Comments by "John Smith" (@JohnSmith-op7ls) on "How Money Works" channel.

Hard truth: Shake Shack isn’t good, you’re just comparing it to burgers that wouldn’t pass for food in most countries
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@aaronvt9980 No, what’s normal is deciding what you do with your money. Because it’s your money. Taking vacations is hedonistic? Lol, what are you, some Amish farmer who snuck a smartphone into the barn so you could make YT comments? Since you think enjoying your life with the money you earned is wrong, and that others should decide if they get your money or not, I decide you have to give me every cent that doesn’t go to your most minimal survival. Hand it over or prove you’re a hypocrite.
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⁠ @strafniki1080 God forbid they spend their money to live and not give it to entitled sociopath brats who just see old people as people who can’t die soon enough so they can get their cash
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“30% of the young adult population will have their financial plans ruined” lol, what? First, how garbage is your plan if it relies on getting an inheritance you haven’t even bothered to check is being left to you. You not only make a plan based off assuming you’re getting money, but then what, just making up a number of how much it’s going to be? That’s not a plan, that’s just dumb. Second, an inheritance should never be the crux of your livelihood. That just makes you a self-entitled brat waiting for someone to die so you can take their cash. What a bunch of sociopaths.
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This isn’t running away, it’s colonizing a new territory
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@dalton6108 I don’t plan on making up an assumption that I’m getting something, then make another baseless assumption that it’s going to be X Amount, then use that as the base of my financial planning.
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How exactly did their wealth come at the expense of younger generations? Everyone claims this but nobody can explain in detail much less prove this is the case. Most of their wealth is the result of owning homes and being around decades longer which obviously means you’ll have more since you’ve worked, saved, and invested longer. Most Boomers started their careers when wages went stagnant and inflation was high, in the 70s, not a whole lot different from now. It doesn’t make sense to say that Boomers ran everything as things declined because the people who actually ran things were maybe a few thousand people, not a generation of tens of millions. Ok, well maybe blame them because while they didn’t all run things, they did vote for people who did? Also makes no sense as younger generations vote for officials and policies which are just more extreme versions of what Boomers were voting for. The things that have lead to stagnant wages and increased inflation and national debt (mainly rampant immigration and social welfare programs). While the Boomers did their part in making things worse, this idea that they did it all and Gen X, Millennials, Gen Z, and Alpha are all hapless victims who never did anything wrong, is just a lame scapegoating attempt. And that mentality will just make things worse as you can’t fix what you’re doing wrong if you pretend you’re doing nothing wrong.
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@ChinchillaBONK Nursing homes already exist lol
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No, the reason why new company registrations skyrocketed in the US in 2020 is because Amazon’s crackdown on foreign sellers and elimination of de minimus lead to countless Chinese making many, many new LLCs to sidestep verification checks and some customs complexities. Many Chinese sellers will make dozens even hundreds of LLCs with nonsense names to sell the same products under. That’s what the vast majority of these new companies are
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⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ @onelaststop Not harder to manage at all. You don’t need to “see facial expressions”, this isn’t a date or some high stakes negotiation. If you’re using your office job to get human contact, you need help and need to stop annoying everyone at work with your lack of a personal life, nobody took their job to be your friend. Needing “course correction” by micromanaging supervisors to be more productive is the real myth here. Nobody is more productive with someone looking over their shoulder and harassing them. And what work is management getting done if that’s what they’re doing? Sounds like another middle manager trying to rationalize away the fact they’re not needed
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Big Macs are like 90% “bread” and lettuce, not sure you can honestly call them a burger
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“One of the fastest growing markets is people buying groceries” This is how you paint a false narrative. Take a vague fact, frame it so people get the impression that most people are buying groceries when really this could mean 1% were a couple of jewels ago and now 2% are. That’s a 100% increase! Most people are using these to buy things they don’t need
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@dalton6108 What are you taking about? Did you even read my comments? Because your responses make no sense in their context
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@PassportBrosBusinessClass The extra heart disease is free!
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It’s mostly about firing people without firing them and having to show cause or pay out severance
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@blogdesign7126 Musk at least isn’t trying to turn Texas into California. No fan of his but there’s a big difference between moving somewhere because you want to embrace it and a moving there because you want to change it, especially if you want to change it into the dumpster fire you’re m king from. This goes for the soy latte SV types as much as the economic migrants from other countries.
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@Anonymous-ld7je Created by Boomers? So Boomers were cashing in all that COVID relief money, scamming all those PPP loans, and they make up most of welfare recipients? Did they Al run up all those student loans being paid off by the tax payer?
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Because there used to be white people working there
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@fcdl5688Cooking in animal fats is so much better for you than toxic seed oils that give off inflammatory aldehydes and polymerize, and vegetarian deserts? It’s already over processed enough, don’t need to make it worse to cater to a fringe minority pretending they’re more healthy
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@dannybeane2069 Math still off as the population is declining.
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@cbp0512 Also their kids and grandkids, statistically speaking, will squander the majority of the wealth and by the time great grandkids roll around, nearly all of it will be gone. Spoiled brats generally don’t know how to make wealth, only waste it.
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@dannybeane2069 Immigration is the only reason why the US population has been growing hit immigration is already past unsustainable, and those immigrants can’t afford to have kids once they’re here. I highly doubt the population will continue to rise too much longer unless the US is going to just completely open the flood gates and let everyone in the world in, in which case it will almost instantly become a failed state. Your retirement plans will be the least of your worries if you stay in the US at that point. You’ll be like the average person in Haiti right now, trying to survive day to day
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@aliannarodriguez1581 That’s global population and those projections were made with outdated data. The most recent data shows populations declining much faster than anticipated around the world. Just look at China. Not only did they see massive birthdate and marriage decline in just the last 2 years but overcounted their population in the last census by at least 200m people
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@AlexMint But, Obamacare fixed all that! Oh wait, no, it just forced tens of millions of subsidized customers onto a corrupt, broken system leading to year after year of record profits for the healthcare industry. I’m sure the solution is for the government to keep subsidizing even more. Prices always go down when the gov pays. Worked great for tuition!
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@simonpetrikov3992 Nothing false about it. You already sacrifice for your kids by raising them. It takes an insane amount of time, effort, and money just to get a kid to 18. This idea that your life should be minimal survival so your kids can live on easy mode because they made poor life choices or are simply greedy, is BS. And the idea that it’s not even your choice, and something you just have to do, because poor life choice/greedy people say so, is even more BS. It’s also really hypocritical to have this coming from people who have no kids or if they do, won’t be doing the same for them, because they want this money for themselves. This isn’t a case of parents being rich and their kids not having food, it’s parents wanting to enjoy some of their life before they die and kids wanting to take that enjoyment money and blow it on am affordable luxury lifestyle for themselves, something they don’t want to work to earn and wait till they’re old to enjoy. Pure greed.
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