Comments by "clray123" (@clray123) on "Michael Bordenaro" channel.

  1. The thing is poor people are usually not articulate enough to talk about their problems.
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  2. I think it's a natural feature of a system with finite resources to go around and potentially an infinite amount of virtual money that can be created to represent those resources.
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  3. The woke wonders of a renowned pandemicist Justin Trudeau.
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  4.  @cockyhemi  Except after US loses a major war.
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  5. Lol sound advice is not 3-6 month emergency fund, it is having so much fu money that you are not dependent on being employed by someone else.
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  6. It's quite realistic some time after you died.
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  7. Don't worry, the "AI" is gonna save us.
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  8. The cause for the rise of bitcoin (besides of naivety and gambling and CIA money laundering schemes) is countries like Russia imposing capital controls on their own citizens or getting sanctioned by others. When you live in a country in which your government/bank can potentially seize your assets in a very near future, and where you cannot easily transfer money into safer assets abroad, putting them into a virtual digital scam money scheme as a last desperate measure may no longer sound like such a dumb idea. This is of course if you hope to be able to somehow recover it and convert into actual money later on, which may turn out as problematic if your ass is in prison in your beloved home country or if the foreign country refuses to open bank account based on your political leanings or nationality.
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  9. When the government has the power to take away and squander what you earn, there is little motivation to support such a system.
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  10. Well, from the point of view of a robot, this is a favorable outcome. Who is to say "the people" are what our armed-to-teeth rulers care about?
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  11. That's physically impossible!
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  12. When push comes to shove, they can always print more money. And they will.
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  13.  @melissasmess2773  Some "assets" are actually liabilities.
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  14. Lol u lost me at the banning social media bs. It's like government deciding what's good for you all over again. Remember the pandemic?
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  15. It is not even about money. Mad politics such as the pandemic have demonstrated to people that even if they HAVE money they can be forbidden from spending it by a tyrannical government within a few days. So why bother collecting "assets" if they can disappear at a whim of a bunch of corrupt politicians? Property rights today ain't what they used to be.
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  16. Yeah everyone will become a computer/data science PhD mastering research on new AI models. Or a physical laborer, an expendable biorobot of some sort, controlled by the AI and the PhDs. It's as easy as that.
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  17. Not every profession is suitable for small business. You cannot start a bank or an oil drilling company or an AI research lab as a small business - many areas need substantial initial capital to even get going.
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  18.  @erictheblue7256  Just wait, you will have your stress when those living in debt will demand your "debt free" wealth to be redistributed among themselves...
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  19. @ Well, a populist government will be eventually put into power which will introduce special taxes to "save the motherland". Those taxes will most likely not hurt the richest people (as they can always evade elsewhere), but they will rob the remaining middle class to "support the poor and relieve the suffering". The masses, incited by channels like this one, will happily accept that as "justice". Who knows, if economy goes down the drain further, the current government may already be planning stuff like that under its current "anti-socialism" cover. It mostly depends on who will control the police/military force and how it will react to economic downfall (if government is concerned about police potentially revolting against them, they will gladly support the mob and victimize all those not directly related to the ultrarich, but still having enough to be redistributed away).
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  20. Wealth taxes will not hit just "hand me down wealth" (although inheritance taxes will likely be part of the package). They will hit anyone who can be effectively taxed, except by the few making the rules from the above. Such taxes will be welcome by the poor majority as "social justice" (although maybe they will use a different word than "social" to sell it in the US).
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  21.  @davecrupel2817  In most places on Earth it's not.
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  22.  @davecrupel2817  But USA is steadily becoming a 3rd world country, so why would you expect 1st world reality.
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  23. ​ @davecrupel2817  I wouldnt be so sure, you even have a dictator now.
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  24. Do not ever attach liberalism to such policies. Liberalism stands for freedom, the term was specifically perverted in the USA.
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  25.  @karengrice2303  here in Germany I paid (converted) $260 USD for half an hour work of a plumber with a motorized cleaning spiral.. wow. that is more than a lawyer charges per hour here!
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  26. Synapse's CEO is already busy building another scam, an "AI robotics company"... raised $11M smh
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  27. Well if you dont trust banks, your government will do their best to inflate away your money, and on top you will be robbed by actual burglars to take away the rest.
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  28.  @Maynardd  Just wait till you want to buy something/anything with your bitcoin and everyone else tries the same.
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  29. The funny thing is that if everyone keeps saving and spending thousands of dollars less per month, this will in effect wipe out the jobs. So rather than having high prices, you will have no prices, simply unable to buy stuff because businesses go bankrupt because of your savings. This is the same problem as "AI" in automation, although from the reverse side: there you eliminate jobs, making people unable to spend on your future products.
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  30. But if there were no buyers, prices would drop. The reality is there are enough buyers, but they are not from the working class.
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  31. The same sort of moronic government (and people who vote for them, apparently).
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  32. Just as a little reminder, the remote work policies were not made up voluntarily by companies, they were forced onto them by the crazy government.
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  33. Maybe because the rich guy doesn't complain about having no work nor blame others for it while being lazy - while the poor lazy guy surely is going to.
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  34. But I bet you were clapping during the pandemic.
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  35. Obviously the crash is not allowed to come before the election.
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  36.  @karenpinheiro5238  The tech workers are gonna be hired back when the AI bubble/scam eventually collapses.
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  37. It is a globally orchestrated scheme to prevent stock markets from collapsing.
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  38. The official way to do it is to use laws that oblige you to prove the source of the funds, and if the proof is unsatisfactory, first freeze and later seize the money. In fact this scheme is already operating in some formerly civilized countries - the main idea of the trick is to make you look guilty until proved innocent (the reversal of normal principles of law).
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  39. Sounds like US has already overtaken Chynuh.
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  40. You basically let the state build a socialist prison hating individual liberty in order for you to feel "safe". I guess you get what you deserve.
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  41. Come on, some walk around nice neighborhoods and talk to camera while doing it.
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  42. Well put, it' called peak demoralization.
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  43. You could see how much their government loves their working people during the pandemic.
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  44. Just buy a pair of sunglasses and walk around whining about things while filming yourself. A bulletproof solo business model.
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  45. Clearly the numbers were cooked for the election.
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  46. Or let them become so poor that they have no other choice but to work to survive.
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