[Doomsday Economics] Home of Kirbeh's FREE SLICE ($25 delivery fee)

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(Thread IKs: skooma512)

Homeless Friend: Jul 16, 2007

Father Wendigo posted:

�We may be looking at the end of capitalism�: One of the world�s oldest and largest investment banks warns �Greedflation� has gone too far

$$$$ broken

# ? Apr 6, 2023 22:47

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# ? May 25, 2024 11:43

RealityWarCriminal: Aug 10, 2016

hobbez posted:

I don't really disagree with anything you all are saying.

To be clear, I don't think employment/rising wages are the only driver of inflation, just one of many factors. However, raising interest rates isn't only meant to reduce unemployment... It suppresses economic activity generally, and higher unemployment is a side effect. Higher unemployment is just where the most pain is felt

I still think it's just scoring cheap political points to rail on how interest rates increase unemployment without proposing an alternative policy option that will reduce inflation

Raise taxes on rich people and corporations

# ? Apr 6, 2023 22:47

Zodium: Jun 19, 2004

silentsnack posted:

yea but it's pretty clear willa feels some weird personal need to die on the cross of being technically correct that ["not *ALL* boomers are class traitors drinking the koolaid, it's only merely slightly just the overwhelming majority of them"]

willa's right

# ? Apr 6, 2023 22:50

Zodium: Jun 19, 2004

the overwhelming majority of people in the imperial core are class traitors drinking the koolaid, op.

# ? Apr 6, 2023 22:51

Xaris: Jul 25, 2006; Lucky there's a family guy
Lucky there's a man who positively can do
All the things that make us
Laugh and cry

that's right. treats ftw

# ? Apr 6, 2023 22:58

Thorn Wishes Talon: Oct 18, 2014; by Fluffdaddy

Willa Rogers posted:

Or, as I like to point out, how do you think your lives will improve when the last of the boomers die & dead-eyed technocrats like harris & buttigieg are running things?

our lives would improve in one very noticeable way: there would be no more boomers

maybe you yourself are a decent person but your generation overwhelmingly sucks rear end

# ? Apr 6, 2023 23:01

HallelujahLee: May 3, 2009

Thorn Wishes Talon posted:

our lives would improve in one very noticeable way: there would be no more boomers

maybe you yourself are a decent person but your generation overwhelmingly sucks rear end

i dont know which generation your in but it sucks rear end just having a loser like you in it

# ? Apr 6, 2023 23:01

Thorn Wishes Talon: Oct 18, 2014; by Fluffdaddy

HallelujahLee posted:

i dont know which generation your in but it sucks rear end just having a loser like you in it

im from the best generation: the millennials

# ? Apr 6, 2023 23:02

thechosenone: Mar 21, 2009

Well they're cutting back on the Koolaid so they're gonna have problems getting people to drink it when it isn't there.

# ? Apr 6, 2023 23:03

Willa Rogers: Mar 11, 2005

silentsnack posted:

yea but it's pretty clear willa feels some weird personal need to die on the cross of being technically correct that ["not *ALL* boomers are class traitors drinking the koolaid, it's only merely slightly just the overwhelming majority of them"]

Nah; as I've explained before, it's less of an ego trip and more not wanting to see self-id'd leftists fall in the trap of the austerity freaks & the bullshit they've propagated on behalf of capital to the detriment of class.

I'm dead soon anyway; it's the younger generations that are doomed by buying into capital's tropes, bc its bullshit will be going on long after the last boomer has died.

If there's a "weird personal need" it's among PMC making 10x what I do telling me how great I have it, lol, or being intent on ignoring the fact that a chunk of elders live in poverty, especially those who grew up marginalized by society for not being straight white men & whose lifetime incomes were impacted by that marginalization.

Willa Rogers has issued a correction as of 03:37 on Apr 7, 2023

# ? Apr 6, 2023 23:07

Willa Rogers: Mar 11, 2005

Uncle Boogeyman posted:

one way to find out

Good news!

# ? Apr 6, 2023 23:09

Uncle Boogeyman: Jul 22, 2007

https://www.youtube.com/watch?v=pXHSS3EXAQM

# ? Apr 6, 2023 23:12

NeonPunk: Dec 21, 2020

I get it Willa, I really do.

I used to get upset when women would get together and say stupid poo poo like "gently caress men! We would be so much better without them" and I always would had interject myself in and start off "Actually not all men are like that"

But I've learned over time that they don't intend to mean me and myself personally when they're venting about men. When we talk about Boomers, we aren't talking about you at all but the trope of those who are Boomers.

