gave up our colonialist ways. If we hadn't, this wouldn't've been a problem.
I definitely agree with you. I’m old enough to remember the 70’s and people were patriotic and loved our country and were proud to be Americans. Today, I sense foreigners come here just to get work. They want a better life but couldn’t care less about our country. I also get the feeling the people in our government are doing things counterproductive for the country. It seems like we really don’t have to worry about Putin or any dictator invading our country. The current government, President Biden and the majority of the Republicans and Democrats in Congress are making terrible decisions that are destroying our country. Not securing our borders and giving billions to a Ukrainian dictator to fight a proxy war with Russia. That’s insane! So, yes, we are living through the end of the United States and I share the feelings that a lot of Americans feel. I don’t want the country to fail. We vote and it doesn’t seem to help. Both parties continue to promote these endless wars. Now that we have millions of these illegals roaming the country, we don’t have to worry about Mr. Putin or North Korea or China. Our own government is destroying the country and they have nothing but contempt for the American people. Why would anyone want to bring a child into this country? So he can be taught in the schools to change his sex? If I was still living in the 70’s and someone told me, this is what the country will turn into, I wouldn’t believe it.
@@nightowl5475 I agree with everything you’ve said. I was born in 73. This country is unrecognizable to me too. And there are reasons upon reasons for this but the bottom line is that’s it’s not fixable. IMO. Yes, the system we are forced to live in…the whole thing….you can’t even begin to list the problems with that but humanity…human beings…have changed drastically in this country too. I don’t have much hope left. Some days are better than others. I try to judge the world thru the people that I encounter every day. There are still good people out there. I try to be more kind and friendly to others. I love my family and try to keep us close. It’s the only answer I have to fix anything. Once you see and accept what’s going on, you can never unsee that. How do people go back into living in a system that is keeping them down and on purpose? The answer is you don’t. It will be interesting to see how this all plays out that’s for sure.
@@Carl-hs420a how did colonialism help the west? also what makes you think you can get it back? the english gonna go tell china what to do? go ahead and try it doubt theyll say "ok and thank you sir" to you but go ahead. the west isnt the only place with nukes
Fed up with this ‘ no one is having kids because men are addicted to dating apps” BS. I’ve tried it, it doesn’t work at all. And, good luck trying to find a high paying job unless you have a masters in STEM and can speak three languages.
I’m a disillusioned millennial whose pessimism about the world/my future just keeps growing. My bootstraps are about to be ripped off as they’ve been pulled up to their limit.
So many people like Tom make the mistake of thinking that when they started working harder and longer, that was the lone key to their success...when actually that was just another piece of the puzzle...nothing magic or special about it.
Very good point! Also they were being rewarded, that's why they work more. When I worked 60 hr/week as a young man who was getting $8.25, it didn't matter how much I worked, it just wasn't working!
Well sure, if you sweep floors for a couple years, you might make what an executive makes with one stroke of a pen on an off day. Work smarter, not harder.
It worked better when the lower skill labor wasn’t being pumped into the country en mass. Even moderate skill labor, which was more than adequate in past generations, is no longer viable unless you want to live in a small apartment in a crappy area and never have a family. You can only work so many hours and then throw health issues in the mix because we have a sick culture.
1. No fiat currency system has ever lasted long. 2. Having everything owned by corporations means that nothing is ruled or run by human beings. 3. There is no village.
@@ColbyAzimuth Just look it up. It gets complicated, the names changed - it wasn't always the same fiat currency, but it was always some form of fiat. Still used silver for international trade though.
@@vylbird8014 I spent a lot of time looking up a many different Chinese fiat currencies. None of them lasted longer than a century because of the huge inflation from over-printing. None. Not one. Is "just look it up" your standard answer when promoting wishful lies? Withholding information is not the same as informing people.
