homeless shelters are at max capacity, for the first time since the great depression food banks are forced to turn away people simply due to the sheer numbers of people waiting in line. were at max consumer debt, the average homeowner is 50 years old & no one is employed. despite the fact america is collapsing and 32% of americans have to visit food banks to survive, yet the stock market is up 20%? We are outperforming years where we actually had a good and prosperous economy, during a recession...? how is this possible?
>>61554652America was never a welfare state.Those people can always go back to their socialist countries instead.
>>61554652Oh boy, it's the regularly scheduled lazy worthless retard gets mad at being poor thread.
>>61554652Perhaps they should all leave this capitalist hellhole and go back to their socialist paradises?
>>61554682kek this
>>61554678America used to tax rich people until (((they))) discovered it was easier to buy politicians rather than pay their fair share. Shit went downhill after that and now you have no rights. Good job!
>>61554652Almost 40% of S&P500 is the Mag 7 so a few superstar companies are propping up the economy. Also we're by definition not in a recession: GDP growth is positive and the unemployment rate is under 5%.
>>61554652The dumbass that I am, my money is all parked in crypto. I'm afraid I'll be sidelined forever
>>61554682OP BTFO
I need some context and more information about the homeless shelter shit. Food banks are being abused by everyone. Hundreds of videos on social media showing the parking lots at food banks full of Hellcats, Audis, BMWs, Mercedes, etc.
>>6155508920 years old Mercedes isn't rich
>>61554850>Also we're by definition not in a recession: GDP growth is positive and the unemployment rate is under 5%.doesn't feel like it though, seems ripe for a fucking, only matter of time.
>>61554682>>61554698>>61555056bot posts
>>61554652None of this is true lol, that’s why. We were much worse off three years ago, hence why the market dropped and went into a “vibecession”.
>>61554652Sure, and all hospital beds were at max capacity during covid. Have you checked any homeless shelters lately to back up your claim? If not do a 360 and fuck off
>>61555089A drug dealer drives a hellcat to pickup food from the homeless shelter and take it back to granny. On paper, the whole brood is living in poverty. Peak dystopian hustle culture
>>615546821000% this.Get a life OP and stop reading sensationalist propaganda
stop consuming doomer garbage, the economy is strong and corporate earnings are growing at a healthy rate
Imagine still being a poor loser after literally every single investment has mooned over the past five years, hell even the silver schizos are getting their moment and I was sure that would never happen
>>61555361Hospital beds were at capacity during covid you retard.
>>61554682
>>61554678based>>61554836income tax is barely 100 years old>>61555089just look at how fat people are waiting at foodbanks and it's pretty clear it's 99% a case of "gib me more"
>>61556571america isn't much older than that
>>61555879sure thing, rabbi
We're living through the largest financial gamble in history. All major tech companies are spending 100s of billions annually since 2023 on AI RnD and investment because they're terrified of falling behind. The result has been an asset capture loop - investors throw money at AI companies causing their market caps to climb, which in turn raises their weight in index funds like SPY and QQQ, which in turn increases the amount of capital passively invested into them. If AI succeeds and is implemented the way that money is betting on it, then skyrocketing unemployment massive societal chaos, etc. If AI does not succeed and is not implemented the way that money is betting on it, then massive crashes of financial markets and even more societal chaos and unrest. It is a lose-lose and either way and wealth inequality will only get worse. You should be buying puts on spy and QQQ expiring in 2027. If the market crashes, which I think it will, you will make out like a bandit and if it doesn't then it doesn't really matter because AI will have succeeded and universal basic income will be mandatory.
>>6155465290% of people are economically worthless. This is the folly of printing 40 billion a month like we're doing now:https://www.businessinsider.com/fed-rmp-reserve-management-purchases-balance-sheet-qe-treasury-bills-2025-1240 billion a month is an absurd amount of money. Think about it for a second: The entirety of the US below a net worth of several million combined would not make up the sheer force of 40 billion a month being taken out as buybacks. So what does that leave us? Since the entirety of the US' population can no longer stand up to government spending, Big Wall Street Line is now just government spending. Consumer spending, consumer costs, business spending, none of this matters because the flow of money is exclusively in the government hands and their chosen contractors, and the S&P is a measure of which contractors the government has chosen to succeed though government handouts. Get the picture?The rest of the economy could literally collapse and the entire country could become a feudal serfdom. Doesn't matter. If Fed still prints, line goes up.
>>61555361>do a 360... which leaves you facing the same way
>>61557374hospital beds were full during covid you retard. Mema didnt just get creamated alive.
