Seems like expropriating the middle class is one of the last (relatively) untapped sources of profit available to the system. There are still a decent number of retired office-workers with maybe $1M in a 401k and maybe half that in home equity. Add in the small business owners and small-time landlords. A lot of the economy is based around siphoning a couple percent here and there out of this group, but at some point they’ll get desperate and find a way to take it all at once.
Christ is it really down to that? They’re siphoning the last vestiges of what the system had previously paid out during a more equitable time? Oh god lmao
Yeah I’m just waiting for them to figure out how to somehow screw the index investors.
I mean, everything I’ve saved is in low cost index funds, I just assume I’m going g to wind up getting fucked and am powerless to stop it or make any choice that would keep it from happening.
Seems like expropriating the middle class is one of the last (relatively) untapped sources of profit available to the system. There are still a decent number of retired office-workers with maybe $1M in a 401k and maybe half that in home equity. Add in the small business owners and small-time landlords. A lot of the economy is based around siphoning a couple percent here and there out of this group, but at some point they’ll get desperate and find a way to take it all at once.
Christ is it really down to that? They’re siphoning the last vestiges of what the system had previously paid out during a more equitable time? Oh god lmao
well there’s still social security that could be gutted
Yeah I’m just waiting for them to figure out how to somehow screw the index investors.
I mean, everything I’ve saved is in low cost index funds, I just assume I’m going g to wind up getting fucked and am powerless to stop it or make any choice that would keep it from happening.