Im a 46 male. No children. I tried but never happened and have given up on that. Make very little money. Currently less than 30k a year. Almost no friends only acquaintances. I dont think I show it to much but a deep feeling of hopelessness. Blame no one but myself. Hard to face the day sometimes but I know im not alone in that.
Same. But you've dodged a bullet. Stay out of the rigged system. Find a hobby, stop drinking and drugs, and getting in better physical shape, made me feel much better.
Eric nails it. Our neighborhood is an upper-middle class neighborhood, but has had a lot of younger kids. But due to the significant increase in housing costs over the last several years, there is no way a couple in their early 30s with a five year old and a two year old can afford to move in. A new construction subdivision a few miles away advertises "Starting at $1.1 million." $1.1 million at 7.4%, you can't afford a 20% down payment, so you need PMI, so you are looking at about $9,000 per month in housing costs (mortgage, PMI, insurance, and HOA fees). You need a $340,000 household income to afford that. It takes two upper-middle class incomes. Two sales reps, two lawyers, etc. A lawyer cannot afford to have a stay at home spouse. A general practitioner doctor can't.
48yo US expat in Berlin here, lived in Seattle for 25yrs. This is a great conversation and Weinstein really hits the notes. Work simply does NOT pay off like it did in the 20th century, and being more driven as an employee will often get you chased off. Ask the working class Germans.
Yep! Totally. Having a work ethic might mean you'd have to fist fight somebody in the parking lot. But it comes down to the pump and dump philosophy leading our kids to believing that noone has their back when they excel.
Being driven as an employee results in you being punished. Either you scare higher ups and they try to make sure you don’t get any power, because they think you’ll overtake them. Or they’ll overwork you to cover up for the mistakes of some worse employee and effectively punish you for being too good.
About marriage: I married once, and in the first year my "wife" started talking about divorce already. The next 10 years or so was spent trying to extricate myself and our children from the perpetual abuse of this woman. She did divorce, and then it became 10 years of frivolous lawsuits and lies about my character. Good news, we are all safe from her now. Having set that up, the point I want to make is it never occured to me at the time that for her, our marriage ceremony was nothing more than a spoken word performance, a silly ritual / look at me party she threw to gain access to my resources. I thought they were VOWS, but for her it was just a string of words to get what she wanted. Marriage depends on character, intent, commitmant, etc, and in the Current Year people and particularly women have become so fickle and self serving that mostly, we lack a population capable of sustaining the institution of marriage. Having learned all these lessons and looking around, Ive met no one that merits that level of trust. So, I live happily alone in my huge house with my interests and relationships to my kids. I almost certainly will never marry again.
When you had your 3000 employees paying them a “FAIR” wage…could YOU own a car, home, raise a family and care for a wife with that wage in current day? Doesn’t matter if it’s more than what YOU made in the past…inflation outpaces. These people at the top need to get real.
They did. Now that there is no Soviet union they are not worried about ever being challenged. They do not fear revolts or anything like that. People in America barely have enough backbone to join a union. And many of the industries that could significantly further union goals. Are not allowed to be organized.
*"You will own nothing and be happy."* First, they came for the mom and pop stores, but we had Amazon & cie., and did not care. Then, they came for the farmers, but we did not care for we had Walmart shelves packed to the brim... Finally, the corporations came for *your house,* and there was nobody left to speak for you. How convenient if family-led businesses and farms all over go bankrupt. The *corporations* can swarm in, get the land cheaply, and feast on the dividends of renting the property back to the original owners. *In the end, you will own nothing, but you won't be happy.*
I Agree 💯. All of the land stealing and insurance ground and natural disasters that never got addressed. It happened in African American communities first, but we were called ghetto, lazy and intelligent. Now that people who can afford homes can't get them insured ( Florida). Have fires and they get nothing to rebuild ( CA and Hawaii) or not no water AZ and WA. We told you so
It's pointless to keep small stores alive. Amazon especialy is no problem at all, because it does not control anything you need, that's why it is so easy for people to not use amazon - what is also the reasl reason why the plutocratic system likes to blame it. The real problem are the oligarchs who control what you NEED to survive. Because you can't say no to it.
let's never forget, the car companies destroyed trains & walk-able cities, & roads used to be for people, but now they're only for cars going outside sucks because the outside is only for cars
I don't see any option anywhere. I'm getting 40 pretty soon and I feel hopelessness regurlarly. No mate and no financial exit. I save money but it never seems to be enough.