SlimGoodbody posted:

there is the very real issue of a humongous percentage of Boomers being irretrievably propagandized shitheads who, despite never really owning much capital, will ruthlessly defend the privilege of the ownership class to dry-fist into prolapse any kind of labor power, worker solidarity, or reforms of the status quo until it dies and gets kicked into a gutter to rot, at which point said Boomers will proudly give themselves a gold star because they think a boss somewhere likes them.

This is exactly the type of Boomers I had in my mind. There are plenty of people in their late 20's who have the total Boomer mindset.

# ? Apr 6, 2023 23:18

Xaris: Jul 25, 2006; Lucky there's a family guy
Lucky there's a man who positively can do
All the things that make us
Laugh and cry

NeonPunk posted:

I used to get upset when women would get together and say stupid poo poo like "gently caress men! We would be so much better without them"

it's very bad and reactionary regressive ideology when people do this too

# ? Apr 6, 2023 23:24

Willa Rogers: Mar 11, 2005

NeonPunk posted:

I get it Willa, I really do.

I used to get upset when women would get together and say stupid poo poo like "gently caress men! We would be so much better without them" and I always would had interject myself in and start off "Actually not all men are like that"

But I've learned over time that they don't intend to mean me and myself personally when they're venting about men. When we talk about Boomers, we aren't talking about you at all but the trope of those who are Boomers.

As I've said (repeatedly, lol) it doesn't have anything to do with feeling personally insulted & everything to do with the austerity freaks having achieved their 40-years-in-the-making goal of substituting generational warfare in lieu of class warfare.

As I've also said (repeatedly, lol) it's using a broad brush that ignores the marginalization that non-white, non-male, non-straight boomers experienced over their lifetimes.

Go buck wild slamming boomers! Tell us how horrible we are! Just don't be surprised when I've been dead for 20 years & come back to haunt your old age saying "I told you it was about class & not generations!"

Willa Rogers has issued a correction as of 23:13 on Apr 7, 2023

# ? Apr 6, 2023 23:30

mycomancy: Oct 16, 2016

https://www.washingtonpost.com/archive/opinions/1987/05/23/the-baby-boom-bloc/6558a491-1753-441c-bb17-2894b69b42f5/

# ? Apr 6, 2023 23:30

Zodium: Jun 19, 2004

Thorn Wishes Talon posted:

our lives would improve in one very noticeable way: there would be no more boomers

maybe you yourself are a decent person but your generation overwhelmingly sucks rear end

# ? Apr 6, 2023 23:33

Pf. Hikikomoriarty: Feb 15, 2003; RO YNSHO; Slippery Tilde

skooma512 posted:

Maybe showering the rich with cash via PPP and bailouts and MIC blank check bills does more for monetary inflation than regular people having a job that barely pays them enough to live in accordance with 2019 prices?

It's just funny how wages, hitherto notably already not keeping pace with the normal amount of inflation anyway, start go up a little bit and then the hammer needs to come down and put a stop to all that. Like even if one wanted to be a supply side dipshit about this housing alone is probably driving demand for higher wages because uh, people need to live somewhere and the landlords keep jacking up the price. No worry about the price spiral there of course.

it seems clear that asset bubbles in real estate, stocks, and crypto are currently driving inflation

# ? Apr 6, 2023 23:34

silentsnack: Mar 19, 2009; Donald John Trump (born June 14, 1946) is the 45th and current President of the United States. Before entering politics, he was a businessman and television personality.

Willa Rogers posted:

As I've said (repeatedly, lol) it doesn't have anything to do with feeling personally insulted & everything to do with the austerity freaks having achieved their 40-years-in-the-making goal of substituting generational warfare in lieu of class warfare.

As I've also said (repeatedly, lol) it's using a broad brush that ignores the marginalization that non-white, non-male, non-queer boomers experienced over their lifetimes.

Go buck wild slamming boomers! Tell us how horrible we are! Just don't be surprised when I've been dead for 20 years & come back to haunt your old age saying "I told you it was about class & not generations!"

Wasn't saying you're wrong but... ok suppose you succeed in this crusade. Just imagine it: nobody is allowed to use the B-word when writing low-effort shitposts again, from right now until the end of time. All crab-bucket categorism is restricted to making GBS threads on Accepted Targets you've signed off on and everyone is required to concentrate all their hate and anger against white cismale elected officials.

Does that sound like a thread you want to participate in?

