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Joined 3 months ago
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Cake day: August 12th, 2024

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  • There is a large portion of the population that doesn’t know anything about how 401ks work. They are told their employer will take 3% or such out of their income and put it into a 401k account, and some part of that money will be matched by the employer (varying).

    Those who don’t know the market don’t touch the money, it is invested for them. So it is very possible whoever posted this is among those people. It is not always wise on their end, but if a professional can lose money investing large amounts for companies like that, so could an inexperienced person. The annual report for 2023 for my company’s investments saw loses as well. The little money I had was elsewhere so I lucked out on that part.





  • I only heard the clip from here… but it sounded like he said for long term prosperity, not necessary.

    I assume what he was saying is that people will suffer while we force the market to move into isolation.

    What he doesn’t want to admit to the populous is that to have long term benefits of cheap labor, you have to have cheap labor.

    So either you have that by being richer than other countries and outsourcing the labor, or isolating the country and subjugating a portion of the population so much that they are the cheap labor. That portion… Isn’t going to be small if it’s going to be able to provide everything for the rich who blast through resources like crazy.


  • It’s only going to be temporary though, see… we starve everyone for 30 years as we force ourselves into isolation, then those who are left… wait, who’s left, we killed the work force.

    They are pro free-market, so long as the market is contained and controlled in every measure by themselves. Okay so maybe not free, maybe more of an enslaved market. They are going to need to shop that name, stick with calling it what it isn’t for now, free