We're at the point where the lowest common denominator is being scalped for every penny they can squeez out so companies can have continued growth every quater, who wants to work hard for a future like that.
Corporate fascism. Big companies get bailouts while mom and pop businesses go bankrupt. The Pandemic was the most recent iteration of this policy as Walmart and Amazon got rich while we were locked up in our homes.
Most true comment on here Rich freeloaders are the problem We need wealth and asset limits to fix our current system of financial slavory and restore the free market
Yeah, that's what I learned today. Apparently share buy backs are used to manipulated company performance and then the company can issue share purchase schemes to dilute those shares and inject cash back into the enterprise. The perfect scheme for stealing cash from poor investors.
For example , my apartment complex mandates that renters must accept cable service, which costs $ 85 / month . Renters are being forced to pay for a third party service that they may not want The apartment ( MAA ) owns thousands of units in 13 states . An internal powerpoint presentation was leaked that showed how much profit could be made per unit paid to each party, i.e., MAA and Spectrum
@@boweevil6442 The rich guy club protecting their profits. Our old apartment complex in Maryland just went from $975 to $1600 per month in one year, with no upgrades, and no end in sight to the inflationary price hikes we are going to feel until we get the money printing debt problem under control in this country. Its going to be a blood bath for the peasants.
Educational system first to blame. It is not possible that at 25-27 years old you still haven't worked a single year in your life and and how are you supposed to have built enough wealth to start a family?
I am 54. I have 4 girls and they are all FUBR. My 20 year old wants to move out making $20 hour. We did the simple math and every month she would be $400 in the hole renting a 1 bdrm with just the basics going nowhere, doing nothing, and saving NOTHING. The average home is $450K in America with 105K salary to qualify. $450K in my city will get you a crack house. They are so screwed
We told our daughter to not buy a house. She is better off saving $20 a week and gaining compound interest. That will be worth more than a house could be for her.
@@Wilhelm4131 There are vanishingly few financially independent young men. The state takes everything from men. From education to corporations to government policy our whole society is designed around kneecapping men so women can use their shins as stilts to feel equal. Women only like men who are taller. Its not wonder marriage rates are in the gutter as with birth rates.
So rent a studio or share an apartment. 1-bedroom can be split into a 2-bedroom (one takes the living room). If they don't allow it pretend they are a gay couple. I don't understand the obsession with a 1-bedroom. A bachelor/studio/bachelorette is the way everyone starts out.
@@Wilhelm4131 Not so. Good men are the ones that were against this system when everyone else was mostly blind and went unheeded but for a select few. Now the "good times" are coming to an end.
The thing is, most people aren’t these smart ass engineers/scientists/computer geeks and work regular jobs that are grueling and low paying. The problem is-we aren’t paid nearly enough, most places don’t even offer good medical benefits/vacation time anymore. And then we are practically forced to live off of credit cards, which brings the debt way up and increases inflation. It’s all done on purpose. They want it to break so they can swoop in and take full control. Let’s just hope their plans fail!
When I was in my 20s, I saved on living expenses by having roommates and worked a lot with the focus on buying a house. I moved to GA at age 30 because housing was much cheaper than in MA. I rented (and again had roommates) for another year while looking for a house. Once I found a house I liked, I bought it and after moving in, I was stretched VERY thin on money so I got 2 roommates to help with my expenses. I must admit that I did not prefer living with roommates, but sometimes one needs to sacrifice in order to get what you want. I could have easily played the victim mentality card and said to myself that "it's too expensive to buy a house." However, I focused, saved and sacrificed until I achieved my goal of owning my own house!
