The tiny minority of activated Gen Z males who have spent their time cultivating physical, intellectual, and financial independence are already poised for great success amid all the developing turbulence.
Let Chaos reign. The Strong will inherit the land.
Millennials (like this gal) are said to be the first generation worse off than their parents because even though there is wealth within the generation, the wealth inequality gap has widened significantly. I believe this where the “nepo baby” lifestyle/term comes from, describing transfer of wealth but I’m not cool enough to know that lingo. Inheritance would probably be the boring term.
My big gripe is that everyone wants to discuss how birth rates are declining and aside from it being more dangerous for those of us actively wanting more children (I never imagined saving my life would be political but I digress, different rant for different day), when you need two incomes just to tread water and the cost of housing and basic necessities are so high it’s not feasible to have a bigger family anymore. And I’m retired military so thankfully myself and my beneficiaries have earned medical benefits but I want my child to have opportunities and those cost money so having another child under these circumstances would just mean less for the child I do have. And not to mention the things you can’t prepare for, like a baby that won’t latch so you have to buy breast milk or formula or special medical needs, or heaven forbid losing a pregnancy but the OB is afraid to be criminally prosecuted so I have to be near death and now I’m out of work and can’t take care of the child I do have…. This is what goes through my brain when I think of finances. I think supporting women is key to propping up the economy, improving the maternal mortality rate (it’s really bad for a first world country) and encouraging families to expand if they so choose. That’s just my take. I love Gen z though. Their parents made a kind generation
It has been quite common over many generations that people in their 20's are often swamped with debt due to trying to become independent of the nest, early marriages, children happening, buying homes, and entry level jobs that pay less. However, the current crop of ghouls in the DC Swamp are a bit more treacherous and anti-economy that some previous ghouls.
"We're raising a generation of wards of the state, sustained not by productive work but by debt and handouts." It was all in the master plan that actually started at the end of WWII. Yes, the boomers were created, but they had/have a sense of history, and they are the only ones who still fear the consequences of bad choices. And what foolish, unsafe concept will be created next in order to create another do-nothing job that pays $300 grand a year?
Also, we have a ‘screwed up generation’ if you’ll pardon my ‘french.’ I’m working on that at https://homecookedanalysis.substack.com/. At the very least we can do a better job with our children.
Call me an optimist. People are building alternate communities, alternate networks, etc. witness BRICS. Parallel institutions are being constructed. Whole countries are just opting in. I’ve been cheerleading the New Founding folks on my political stack . https://dianekern.substack.com/p/the-good-guys.
This is a rich topic that is unfortunately getting the wrong type of attention in the mainstream media. Namely, ideas for how to increase government involvement to address this issue. A great example is Scott Galloway's absurd TED Talk, which I've written about (for publication on Monday, May 20).
I wrote about the great generational wealth transfer from young to old last week. We're quick to blame Gen Z, crying on their TikToks, but there is good truth that the most affluent people in the richest time in history (Boomers) continue to vacuum the wallets of their children. Gen Z just can't afford anything and have to give in to the financial-government complex to survive.
The borrower is a slave to the lender. This makes the borrower a slave to their employer and government.
As a slave to the above one can’t resist tyranny or unjust mandates as they have too much to loose. The result is no ability for a peaceful mass non compliance to tyranny.
Total personal debt at 19 trillion. So it isn’t just gen Z.
The conspiracy theories are so tiresome and annoying. But at a certain point it gets too stupid to be stupid anymore, right? And so what else is there but ulterior motives? Is it as simple as the grifters realize they provide minimal to 0 value to society and have leeched enough money that they want to leverage their power to inflate their wealth through the cantillon effect - full stop? I guess they just don’t care about the ancillary effects on society because if they did it would stop their charade? And the media just shuts up because enough of those people are already rich too? Spitballing but it does seem the solution only negatively affects a small group of people - not even rich smart people - just rich useless people.
"The CPI (Consumer Price Index) print is irrelevant and meaningless. Yet people talk about, report and mention it as if it is. Purchasing power is the only thing that matters.