>>61554652> homeless shelters are at max capacity, for the first time since the great depression food banks are forced to turn away people simply due to the sheer numbers of people waiting in lineI’m sure you can prove both of these statements
>>61555879>reduce capacity 75% for (((social distancing)))>oh wow we have no more beds>give us more moneyReminder the average age of a covid death was greater than the average life expectancy. Also the average BMI of someone hospitalized under the age of 40 was 43.1. Don’t be 80 or morbidly obese and you’re completely fine.
>>61557875Lurk more, newfag.
I mean I'M making a truckload of money and can retire at 40 tops so that sounds like a them problem.
>>61554682>>61554698>>61555056Post the original.
>>61558831America has a lot of people who are morbidly obese and they filled up all the hospital beds.Should've let the fuckers die to make room.
>>61557823You can't short a market where the underlying unit of account can be inflated.This is why gold, silver, bitcoin moons
>>61554652>how is this possible?Because of the money printing, you absolute retardWhy does this need to be explained to people a trillion fucking times?Abolish the federal reserve and most government intervention.
>>61554836>America used to tax rich peopleNo they didntEffective taxes in the 1950s and 60s were roughly the same as they are now.
>AI comes and every Manager from every little company thi ks they can replace half the workforce>/biz/ says AI is useless>AI advances and is Absorber into work Environment for real a few years later>everything seems like its going to shit, recession>inexplainable things happen that never happened before>/biz/ left in awe how Stocks and producitvity is just fine and going up while people have bo moneyOH GEE its a real mystery you fucking retard. You can cope all you want but companies are using AI to replace people and all data Shows it.
>>61559798AI bubble is just a symptomThe money printing is the problem
>>61554678>America was never a welfare state.It is now. United Soviet States of America.
>>61559798ai is useless, always was. it won't improve for years.workers are being fired because demand is shirking and there's literally no other way to grow, except to cut your wagies.
>>61559878>ai is useless, always was. it won't improve for years.Absolutely irrelevant, retard. Managers think they can use it to cut costs, so they will try it. It means less jobs for humans at least for a decade. Its as simple as. There is no way around it.
>>61559909firing wagies means recession. if you're growing by downsizing you'll eventually eat youself.
>>61554682L'chaim Mr. Sheklestein!
>>61554652>homeless shelters are at max capacity>food banks are forced to turn away peopleThis is a three-pronged problem. First, not enough housing is being built due to regulations and nimby-ism. Second, the large number of migrants has increased competition for housing at the lower end of the spectrum, where people are least able to keep up with price fluctuations. Third, welfare has become an industry rife with graft and run like cartels, whereas before it was an effort of communities and religious institutions.I hate to get political here, but politics is the solution. We need changes to public policy and public mindset. We can't keep incentivizing failure.>the average homeowner is 50 years oldThis is related to the housing issues above, but there is another aspect to keep in mind - people are living longer, which means inventory goes on market (or is passed down) slower.>no one is employedThis is an exaggeration. A large swath of people are underemployed or unemployed by choice. It's the perverse incentive of welfare. Welfare is so high that it is more "profitable" to stay unemployed. People are making a rational choice here.>yet the stock market is up 20%>how is this possible?The stock market is pulled forward. It is not solely a reflection of current economy, but our faith in the future. The market currently has a high P/E, which signals investor willingness to have a longer time horizon.
>>61560063I voted for this.
>>61554652nigger cattle need to be tortured. they got us into this mess.
>>61554652A company's success doesn't depend on the poorest people in the country, that's how.
>>61560063>price fluctuationswhen was this euphemism for inflation introduced?
>>61554652I voted for this
>>61560133Those are not the same thing. Prices at the highest end of houses have been stagnant if not coming down, because they have difficulty selling. Prices at the low end of houses and rental apartments have gone up. This is due to increased demand, of which immigration plays a part, and difficulties in increasing supply, because of zoning laws created deliberately to keep low-cost housing out. The result is that some people will be priced out and become homeless, while others are forced to buy more house than they need, which means that median home prices are affected.
>>61555089>Hundreds of videos on social mediaproofs?
This is what wealth stratification looks like. The top 10% of America are doing fantastically right now. And they are creating a bigger gap between themselves and the bottom 80%.I hate to say it but human society tends to look like this in history. The era of the big middle class and egalitarianism was a historical anomaly and a 90/10 split is more common. So this is basically regression to the mean. America is giving up on the things that made it unique and selling out.
>>61554678America has had serious welfare policies since FDR at least
>>61559667>morbidly obese>peoplePick one. But I agree with you anon, let the lard goblins die
>>61554652We aren't. The Trump administration is engaged in the sort of fraud and book cooking of the 80s USSR, and hope that jingle the Vebezuela keys in front of Americans will distract them from self inflicted and unnecessary economic suicide.