@@hubertcumberdale2651 I can say that owning a home is well worth the sacrifice! My friends thought partying was the best thing to do in their 20s and 30s and to this day, they are still renting.
If a man can’t raise a family on one income, there’s a problem, and there’s been a problem since 2001. It got worse in 2007 as millennials were entering workforce. It got even worse during Covid.
True that. If you are between 25-35 years old your parents likely had the opportunity to purchase their home for 50% the relative value of today. 500K home today on an inflation adjusted basis to 1985 would be roughly 240k
It's been longer than that I'm 42 and growing up everyone's parents worked both mom and dad full time jobs. My grand mother went back to work full time when her youngest was in first grade that was 1963.
I agree with this. I'm a 36 year old millennial that got four years of the Bush era economy under my belt before The Great Recession. *Everyone* in construction lost their jobs. My parents were both boomers who were raised on single incomes, but all three of their kids are struggling to keep our heads above water in this madness. I buy little boxes of Folger's Instant Coffee and last year they were eight packs for $1. This year they became seven packs for $1.25. A small example, but a 15% reduction in product plus a 25% price hike equals out to 40% inflation on such a small thing.
lol this has been YOUR problem since 2001. I started my own company in 2008 and to this date made millions, just self education and hard work, not blaming other.
It's incredibly difficult to "create fear of loss in your employer if you want more money" especially when every employer out there knows they can get somebody younger and dumber for half the price and get two of them. I have repeatedly proven myself to be worth more with a strong work ethic, great attitude, incredible diversity of knowledge and experiences, and employers have consistently treated me like worthless crap.
The only way is to buddy up with the owner at a small-mid-startup. In those situations they can't just fire you, they need you to go out drinkiing on friday nights after work. Or one boss depended on me to score him cannabis before legalization. Those bosses need me lol.
As a paralegal working for a local law firm, what i have found with my job experience is: the more you are willing to invest in learning the job and industry you are in, and the more skills you acquire, your value to your employer actually can increase far above what you are being paid, which is a good thing because an employer who is "losing money" on an employee is going to fire that employee. So, one way to obtain a raise or promotion is to invest in your education and your proficiency in your job role. Develop the skills you need so that you become an INDISPENSABLE part of your employer's business, and try to get involved in different departments within your place of work. If you show through your work ethic, personal integrity and moral responsibility, AND you develop more skills and proficiencies over time, then when you approach your boss and request a raise, your employer is more likely to seriously consider your request. To summarize this, figure out how you can become indispensable at your current job; maintain high work ethic standards and personal moral standards, be kind to those you work with and work for, stay humble, and you will do well in your job and in life.
The problems started when they expected university graduates for jobs that don't require that education level. Even Computer engineer's can be self trained and educated outside of uni. This should tell you a great deal of where we went wrong, also nursing used to be an apprenticeship for woman not a 2 or 4 year degreee at uni. Big business is now doing graduate degree jobs for people who finish uni for jobs that don't require it, locking out people who may not of been able to afford to further education. It is funny how what started as a tool to further educate people ended up being the tool that kick started oppression and destroying the middle class.
education is big business. That's why as the years went by colleges started requiring more and more bs classes for you to pay for in order for you to get a degree.
Interesting that you mentioned that. I was looking into pursuing an on line degree in “Masters of Information Systems” but my friend said paying for it through a university was a waste of time. He said there are plenty of online classes that are free/cheap classes in IS and IT if I wanna get my foot in the door and learn about it
If you told me 25 years ago that I'd be making the money I am nowadays, I would've envisioned a much better lifestyle. I am only 44 years old. Let that sink.
