Comments by "Ace1000ks1975" (@Ace1000ks19751982) on "USHANKA SHOW"
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@UshankaShow The trade off is like this. Today, we can buy cheap goods from overseas from places, like China, India, Pakistan, Vietnam, South America, etc. The costs of the stuff we need, like housing, medical care, education, child care, insurance, & various services have gone up a lot. It is a trade off. If you own your own home without any debt, you are probably doing good. If you have a mortgage, pay rent, or have other kinds of debt life isn't so rosy.
In the USA, everything we need to survive has gone up a lot, and everything we want has dropped in price. Back in the 1970s to early 1990s, electronics and imported items were expensive. The cost of living was relatively low back then. We can have all the toys and trinkets, but people have a lot of difficulty paying their rent. This is the difference.
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@MrAnonymousRandom If investment firms decide to put all their money into buying up real estate then that will push up the price of real estate. Since Wall Street has most of the money in the economy, the can buy up most of the real estate pushing the price up artificially. As a result, regular people suffer as a result. People who don't make enough get pushed out of the area, or they end up in the streets. This is why we are seeing a surge of homelessness in cities, like Los Angeles, San Francisco, New York City, and other cities.
You are saying capitalism doesn't have problems? Capitalism and socialism both have problems. In the end, if the price of real estate rise at a level where it cannot keep up with wages then we have a big real estate bubble. We have a bubble in other parts of the economy, like the equities market inflated by artificially low interest rates for the past 11 years. When it does pop, like it did in 2008, these guys on Wall Street will get bailed out again, right? Because they have all the right connections in Washington DC. LOL
This idea that capitalism is perfect is BS.
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@among-us-99999 If videos aren't monetized, and people watch them Youtube loose money. It costs money to store videos on servers, it costs money to process videos before they are posted, it costs money to provide the bandwidth for people to watch those videos, etc.
This is why Youtube stated on December 10th, 2019, they will start deleting Youtube accounts that aren't economically viable. Youtube is still in business, because they are subsidized by Google. In reality, Youtube is losing billions of dollars every year.
On Dec 10th of this year, Youtube will probably delete thousands of accounts. They will determine if your channel is profitable to them or not, and if it isn't then they will delete it.
A lot of Wall Street backed companies, like Uber, Lyft, Amazon, Youtube, etc are mostly living off of investor's money. They are being subsidized by investment money which is sold to the public in the form of stocks. That's it.
Once the money starts to run dry, these stock prices will drop, and these companies will go under.
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@among-us-99999 People were getting around the demonetization of politically charged channels by using Patreon and getting donations from other sources.
People who were talking about controversial topics were getting demonetized since 2017. Controversial topics tend to get a lot of views, it doesn't make any sense for Youtube to not monetize these channels, because it is costing Youtube money.
Youtube isn't interested in being a forum for political discussion, it is a forum for people to make money, and for Youtube to make money in the form of advertisements.
I heard a lot of talk about these disgruntled people who said they could start their own platforms. Good luck with that, you will have to spend millions of dollars to get started. You need to investment in enterprise grade servers, the personal to maintain it, the bandwidth, the space for the servers and other equipment, the cost of electricity, a website, etc. All this costs a lot of $$$$$, so if this wasn't free. You would have to pay for it, the viewers would have to pay for it, like $20 to $30 per month.
If Youtube cost money for people to watch, not many people would be watching it. It's as simple as that. Unless the content is really interesting, I will probably not pay $15 to $30 a month to be subscribed to one channel.
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