Was Charlie Kirk popular in Poland?

@Lyzko
Fvck you and fvck the left. Stop highjacking the thread with your leftist bvllshit.

Affordable housing? How about you live where you can afford to live. Cant afford NYC? Fvcking move! Cant afford Chicago? Move. Just because you were born in one city does not mean you have a right to continue living there at other peoples epense. All these leaches on the left who want a free or discounted ride in life. How about get off your a$$ and start making real money and stop asking for mine?

As if there were jobs (and health insurance) lying around everywhere you look..... I know people who've been trying for years to get a house and every offer gets swept up by Blackrock or similar.The goal is clear: lock people out of ownership and turn them into lifelong renters.... any system that does that is wrong. Period. No justification.

People are not interchangeable widgets who can be moved around like potatoes....


Why should Americans get tech training if all the entry level positions get filled by H1Bs?

What do you think you know about STEM education that Eric Weinstein doesn't?

x.com/EricRWeinstein/status/1988850209418268965

Lending to you, is a good deal more risky than lending to Blackrock.

Blackrock's balance sheet, is a good bit more solid than your family finances...

-//-

Blame the Fed. Blame the Treasury.

Their actions led to this place, where big commercial banks (Chase, Citi, BofA, Wells, etc) hate to lend to average Homo Sapiens, and instead prefer T bonds, institutional lending, and private credit exposure.

If a bank can earn 4-5% interest on a risk free Treasury with ZERO CAPITAL COST, the incentive to lend to households @ 7-8% goes to f*cking zero, once you calculate return on equity net of capital charges.

Bank of America, or any other bulge bracket bank, pretty much doesn't care if you drop dead and die - their business no longer depends on your silly mortgage or auto borrowing.

-//-

Bottom line - you can lend to the US government - at zero risk - and print money out of thin air...

... or you can lend to Joe Six Pack to buy a house, which he will default on in 4 years when AI finally and conclusively kills his job.

Who would you rather lend to? Uncle Sam, or tomorrow's recipient of Universal Basic Income?

Soon, AI will manufacture, distribute, sell, and buy things. Then, we will be at the beach to paint, write poems, and meditate...Or post on PF...

@Novichok
Three possible scenarios:

1) It will kill us all. In this scenario, global GDP goes to zero. No humans = no economy.

2) It will lead to a growth in labor productivity, such, that levels will reach the average for the 20th century. The economy will expand significantly, but not without pain for the displaced.

3) The end of scarcity. Nobody has to work anymore, and everything is available in abundance.

4) Everybody will be a drug addict or a therapist.