And it is accelerating rapidly. Last year, I used to buy boxes of Folger's instant coffee single serve packets and they were 8 packs for $1. This year they have increased to $1.25 and now they are 7 packs. 25% increase in price and a 15% reduction in product equals out to 40% inflation in a single year. And for something so incredibly small. I'm stressing out about changing my oil because the brand I used is now $8.50 a quart. I'll change my front brakes at the same time and the pads and rotors are 50% more expensive than the last time I bought them. It really is a shit show, and when you try to talk to the average person about it they tell you to "not be so negative."
it's only going to get worse either we get more inflation or we get an economic recession or depression to "clear the system " id would look to move to a lower cost of living state if possible . @@CaliforniaCarpenter7
We're dealing with this at our company right now. We have people with engineering degrees running production CNC machines. The company claims to be devoted to letting people advance, but when any attempt to advance is made you never hear anything back from them. I run Swiss machines, which is one of the most complicated CNC machines out there. I've been trying for 2 years to get moved to the Tool & Die shop so I can learn manual machining and jig/fixture making. I've also tried to get time with the design and test engineers, but that happens rarely. My problem is they can't let me move anywhere b/c there's less than 10 people out of 300 employees that can operate a Swiss machine.
I think housing is really number one. It is all about stability. People say you can rent, but having to be worried about being kicked out all the time doesn't allow for stability. The only way to survive is to be rich. It is a rich or poor society now. Literally the same as it was back in the king and queen eras. Middle class is totally wiped out. Even if you are doing ok now you are progressively getting closer to poverty.
Very simple: Prices have gone up, salaries have remained stagnant since the 80's. Example: My father was able to work a job cutting grass, bought a home, owned 3 vehicles, took 2 vacations a year, invested 20+% of his income and was COMFORTABLE. Fast forward to now: I can barely afford to buy protein and refrain from going to the doctor because insurance barely covers me. Every problem can be directly traced back to capitalism.
It is not capitalism, it is communism. The central banks are doing this, and central banks are a Marxist idea straight from the communist manifesto....
The reason housing is so expensive is bc companies that rhyme with Brack Brock are buying up all of the single family homes, and the boomers are silent about it bc they're benefiting. Thanks for coming to my Ted Talk.
@jonarment1229 I isn't just parasitic companies buying not some, but instead EVERYTHING we need, like food and shelter to survive, by raising prices excessively. Foreigner Billionaires are parking their money in our real estate to protect it from their own governments. Foreign governments are cornering our economies or messing with them. But our own greedy banksters and politicians are the main culprits. Banksters and politicians encourage this behavior, so they can raise prices, interest rates, and taxes to line their own pockets. The only way to stop this, is to limit the rich from cornering the markets in our necessities by limiting both their personal and over all maximum investments in them. Or wait for them to go broke when they over tax the system and allow it to collapse so we and other investors can buy afterwards. Like what is happening now.
@@janed5077 the first thing you have to do is retake control of the currency. Our forefathers warned us about this. This is why history repeats itself. People forget every great civilization throughout the history of mankind had its currency hijacked by a small group of people who then take control of that nation through lending money to its government. This happens over 100 years ago already in America. This ship is sinking. There is no going back. Better luck on the next civilization
@@-Believeinyourself- Agreed. But not just control our own currency. How about our borders, criminals, fair laws and equal enforcement? But mostly control irresponsible politicians. Or worse, control corrupt politicians that sell influence for a price. Both of whom make MOST of this possible. Easy to do too. Keep it all transparent.
@@janed5077 for sure. But the reason we lost control of all that in the first place is because we lost control of our currency. They now have the power to buy people with a resource they just keep abusing. But yes, all of that matters as well of course.
The sad part is, it didn't during the years from after WWII up to 1970, during those years wages increased by a manageable level above the inflation rate, that is why the middle class grew enormously after WWII.