# ? Apr 6, 2023 23:39

atelier morgan: Mar 11, 2003; super-scientific, ultra-gay; Lipstick Apathy

i will let comrade mao explain why brainlessly lumping together a whole collection of classes into the heading of 'boomers' is foolish and counterproductive

quote:

IV. WITHOUT INVESTIGATING THE ACTUAL SITUATION, THERE IS BOUND TO BE AN IDEALIST APPRAISAL OF CLASS FORCES AND AN IDEALIST GUIDANCE IN WORK, RESULTING EITHER IN OPPORTUNISM OR IN PUTSCHISM

Do you doubt this conclusion? Facts will force you to accept it. Just try and appraise the political situation or guide the struggle without making any investigation, and you will see whether or not such appraisal or guidance is groundless and idealist and whether or not it will lead to opportunist or putschist errors. Certainly it will. This is not because of failure to make careful plans before taking action but because of failure to study the specific social situation carefully before making the plans, as often happens in our Red Army guerrilla units. Officers of the Li Kuei[2] type do not discriminate when they punish the men for offenses. As a result, the offenders feel they have been unfairly treated, many disputes ensue, and the leaders lose all prestige. Does this not happen frequently in the Red Army?

We must wipe out idealism and guard against all opportunist and putschist errors before we can succeed in winning over the masses and defeating the enemy. The only way to wipe out idealism is to make the effort and investigate the actual situation.
V. THE AIM OF SOCIAL AND ECONOMIC INVESTIGATION IS TO ARRIVE AT A CORRECT APPRAISAL OF CLASS FORCES AND THEN TO FORMULATE CORRECT TACTICS FOR THE STRUGGLE

This is our answer to the question: Why do we have to investigate social and economic conditions? Accordingly, the object of our investigation is all the social classes and not fragmentary social phenomena. Of late, the comrades in the Fourth Army of the Red Army have generally given attention to the work of investigation, [3] but the method many of them employ is wrong. The results of their investigation are therefore as trivial as a grocer's accounts, or resemble the many strange tales a country bumpkin hears when he comes to town, or are like a distant view of a populous city from a mountain top. This kind of investigation is of little use and cannot achieve our main purpose. Our main purpose is to learn the political and economic situation of the various social classes. The outcome of our investigation should be a picture of the present situation of each class and the ups and downs of its development.

...

Our chief method of investigation must be to dissect the different social classes, the ultimate purpose being to understand their interrelations, to arrive at a correct appraisal of class forces and then to formulate the correct tactics for the struggle, defining which classes constitute the main force in the revolutionary struggle, which classes are to be won over as allies and which classes are to be overthrown.

# ? Apr 6, 2023 23:40

Zodium: Jun 19, 2004

atelier morgan posted:

i will let comrade mao explain why brainlessly lumping together a whole collection of classes into the heading of 'boomers' is foolish and counterproductive

mao's right

# ? Apr 6, 2023 23:44

mastershakeman: Oct 28, 2008; by vyelkin

Zodium posted:

the overwhelming majority of people in the imperial core are class traitors drinking the koolaid, op.

if you cant beat em join em

# ? Apr 6, 2023 23:56

Xaris: Jul 25, 2006; Lucky there's a family guy
Lucky there's a man who positively can do
All the things that make us
Laugh and cry

mastershakeman posted:

if you cant beat em join em

correct OP.

international flights are fun. going to japan this summer and then to NZ in the winter

gunna consume lots of treats myself

# ? Apr 6, 2023 23:59

Hubbert: Mar 25, 2007; At a time of universal deceit, telling the truth is a revolutionary act.

Xaris posted:

that's right. treats ftw

we are all victims of the terrible treat machine

# ? Apr 6, 2023 23:59

Precambrian Video Games: Aug 19, 2002

Please change the thread title, I keep reading it as "Pro-Kpop" and finding nothing of the sort inside.

# ? Apr 7, 2023 00:02

Willa Rogers: Mar 11, 2005

silentsnack posted:

Wasn't saying you're wrong but... ok suppose you succeed in this crusade. Just imagine it: nobody is allowed to use the B-word when writing low-effort shitposts again, from right now until the end of time. All crab-bucket categorism is restricted to making GBS threads on Accepted Targets you've signed off on and everyone is required to concentrate all their hate and anger against white cismale elected officials.

Does that sound like a thread you want to participate in?

quote:

Go buck wild slamming boomers! Tell us how horrible we are!

Seriously, I'm peacing out within a few years, sooner rather than later if lifespans by income actuarial tables are correct.

I'm pointing out to my comrades, as someone who's watched this particular morality play come to fruition over the past four decades, that blaming boomers, as opposed to blaming capital, will neither improve your lives nor make them better after the last boomer has kicked it.

But if it makes you feel better to buy into what austerity freaks (and freaks like shrike & thorn) are selling, keep on keeping on.

# ? Apr 7, 2023 00:03

Willa Rogers: Mar 11, 2005

jesus christ, I spent most of 2010-2012 arguing with freaks like evilweasel & LL that obama was wrong about his grand bargain & that "entitlements" was a loaded phrase but I never thought I'd be arguing with leftists who are licking the poo dripping from shrike's rear end in a top hat, lol.