>>61560063It's more that stocks represent economic activity in a way that's more true in the face of monetary dilution. Asset holders in Venezuela did okay, for example, but regular people with cash got hosed.
>>61561943>cooking the books started with TrumpRemember when the Biden administration changed the definition of a recession so they didn’t have to admit we were in one? Or the multiple times since 1980 the CPI was (((adjusted))) to make inflation look better?
The dollar dropped significantly in 2025. S&P is about at the pre-tariff level now. Any perceived growth is equity values is only dollar devaluation.
>>61554682Juden!!!
>>61554652the stock market is not correlated to the economy, never has been.
>>61554652These are all good things.I voted for this.
poor people don't matter to the economy as consumers, only as producers
>>6155782940 billion divided by the us population of 340 million is $117 per person. 40 billion is nothing.
>>61554652the chart is based on economic activity, not prosperity, numbnuts
>>61554652Its weird because most of the people i know are probably richer now than they've ever been. Even my mom in her 80s is probably worth now more than ever (her house is worth 3x what she bought it for in 2004). My siblings (7 of them) are all doing well--most are boomers. I've got more money now than ever but i don't feel rich. I grew up ghetto poor in the 80s. My mom drove a Ford Pinto and my dad was a cop.
>>61555361I called a shelter and they said waiting time is about 2 days on average.
>>61555879>hospitals, which routinely operate at 90% capacity (capitalism), went to 100% capacity because a few hypochondriacs got scaredomg, what a crisis!
>>61554652This is what winning looks like, line goes up even if it means people lives get worse. And they just get crushed by inflation MIGA
>>61564769>only 60% of people pay taxes at all>stealing $2k/year from everyone is "a nothingburger"whew
>>61554652If you aren't part of the top 10% in 2025, you're lower class
>>61560063Absolute troglodyte, news consuming, room temperature iq take. You got yours so everything is fine
>>61565613I didn't say everything was fine. You're just not willing to accept actual root causes of the problem and address them rationally, likely because of ideological capture.Regarding home prices and homelessness, we actually have example after example of cities and states having success addressing them by reducing zoning regulations and abolishing rent control, which removes disincentives for builders to actually serve the higher market demand for low cost housing. Minneapolis is one of the latest such examples, and mind you that's a blue city. (Sadly, whenever that happens, the media chooses to frame it as the housing market becoming stagnant.)People need to stop the hysterics, sit down and look at what actually works.
>>61565613Its literally some kind of damage control shill, dont for a second think that is an organic poster.
>>61554652leverage due to lack of real growth investment opportunitiesplus inflation
>>61554836Why don’t you just tax purchases of consumer goods like every other normal country.
>>61554652>how is this possible?the good thing about the US is that retards suffer and smart people don't. if you are poor in the US you only got your tiny brain to blame.
>>61554836Rich people are paying over 60% taxes in my country. Socialists have been in charge for decades. We're in a recession.
>>61559635they don't contradict
How much worse do things need to get before the Second Great Depression is deemed to have started?
>>61554652Look at the +/- YTD in your screenshot. We're not "up 20%", we're down green 17.36%, which is very different.
>>61567717Trumpenstein said we are in a golden era and things are better than ever
>>61567717They will never declare another depression ever again.You have to drag them kicking and screaming to even hint at a possible recession.When all the rich people have all their wealth in assets will make them poor if a depression hits, they will lie, cheat and steal to make sure it never happens.Integrity is deadIt's now "Fuck you I got mine"
one in ten americans are milionaires op. nice great depression you got there.
>>61567803And 9/10 of those millionaires are above the age of 65
>>61567803>boomers bloated real estate pushing their net worth into seven figures means the economy is fine goylmfao
>>61554652>We are outperforming years where we actually had a good and prosperous economy, during a recession...? how is this possible?https://www.morningstar.com.au/funds/economic-progress-doesn-t-equate-to-market-returns>>61555173>doesn't feel like it thoughreality doesn't care about your feelings
Now if only Chyna didn't exist our Talmudic empire could go on forever.
>>61554652all of the s&p500 gains are from like 5 companies>stock market =/= real economy
>>61554652What are you talking about, desperate slaves are great for business.
>>61567803A million doesn’t mean much when most of that wealth is tied up in inflated real estate values. I’m 31, made 145k this year, and excluding equity have just under $500k of net worth. Add another $100-120k with home equity. I’m doing well by comparison but far from rich. I’ll get to $1M within 5-7 years but will still be far from wealthy. $1M doesn’t mean that much. Same with a 6 fig salary.
>>61560374We are retvrning to tradition and that's a good thing
>>61560063> muh politicsPoltics don't solve anything, ever. They only make things worse. At best, they just change the shape of the problem.