The problem is being a parent absolutely sucks because of the sheer amount of time and energy involved. Naturally, women are pushing back because they're nearly always the ones left holding the babies, it used to be the village that raised the children, now it's much more on the nuclear family will a lot less community support. It's stressful, lonely, expensive and all consuming thanks to societal changes. These changes are primarily the fault of the generation that isn't having to live with the long term consequences
It can still be done. I have friends who manage, they just rent cheap places - not nice condos - in sketchy areas. But sketchy in Canada is not sketchy in the usa. We may get robbed but we won't get murdered.
@@didforlove Not when the job is local and you need to be physically present. That 8 billion drops to maybe 100,000 locals and most are already employed or don't want the job. If you need to be healthy, ie stand or lifT sometimes...even fewer are prepared or even able. If you need to know the city well, that excludes all recent immigrants. If you need perfect English that also eliminates many.
"This degradation in the West. You do not have to be religious to appreciate it, to be appalled by it. You can feel it in your soul, in your own moral compass. Something terrible is happening to the West and a destiny awaits for it." ~Mike Jones, Journalist
@@horriblepancake Comparing the degenerative collapse of the west with an economic depression is, ironically, a symptom of a mind warped by that same degenerative society. Money =/= societal health.
I think it's a central "feature" of the western capitalist system. Inequality grows over time as gains are more and more concentrated to the 'top' earners and the lower and middle classes get squeezed. All of these issues discussed in this talk (ie. marriage, birth rates, home ownership (upward mobility), etc.) are all downstream of the inherent inequality that results from the modern capitalist system. With all that being said, what is the viable economic system to replace western capitalism? I'm not sure there's a solution...
@@bigtankmb western capitalism is actually Fabian Socialism, an ape of capitalism. verb (used with object),aped, ap·ing. to imitate; mimic: to ape another's style of writing. To overthrow capitalism from the inside and not through revolution
Social media has completely degraded a generation. Hardly any kid i see these days plays on the street or even hang out with friends... they r the most lonely and sad geberation on planet earth. I really feel 90s and esrly 2000 was the best time to be alive
@hubertcumberdale2651 Yeah sorry to hear that as well. New cars are designed to be money pits, that's how they make lots of money. We are in the age of Technofeudalism, and governments and lots of voters who want a housing crisis for profit. Imo, Capitalism has failed with each generation getting worse, I agree with Lauren Southern in admitting that. Solution is to have a referendum on Housing, and best option is that each Citizen adult can own a maximum of 1 residential home, and no commercial property unless they are the business owner. The extra govt revenue would mean you pay FAR FAR FAR less tax, and every working person would be able to get housing security.
Tom really doesn't understand every wealthy person is a surviving ship, espousing survivorship bias. People can literally do everything you did and follow in your footsteps without a single error and still not get to where you got because you as a person are the irrelevant factor, your choices never mattered to begin with. Everything was about how your support structure interacted with the exact moment of time that has already passed.
Great comment. I'm married to a "Tom". They think everyone can be them and have no clue about Price's Law, survivorship bias, etc. Success is based on a multitude of factors, much I'm afraid of which is entirely unknown and uncontrollable. Take Mozart, Einstein, J.R. Oppenheimer, and Michael Jordan. All had kids or students. None became the successes that their teacher/parent were. My point...even being coached/taught or genetically related to a successful person will not make one equally successful; meaning under the best, most ideal circumstances, you will likely not achieve great success. It's a very American trait; the belief that one can achieve anything if (fill in the blank...work hard, go to school, get your mindset right, invest in XYZ, wake up at 4:30 A.M. and _grind_ , donate to the TV preacher, etc.) No one wants to think that fate or fortune might be what ultimately take them to their destiny.
@@RodCornholio Chance is a huge factor. But guys like Mozart, Einstein, Jordan, etc. worked hard as well and didn't just rely on their good fortune alone. So if you're given some opportunities, you still have to work hard and smart. The worst thing is having opportunities and squandering them.