America Has Already Collpased: People Just Haven't Figured It Out Yet
FED raised rates on purpose to begin collpasing the system. To Hyperinflate the $, make way for CBDC and the rise of the East and fall of the West. Rate cuts are no longer a main policy procedure. May cut for the election. Rates will rise or hold where they are. This is deflationary for stocks. However, 'dark money' maybe used to inflate the markets. Propping them up to new highs like Venezuela, even as people starve to death and go homeless in mass.
In 1952 a cup of coffee cost $0.15.
In 2024, that cup cost about $6.00. That's a 3,900% price increase since 1952.
McDonalds prices from 2019 to 2024, on average across the board have increased 141% (5yrs). Americans can now hardly even afford McDonalds. It's so bad, the CEO himself had to address the already dead consumer.
Our currency has been devalued by 98% since 1913 as admitted by the Federal Reserve. We know its worse than that because that is a public number and the FED are liars and have a vested interest in lying.
In 1970, you could buy 250 oz of Gold for $10,000. In 2024, 250 oz cost well over $500,000.
Average wage in 1970 =$9,500. One man could afford a house, car, wife and several kids with one wage earner.
Average wage in 2024 =$43,000 and it's not enough to survive in most areas.
In 1950 the average house was $6,000. In 2024, average house cost $450,000.
Car in 1970 use to cost $3,500. 2024 a car cost $47,000.
It's already over for America. It just hasn't psychologically been figured out by the masses. But they are starting to get it as the collapse gets worse and their checks more meaningless."
None of this is by accident. The money line from your missive:
“We're raising a generation of wards of the state, sustained not by productive work but by debt and handouts”.
Exactly as the cabal has intended, and planned for, beginning decades, if not centuries ago.
I don’t think you meant to write "the pandemic did a number on Gen Z.”
Didn’t you mean “the political response to the COVID opportunity did a number on Gen Z?"
The tiny minority of activated Gen Z males who have spent their time cultivating physical, intellectual, and financial independence are already poised for great success amid all the developing turbulence.
Let Chaos reign. The Strong will inherit the land.
Millennials (like this gal) are said to be the first generation worse off than their parents because even though there is wealth within the generation, the wealth inequality gap has widened significantly. I believe this where the “nepo baby” lifestyle/term comes from, describing transfer of wealth but I’m not cool enough to know that lingo. Inheritance would probably be the boring term.
My big gripe is that everyone wants to discuss how birth rates are declining and aside from it being more dangerous for those of us actively wanting more children (I never imagined saving my life would be political but I digress, different rant for different day), when you need two incomes just to tread water and the cost of housing and basic necessities are so high it’s not feasible to have a bigger family anymore. And I’m retired military so thankfully myself and my beneficiaries have earned medical benefits but I want my child to have opportunities and those cost money so having another child under these circumstances would just mean less for the child I do have. And not to mention the things you can’t prepare for, like a baby that won’t latch so you have to buy breast milk or formula or special medical needs, or heaven forbid losing a pregnancy but the OB is afraid to be criminally prosecuted so I have to be near death and now I’m out of work and can’t take care of the child I do have…. This is what goes through my brain when I think of finances. I think supporting women is key to propping up the economy, improving the maternal mortality rate (it’s really bad for a first world country) and encouraging families to expand if they so choose. That’s just my take. I love Gen z though. Their parents made a kind generation
It has been quite common over many generations that people in their 20's are often swamped with debt due to trying to become independent of the nest, early marriages, children happening, buying homes, and entry level jobs that pay less. However, the current crop of ghouls in the DC Swamp are a bit more treacherous and anti-economy that some previous ghouls.
"We're raising a generation of wards of the state, sustained not by productive work but by debt and handouts." It was all in the master plan that actually started at the end of WWII. Yes, the boomers were created, but they had/have a sense of history, and they are the only ones who still fear the consequences of bad choices. And what foolish, unsafe concept will be created next in order to create another do-nothing job that pays $300 grand a year?
WTF?
Not all! I liked this article by The Economist:
https://www.economist.com/finance-and-economics/2024/04/16/generation-z-is-unprecedentedly-rich
It highlights that, although poor in comparison to boomers (which makes sense), they are actually doing quite better than millennials.
