Comments by "michael" (@michaeld4861) on "Wall Street Millennial" channel.

  1. Wow. If the "penalty" for a crime is only to pay 1% of the money you made from that crime..... then that's like incentive to keep being as criminal as possible. This is how rich people inflate their wealth, power and egos while the rest of us get poorer generation after generation.
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  2. Actually they both spend more and invest more. lol Otherwise the yacht/rich toys industries would be in trouble.
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  3. Almost 8 billion people on the planet.... we can't just keep increasing that number forever.
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  4. By this theory (migrants depress wages) we should have the highest wages ever compared to economic output since the birth rates have been going down. But actually we see the opposite, lower wages compared to output. mmmmmhhh 🤔 sounds like some republican "fear brown people" scheme.
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  5. Because they pocketed the difference while hiking the price. Consumer pays more, utilities get less, JP keep everything in between. This is like some real organized crime syndicate shit.
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  6.  @cantu7614  I was going to say the same thing. In the book "thinking fast and slow" he refers to studies done on wallstreet investors and they lose to the market 99% of the time. lol Just invest in VOO or something and you will beat most of these investing "legends".
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  7. Sure but more robots doesn't mean less people (ie. consumers). It just means higher economic output per person (since robots scale up production more than people can). The problem then is that why pay a person when a robot will work for free? But then there will be no way to stop the billionaires (assuming there's at least some hope right now lol).
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  8.  @LockCard  I doubt that would change anything. (Being recorded that is) Politicians these days are openly corrupt and accept all kinds of corporate money. Just look at Joe Manchin, Ted Cruise, margerine tattor grain-fed, etc. Not to mention most scientific institutions and their corporate funded studies. I mean in this video, jp morgan admitted to wrongdoing (and it was proven) and they were still able to bribe their way out of any consequences. That's just the same as rewarding them for defrauding the entire utilities market. We all know, and they still got to profit from it with zero consequences.
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  9. wireless charging ftw
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  10. But they did. Most assuredly the reaped more scheme money than they paid fines otherwise they wouldn't have had to bribe anybody to look the other way and at the very least, somebody would have gotten in trouble. I'd literally get in more trouble for getting caught with a joint or going 3mph over the speed limit then they got.
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  11.  steve jobs wannabe  Bill Gates and Jeff Bezos are also crooks, just in different (less convoluted) ways.
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  12. "Migrants depress wages"??? Then how does having more kids solve that? Adding more people to the population is still adding more people, doesn't matter where they came from.
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  13. wow very enlightening. So, far from sticking up for the people during the GME hype, he actually took advantage of them by pumping and dumping GME. what a fucking tool. I hope he loses all his stolen money.
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  14. So this is basically the only time we are sad to see a billionaire lose.... Fuck MLM's
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  15. Infrastructure helps everyone. You can't buy or profit from a wall.
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  16. In other words if you have billions of dollars you can take any risks you want because the government will always bail you out no matter how stupid you are... us poor people have to deal with the consequences of our actions.
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  17. What a dumbass. I think it's "silly" to bet against technology and the future. EV's already cost less than gas powered in the long run.
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  18.  @fortomorrowwehunt8449  theres no such thing as "survival skills" in the middle of new york city. Or really anywhere for that matter, there's just not enough land in the us for any significant amount of people to live off of like the old days.
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