@@theplasmacollider6431 The statistics do not support your conclusion. Take for example Belle Dalphine and Seth Rogan. Neither worked hard or intelligently. Any economist can tell you the invisible hand of the market is not smart or hardworking. Markets and thus money is driven by emotion and women.
@@JayDee-vq5rf The market not being smart or logical still requires you to do work and be smart in order to game it. Also, for every Belle and Seth, there are a lot more people who worked both smart and hard and increased their odds of being successful that you don't know about. You're looking at people that are the multiple millionaires and billionaires. So already your statistics are skewed. Are upper and mid-middle class people not successful? Regarding Belle, I'll give you that one. But regarding Seth, you're assuming that he didn't work hard. Yes he had connections, but he probably worked harder than you think and was intelligent enough to woo the right people to help him out. If he had not put in the work in combination with his connections, he would not be where he is. I'm not saying that luck is not a huge factor. It is one of the biggest factors. But you can still increase the odds of success with hard work and smarts. Also, I recognize the powers that be, Black Rock, etc. are stacking the deck against the average folk and are eroding the middle class. But you can choose to do nothing or you can try and stack the deck in your favor with the card you have. Or you can start a revolution. But to succeed there, you still have to put in the work and make wise decisions if you want it to succeed. So are you saying that you can do nothing? That it's hopeless. What macro changes are you proposing rather than just complaining?
I've been saying this for the past year or so. I work 65 hours per week and can barely afford rent and the rest of my bills. I haven't ever felt so hopeless about my situation. I'm a single dad which compounds every thing exponentially. Praying this changes soon. Can't keep up this rat race
Teach your kid to have hope and accept any job that comes by. He/she will need it. Nowadays I don't even care if I have to shovel shit if it pays. I don't live for my work. That should be a motto for everyone.
What kills me is that the majority of my peers cannot see that this is happening and is a big problem. I work as a doctor and even amongst my peers people are not having kids because by the time they're set up in their career they're too old. Heck im only starting to have a family now at 37 years old myself. We make what is supposedly really good money in Australia and after tax and bills it just doesnt go anywhere, and we make like 3 times what the average household does in Australia - i have no idea how anyone on average wages are coping. Our current Australian government thinks they can tax the middle class into oblivion for all its problems, but they'll soon find the middle class wont be reproducing as they cant afford it...
I know Australians who brag that society was good 50 years ago there and school was cheap or free. Don't you think this is more of a global thing today? The powers that be want us to feel like we have low value or ability to afford things.
@@HelenSinger pop quiz. what ended around 50 years ago that would affect that? things are certainly getting bad in every western "democracy" because of top down policies. we're importing millions of people without having housing. we're undergoing the worst housing crisis in a long time.
That’s what they want. They want those that are used to a decent standard of living to die out and then replace them with an obedient, third world slave class.
@@rerite2 not necessarily…. Strong communities are often not the norm, in large urban areas. North America is 50%+ rural. And it’s these areas that still operate under a high trust/performance society
@@HarrisonCountyStudio -- From Census.gov: The percentage of the population living in rural areas in the United States, which is a significant part of North America, increased from 19.3% in 2010 to 20.0% in 20201. This change is largely due to revisions in the criteria for defining urban and rural areas by the U.S. Census Bureau. It’s important to note that these figures are specific to the U.S. and may not represent the entirety of North America, which includes Canada and Mexico. However, they do provide a useful reference point for understanding rural demographics in the region.
@@HarrisonCountyStudio do you have behavior or outcome stats to show that? Like that sounds more like a belief than a piece of evidence based knowledge.
