But I also know people gaming the system (or to be liberal they partly do actually deserve the help) and still own 1 or 2 bitcoin withā¦ questionable money.
Itās not about 1 opinion. Itās about working people are being replaced with computers and nobody in current power is actually addressing the issue that the educated people to a large percentage are being screwed whilst many who are not contributing are living similar lifestyles. Itās simply wild and must be the first time in history this has happened.
At a rough estimate 40% of working class and 40% of middle class and 40% of benefits claimants that are clearly able to work and simply do not want to are all living not too different lifestyles.
I work flat out like immensely Iām talking sleeping in the car occasionally level of work and Iām driving a Ā£3500 car with over 100k miles on the clock and see my gf once or twice every few weeks often and Iām telling you - there are significantly more people than you think not working and driving brand new cars, new everything, dentistry paid rent paid everything and they also have their free time!
Lifestyles are wildly messed up by this strange economy yet itās also a time to turn $3k into $100k but physically clicking one button and waiting!
How is that something you can disagree with? Itās all fact and itās clearly history repeating - mixed with a new thing where large portions of working people are actually getting noticeably poorer to unsustainable levels.
Sure this can go on for a while and the stock market is loving it but we all know what then follows. Iām not calling a crash in fact this can bounce on for another 3 - 5 years before the severity is unavoidable.
But I agree with that telegraph article I said 2 years ago the middle class will be reeling from Bitcoin going that high (and maybe on the next cycles into the millions of dollars) and they did not buy because they thought they were smarter than the wealthy.
Bitcoin is clearly a growth store of wealth for excess money currently thatās what itās grown into, and ignoring it is like ignoring art that sold for Ā£50million a piece.
We live in wild times. The rich are having a field day and 40% of the working and middle classes are starting to grow pretty fed up. Many choosing to just go on benefits and give up completely.
Elon, Trump, JD, Shapiro and many others are bringing to light working peopleās lifestyles are at risk and Elon is 100% certain of this. You donāt want this situation to get any further than where it already is. It happens slowly then all at onceā¦
We know how this party ends regarding the market corrections/crisis. I am now convinced to know the next 5-10 years and I think massive market growth turn to slow burning dividend growth to maintain the wealthy lifestyles and that means very very tough period for working people. Almost non existent lifestyle.
Thereās no point not addressing this itās not negative itās reality. The top fed off the bottom for too long and now the bottom are being replaced by A.I. Anybody thinking the A.I. is not replacing working people/unskilled people is going to have a rly truly tough 1-2 decades from here.
Obviously this is how the world works I just think itās more fair if the ones in power actually let working people know you are being extinct.
Look even at the driving ability on road now, compared to 2005ā¦ the level of driving ability is so poor and people are so angry and so entitled on the road and yet not a single work from governmentā¦ why? Because they want you to have an awful driving experience in traffic on the way to work, they want you stuck behind the idiot hogging the middle lane at 51 mph or 63 mph or 39 mph whichever speed that idiot keeps changing toā¦ the fact none of this is addressed speaks a thousand words.
Prove me wrong. Iām 8/8 for being correct since 2019.
And back to that telegraph article I even admit it does hurt writing off bitcoin even though I have a few hundred grand and still donāt buy it and have known about it since 2011ā¦ it does hurt choosing not to buy it. I would rather have not known it existed because then I wouldnāt feel that emotion haha.
Believe me
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Retirement Portfolios: L. Swedroe For BoW on Monte Carlo Simulations
