What I'm about to tell you, is probably going to happen.You, and 90% of people in America are about to get priced out of participation in economic activity. Corporations won't need your money. The top 10% of income earners, right now, do 50% of all consumer spending. The bottom 90% could fall out tomorrow, and all most of these customer facing corporations would have to do is double their margins and they break even. Most corporations would be completely fine. They can sell to each other and high income consumers. These corporations aren't going to want to spend their resources on mass manufacture of low end goods for poor consumers, when they can put those resources to ends that will make them more money.If you don't believe me, it's happening right now. You're priced out of home ownership, you're priced out of new car ownership, and you're priced out of high end computers. This same trend is going to continue, but it spreads much further, and the gap of affordability is going to explode wider. I'm of course talking about the official economy. Favelas have their own little economies. But none of it involves a mass economy.
t. guy who watched a couple videos from ClearValue Tax and now thinks he "sees the way".
>>534364849I went and checked who that is, and checked out his videos and it was all financial self help shithe has a lot of subscribers, over 2mDo you really think anybody talking about finance is exactly the same as this guy?I was hoping to see a video of someone agreeing with me, and this was disappointng.
Or they collapse
>>534363471You're not going to like me when I tell you this, but that's already happened before. The last time price discovery was at it's peak was during the weirmar republic. We elected a wildly populist leader and we rounded up everyone who was part of the "10%" and we gassed them. Have fun being a money hungry nigger. Just don't be mad when money hungry consequences happen for the 110th time
>>534363471You are 100% correct and they also intend to depopulate the obsolete consumer class via starvation and wars
>>534365780Sneed sells feed and seed, which is completely normal. Chuck, on the other hand, sells fuck and suck.
>>534363471well then blood will become currency. lets see them print that
>>534363471Spot on. The rich will see the remaining chattle as threats, and subdue them by sticking Universal Basic Income pacifiers in their mouths.Already we see tech manufacturers like RAM closing consumer fabs because the rich can trade more, quicker, among themselves. The rich own so much that they can create their own incestual payloops. The consumer is now like a dead appendage.The elite will always need physical laborers, however, because unfortunately they live in the real world. But they need less of them and can hire private communes, divorced from payrates in local economies. We will see the Brazilfication of America where the rich live in compounds with private staff and luxuries, surrounded by the poor who live in squalor, but who are too disunified to rise up and too pacified by UBI to care.
>>534366618You won't do shit but talk on the internet. You don't have the courage or empathy necessary to unify with your neighbor against anyone.Go load up your modded Skyrim save and escape to your fantasies and comforts, slave.
>>534363471Will corporations phase out money once the economy is purely B2B?
OP is correct, about so-called GDP and 'economic activity'.the Real Economy of goods-services-commoditie may as well not even exist.All wealth today in 21st century is generated from (no, not 'work', 'capital' or 'labor') speculative debt instruments. The post-1970s global economy is Financialized. It's a global debt-based economic model.
>>534367390You scared jew?
>>534367519US dollars will be wholly debased; by then the elite will own the new currency of the new world: energy, land, and data centers.Debasing the currencies hurts most the poor who trade in inflated dollars. The elite will simply exchange it before collapse for the new money.
>>534363471Meh I don't care, I'm going to become a cannibal
>>534363471nope. allll of the actual biggest companies by revenue are completely dependent on the masses for subscriptions or purchases of things like gasoline with 'da rich' can't prop up like your fantasy. that goes for AI as well; it's only theoretically profitable if a billion normies pay for a subscription and use less compute than it's worth.>>534364849>>534365522that guy is a complete pleb that you should be able to outgrow relatively quickly if your opinion is remotely valuable
>>534368348>subscriptions or purchases of thingsEntire Real Economy goods-services-commodities of the west (not just United States) is based on services, service industries, and service-based employment.This is especially true of so-called """tech""" and its revenues-profits
>>534368737indeed.and incase anyone doesn't understand what im getting at, https://companiesmarketcap.com/largest-companies-by-revenue/all of these companies require a bajillion Joe Normies. almost everything amazon does (AWS, prime, media, goods, etc) is based economy of scale meaning they want billions of subscribers, not a handful of rich customers. rich people don't even touch wal mart. rich people do burn more gas on average but those numbers require billions of joe normies driving cars. united health *only* functions by being middle man between hundreds of millions of joe normies and an essential service. apple needs hundreds of millions of joe normies to buy iphones (yes, those are becoming pricier but that's why joe normie is on a payment plan until his next phone). google needs billions of people using the internet clicking on ads; rich people will not generate that much ad revenue. even berkshire hathaway is full of components that need a bajillion joe normies like insurance companies, dominos pizza, etc.the clearvaluetax fantasy doesn't pan out.
>>534367591This ends too soon is there a new one
>>534363471Lol.Economy means people doing shit for each other. Currency is a tool to make that easier, not really necessary.If corponiggers lose their heads in spreadsheets and make their own economic system doesn't mean everyone will starve looking at each other. If FAGMAN don't need you, do a job other actual humans need.
china will stop taking my money? i buy everything direct from china these days anyways, i don't need your precious corporations that just act as middlemen marketing products they had produced in china.
>>534367591but you can repay that debt with future revenue right?
>>534366467>Chuck, on the other hand, sells fuck and suck.Which is also completely normal.
>>534371012Lol... No.
>>534372890