As a foreigner - I first note obscene level of consumption by Americans even adjusted to their already gigantic salaries You just open zillow, see barn-sized homes and you have no question why they are expensive. 2400k sqft home is something nobody in the world would expect to be affordable
The extended adolescence thing has gotten out of control. People in their 20s and 30s think they are still teenagers, act like teenagers with jobs, and have the vague idea that they will mentally get serious and act like adults in their late 30s or something. And that hurts them. Because the best way to do it is to accept that the fun goofy teenage party is over by no later than 21 or 22, and then priding yourself on being an adult, a serious person. Building an adult work life/career. Building a family. Building up your money. Building an adult life. The things a teenager doesn't even think about, let alone do. Instead you have people like my mid-30s cousins who drift from work field to work field, have spent 12 or 15 years spending money as fast as they make it, who prioritize partying and dating-as-a-sport over doing anything lasting or meaningful in their lives, and say with great seriousness that at 34, they are tired of nightclubs and dating, and are maybe possibly starting to think about 'finding a guy and settling down'. Oh, and they just quit their job because the boss was being a dick. It's ridiculous.
More people go to university and competition has become stronger. I don't think the partying stereotype is true. Boomers think everything is like in their childhood.
The five marks of the Roman decaying culture: Concern with displaying affluence instead of building wealth; Obsession with sex and perversions of sex; Art becomes freakish and sensationalistic instead of creative and original; Widening disparity between very rich and very poor; Increased demand to live off the state. Edward Gibbon
@@katsullivanIn the future, looking back giving women the right to vote and putting them in charge will be seen as the key moment that initiated the extinction for the entire human race. It´s the equivalent of the asteroid that wiped out the dinosours. I´m not even exaggerating or being hyperbolic.
Only real point is the fourth one. The others are too vague to even begin with. And the fifth makes no sense, since state = community, and you overall ALWAYS are dependent on that if you don't live alone in the wilderness.
The main reason people are having less children simply has to do with access to contraception and women getting more freedom and higher education. Total fertility rate was declining even in the 1960s. Has nothing to do with anything else, the pattern is repeated everywhere. The only places it doesn't decline as much as those that have very conservative religions that restrict women (e.g. Islam and ultraconservative judaism)
@@johndrumpf9888this. It’s not some esoteric thing like omg the world/climate/economy is stopping me. People procreated through far worse situations. The underlying drop in fertility rates worldwide, in every major developed culture is due to the prevalence of female contraception and women entering the work force en masse. There’s statistically no chance that every single culture is going through the same thing and the answer to it be some esoteric thing like women’s feelings on the world. It’s literally birth control and women pushing childbearing into their mid 30’s hoping for a better tomorrow when it’s only going to get worse.
Economics can solve most individual people's problem (for a time) and that's why the host tries to melt everything down into gold guineas. What they fail to realise is they spend exponentially more time thinking about money than our parents, grand parents, and great grandparents ever did, and they can't understand why that's a _bad_ thing. This is because money has been turned into a measure that people can quickly use to compare themselves with others at a glance, even though the measure itself becomes increasingly more unreliable the more it depreciates. It's easier and quicker to measure unreliably than to unpack a measure that's more in tune with how we humans actually experience the world. Money money money, as the song goes.
The cost of rent is so high..most people can't save money to be able to afford to put down on a house..and many people don't understand credit or how to build it, and it's not really easy to build if you are literally struggling in poverty. you feel like you can literally never get ahead. this is where a lot of people sit right now..especially those who do not have a specialized degree. I also noticed that in some situations, people also struggle with materialism...people would rather be perpetually broke to buy that new great thing instead of investing or saving for a down payment on a house..so essentially giving in to instant gratification.
My wife and I missed out on children because of the cost of just trying to live. I've never been able to catch up. Most of my work life has been working two jobs at the same time. Wife works a decent job with marginal pay. Now my body is broken, we are childless and not much to show for. Then, people (mostly Baby Boomers) have the audacity to tell me I did not work hard enough. At least I have great in laws who understand and guide us the best they can. But still, it hurts.
@@neilb3299 I don't think anyone is making the argument homes have gotten inherently more valuable. When people point out the massive price discrepancy they're decrying how fake and worthless our money and consequently our wages are nowadays.
