Comments by "IIIRattleHeadIII" (@badass6300) on "CNBC"
channel.
-
53
-
3
-
3
-
2
-
2
-
2
-
2
-
2
-
@goldwinger5434 Yeah right, lack of connections, lack of upbringing, lack of opportunities as well due to the lack of wealth. Schools and universities are useless and I do mean actual engineering degrees and in the US you can't even get one without going into debt, but that's a whole different story.
On top of that, the rich are getting richer and the poor are getting poorer, despite the poor working more advanced jobs than ever and harder than ever, and longer than in the past 80 years and soon it will be longer than ever.
Because the rich avoid taxes through tax deductions and all sorts of evasions, they snowball and snowball. At the same time, they take away money from the economy and circulation and profit much, much more than the growth of the economy...
And their investment in the stock market is almost always buying stocks from another stock trader, not from the company so they don't invest extra money in the company, just get ownership and potentially dividends.
On top of that starting, your own business in most spheres now requires a lot of money, the mentality of people to want to work only for the biggest companies means that small, medium and even smaller-big businesses can't grow and expand.
So you basically have to luck out to succeed on top of putting at least 80 hours of hard work a week for your entire life...
Basically, the chances are almost comparable to the chances of winning the loterry and are approaching them with every decade.
The other option is to invest and hope nothing goes wrong, but yeah right. And then spend your life accumulating compound interest and again hoping nothing will go wrong, but it does about every 12 years or so for the past 50-55 years. or so.
And everyone fails to mention people whose investments weren't big enough to survive those downtimes and crises.
2
-
1
-
@sandycharlton1707 yeah no, economies aren't real either, just like currency they only work because people believe in them, pretend they are real and accept them.
And when I say accept them, I mean they are forced to accept them, well everyone born in the past few thousand years... I doubt many would accept them willingly, except for the people who invented and spread the concept in the first place and the first generation to accept it...
And we have to accept it, just like laws, otherwise the group of people with guns, tasers and bats will come and murder you, or even worse lock you in a room for the rest of your life... Freedom!
1
-
1
-
1
-
1
-
1
-
1
-
1