# ? Apr 7, 2023 00:05

FlapYoJacks: Feb 12, 2009

Thorn Wishes Talon posted:

im from the best generation: the millennials

millennials largely overwork themselves until they burnout and hate life. They are bitter and lap up their bosses poo poo while asking for more as their bosses stomp on their faces.

GenZ doesn�t take anyone�s poo poo and will leave a job if another person offers a dollar more or at the first sign of a toxic workplace. Gen Z is the best generation. I say this as a 36y/o millennial.

FlapYoJacks has issued a correction as of 00:11 on Apr 7, 2023

# ? Apr 7, 2023 00:09

FlapYoJacks: Feb 12, 2009

Willa Rogers posted:

jesus christ, I spent most of 2010-2012 arguing with freaks like evilweasel & LL that obama was wrong about his grand bargain & that "entitlements" was a loaded phrase but I never thought I'd be arguing with leftists who are licking the poo dripping from shrike's rear end in a top hat, lol.

lol as soon as I learned about UHC and how Obama cut it from the ACA I knew he was a useless shithead. There were so many loving libs on this site that lapped his poo poo up.

FlapYoJacks has issued a correction as of 00:16 on Apr 7, 2023

# ? Apr 7, 2023 00:10

JamesKPolk: Apr 9, 2009

Hubbert posted:

we are all victims of the terrible treat machine

the treats are highly-processed

# ? Apr 7, 2023 00:10

SlimGoodbody: Oct 20, 2003

Zodium posted:

mao's right

[doomsday economics] mao's right

Willa Rogers posted:

Seriously, I'm peacing out within a few years, sooner rather than later if lifespans by income actuarial tables are correct.

I'm pointing out to my comrades, as someone who's watched this particular morality play come to fruition over the past four decades, that blaming boomers, as opposed to blaming capital, will neither improve your lives nor make them better after the last boomer has kicked it.

But if it makes you feel better to buy into what austerity freaks (and freaks like shrike & thorn) are selling, keep on keeping on.

Always worth remembering that olds are considered a heavily conservative bloc largely because being poor and being a worker with no capital is a death bottleneck that only leaves suburban fascist vampires alive. Rest in solidarity, comrade. I don't know whose generation will live to see capitalism die, but I appreciate you carrying the torch of socialism through those years where it was very unpopular to do so. My generation couldn't have picked it up without you. 🫡

# ? Apr 7, 2023 00:17

mastershakeman: Oct 28, 2008; by vyelkin

i just had to help my friend figure out the ACA website, they still hide the plan view w/o making an account because they dont want people just able to see financial numbers! he's potentially switching jobs to a startup that doesn't offer healthcare and trying to figure out the math on it

the good thing for him is he isn't married to his decade+ partner, so despite her having health care through her job he isn't disqualified from getting a subsidy . I did have to walk him through the delights of projecting future income , mathing out if you can get cost sharing reductions by calculating 140% of the FPL and how realistic that is for his family size, how you can avoid a premium cliff at 400% of federal poverty line by using a tax refund to add contributions to the past tax year's IRA, all the greatest hits! truly it is a technocrat's dream

# ? Apr 7, 2023 00:20

sleep with the vicious: Apr 2, 2010

RealityWarCriminal posted:

Raise taxes on rich people and corporations

# ? Apr 7, 2023 00:21

shrike82: Jun 11, 2005

https://twitter.com/unusual_whales/status/1643939356871213056?s=20

# ? Apr 7, 2023 00:21

silentsnack: Mar 19, 2009; Donald John Trump (born June 14, 1946) is the 45th and current President of the United States. Before entering politics, he was a businessman and television personality.

Willa Rogers posted:

Seriously, I'm peacing out within a few years, sooner rather than later if lifespans by income actuarial tables are correct.

I'm pointing out to my comrades, as someone who's watched this particular morality play come to fruition over the past four decades, that blaming boomers, as opposed to blaming capital, will neither improve your lives nor make them better after the last boomer has kicked it.

But if it makes you feel better to buy into what austerity freaks (and freaks like shrike & thorn) are selling, keep on keeping on.

Nah it was meant as an absurdist joke, mildly poking fun at you taking yourself too seriously. Not suggesting you should stop so much as that it's probably futile but for what it's worth good luck thought-policing an insane asylum I guess?

# ? Apr 7, 2023 00:22

Delta-Wye: Sep 29, 2005

a bunch of financial bros sitting around a table, joking about epstein's island while really trying to sus out which of their coworkers had been there they all love lil st james

# ? Apr 7, 2023 00:24

Rand Paul: Aug 2, 2009

Zodium posted:

willa's right

# ? Apr 7, 2023 00:28

wynott dunn: Aug 9, 2006; What is to be done?

Who or what can challenge, and stand a chance at beating, the corporate juggernauts dominating the world?