• Infamousblt [any]@hexbear.netM
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    11 hours ago

    This is good for Bitcoin.

    Unironically though it does seem as the western economies collapse we’re seeing people pull money out of less conventional things like Bitcoin and 401ks to try to make ends meet. The Real Fun time happens when those start running dry and people still can’t make ends meet. Capitalism must drain all of these savings and savings adjacent accounts to continue to prop itself up; once those are empty it will have to find yet another source of “value”

    • sewer_rat_420 [he/him, any]@hexbear.net
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      10 hours ago

      I already had to liquidate my IRA to make ends meet this year. And I think we are relatively well off when it comes to income.

      I had a pizza delivery driver, she was maybe 50-60 years old, the other day venting to me how she didn’t usually take on the night shifts because it’s to dark out for her, but she has to. Then she apologized for venting to a customer but I tried to let her know I understood.

      The working class in this country is just so worn thin at this point and we have nothing to show for it. This Christmas is going to be a disaster for the retail sector.

    • nothx [he/him]@hexbear.net
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      11 hours ago

      once those are empty it will have to find yet another source of “value”

      People are also already selling plasma too, so I can’t even make the joke about selling our literal bodies to make ends meet…