Also, we have a ‘screwed up generation’ if you’ll pardon my ‘french.’ I’m working on that at https://homecookedanalysis.substack.com/. At the very least we can do a better job with our children.
Call me an optimist. People are building alternate communities, alternate networks, etc. witness BRICS. Parallel institutions are being constructed. Whole countries are just opting in. I’ve been cheerleading the New Founding folks on my political stack . https://dianekern.substack.com/p/the-good-guys.
What % of GDP is gov't spending?? Only 7%???
Even including Govt spending in GDP is a falsehood. It's equivalent to claiming your household income is higher when you give your kids an allowance.
Trying to outdo the infamous Baghdad Bob, the Biden White House spins like a drunken Taz:
https://www.whitehouse.gov/briefing-room/statements-releases/2024/05/14/fact-sheet-president-biden-takes-action-to-protect-american-workers-and-businesses-from-chinas-unfair-trade-practices/
This is a rich topic that is unfortunately getting the wrong type of attention in the mainstream media. Namely, ideas for how to increase government involvement to address this issue. A great example is Scott Galloway's absurd TED Talk, which I've written about (for publication on Monday, May 20).
https://mtsobserver.substack.com/p/0f94de55-1751-4874-aefb-07e433a4b3be
I wrote about the great generational wealth transfer from young to old last week. We're quick to blame Gen Z, crying on their TikToks, but there is good truth that the most affluent people in the richest time in history (Boomers) continue to vacuum the wallets of their children. Gen Z just can't afford anything and have to give in to the financial-government complex to survive.
The borrower is a slave to the lender. This makes the borrower a slave to their employer and government.
As a slave to the above one can’t resist tyranny or unjust mandates as they have too much to loose. The result is no ability for a peaceful mass non compliance to tyranny.
Total personal debt at 19 trillion. So it isn’t just gen Z.
The conspiracy theories are so tiresome and annoying. But at a certain point it gets too stupid to be stupid anymore, right? And so what else is there but ulterior motives? Is it as simple as the grifters realize they provide minimal to 0 value to society and have leeched enough money that they want to leverage their power to inflate their wealth through the cantillon effect - full stop? I guess they just don’t care about the ancillary effects on society because if they did it would stop their charade? And the media just shuts up because enough of those people are already rich too? Spitballing but it does seem the solution only negatively affects a small group of people - not even rich smart people - just rich useless people.
"The CPI (Consumer Price Index) print is irrelevant and meaningless. Yet people talk about, report and mention it as if it is. Purchasing power is the only thing that matters.
America Has Already Collpased: People Just Haven't Figured It Out Yet
FED raised rates on purpose to begin collpasing the system. To Hyperinflate the $, make way for CBDC and the rise of the East and fall of the West. Rate cuts are no longer a main policy procedure. May cut for the election. Rates will rise or hold where they are. This is deflationary for stocks. However, 'dark money' maybe used to inflate the markets. Propping them up to new highs like Venezuela, even as people starve to death and go homeless in mass.
In 1952 a cup of coffee cost $0.15.
In 2024, that cup cost about $6.00. That's a 3,900% price increase since 1952.
McDonalds prices from 2019 to 2024, on average across the board have increased 141% (5yrs). Americans can now hardly even afford McDonalds. It's so bad, the CEO himself had to address the already dead consumer.
Our currency has been devalued by 98% since 1913 as admitted by the Federal Reserve. We know its worse than that because that is a public number and the FED are liars and have a vested interest in lying.
In 1970, you could buy 250 oz of Gold for $10,000. In 2024, 250 oz cost well over $500,000.
Average wage in 1970 =$9,500. One man could afford a house, car, wife and several kids with one wage earner.
Average wage in 2024 =$43,000 and it's not enough to survive in most areas.
In 1950 the average house was $6,000. In 2024, average house cost $450,000.
Car in 1970 use to cost $3,500. 2024 a car cost $47,000.
It's already over for America. It just hasn't psychologically been figured out by the masses. But they are starting to get it as the collapse gets worse and their checks more meaningless."
-Dillon Critique from; what's the DILL?
DATA: America Already Died
Susbtack Read (Free): what's the DILL?
https://open.substack.com/pub/blackboxpolitics/p/data-america-already-dead?r=99p96&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true