>95% of young generation priced out of owning a home without becoming debt slaves
>energy bills 3x in Europe
>inflation higher than ever before, savings losing value rapidly
>uncertainty about covid, mask and vaccination mandates, theaters and concerts canceled forever
>kids are forced to spend most of their day in front of a computer with no social interaction during the age when it's most important
>constant threats of WW3, forced military service considerations
biz, how do we fix this?
>kids are forced to spend most of their day in front of a computer with no social interaction during the age when it's most important
long 4chin and tranime
>poorfag lament
not my problem
Go out fuck women idk its your shit fix your shit!
>constant threats of WW3, forced military service considerations
This has been happening for decades, I wouldn't worry about it. North Korea has apparently been going to bomb us every other month since like the 80s
I'm not fucked at all. Nor is my family or my friends. Stop being an incel
>95% of young generation priced out of owning a home without becoming debt slaves
You people realize that these same kids will have the huge advantage of their dead boomer parents leaving them a sizeable estate when they die right?
The truly fucked kids are the kids whose parents were too retarded to save up and buy a house in the 80s/90s/00s ie. immigrants and drunks.
>how do we fix this?
day of the pillow
My parents bought a house in 1984 for $74,000
My mum has $20,000 saved up and my dad has $10,000 saved up. They literally put $30,000 down payment on $74,000 house
The house was listed for $79,000 and they bargained with the owner down to $74,000
The house is now estimated value at $1.5 million
Exactly. Every suburban middle class millenial is now a millionaire by default.
>muh inheritance will save me
That's generational treason though.
Yeah I'm gonna call bullshit, I grew up well below the poverty line. I went to night school to get my diploma on time after being a dumbass in highschool skipping my classes.
I then enlisted and got my GI Bill, got my degree in a field that matters.. Cyber Security w/ a fuck load of certs and not some dumb shit like Liberal Arts.
I also didn't dump thousands of dollars on shit that didn't matter like a new phone every year or new car when mine works fine. I make well into 6 figures, and own a home in a nice neighborhood.
I'm 30.
How does this fox Society?
This is the next problem.
Bobody cares about their country and people anymore (not that i blame evryone for it) so everybody cares only about their surroundings so nobody even wants to fix the whole picture and it only gets worse for everyone.
Whats made western society great in the first place was that people cared about more then their immidiate surroundings. Anglos were the first to abolish this
There is only one solution and you all know it
>what is a exeption?
It's pretty tough. There are no absolutes and everyone will experience pain when this all comes to a head.
Strategically you should take on as much debt as is reasonable with a mortgage or student loans. I realize the cost of both these things is insanely high but you can lock in fixed low interest rates while credit is extremely cheap. This means you can afford new education and skills or a new asset (a house) with a very reasonable monthly payment.
Then, you sit and wait. Your home value will float with inflation over time, as will your wages. Your debt, however, will relatively become cheaper and cheaper because you are borrowing in today's dollars but you get to pay with tomorrow's inflated dollars. You are only promised to lay back a certain number of dollars, not the true value of the loan.
Other assets to consider aside from a house would be precious metals and crypto. If you can afford it I would freezedry food and otherwise stockpile important goods (ammo, guns, medical supplies). This isn't because I think shit will hit the fan that hard, but you have to hedge against the possibility and protect yourself and your family.
Now that you're protected, you do your best to educate everyone within reach about the massive debt bubble, the follies of socialism, and the need to vote in responsible politicians. In the meantime live life as best as you can and pray the bubble bursts sooner rather than later. The longer it goes the worse it will be.
what if the fed decides to raise interest rate?
Thats why you do it now vs in a year. Lock in the lower rates is what he is saying. Once youve taken the loan they cant change the interest rates on it (unless its variable but then youre just a retard for taking a variable loan)
You don't fix it, the only way things look good again is when you emerge out the other side of a collapse.
so you wanna time the market?
Yes that is what im doing, i have a loan with 2.4% and im gonna lock it to just below 3% for 10 years
I cant imagine this beeing a bad desicion
>Nobody cares about their country and people anymore.
>Whats made western society great in the first place was that people cared about more then their immidiate surroundings.
I cared, but now half of my countries population are religious low IQ arabs that do not respect western culture or the population. They do not care about anyone but their own ingroup and their retarded beliefs.
The other half are western people that tell me that those arabs are more welcome and at home in this country than I am, because I am a Nazi for worrying about social cohesion diminishing over mass migration from retard tier countries.
So whats there left to care about for someone like me if these people disregard and openly hate someone, while my motivation for my worries was the long term well being of everyone. They are just too dumb to think long term and see problems apparently.
What is left for me other than me and my closest once against the world when my countrymen are hostile towards me if I express my honest beliefs? Maybe some powers intend me to feel like this and thats sad, but they can go fuck themselves at this point for being dumb. Too many of them would call me a nazi or dismiss me in a different way. They can go fuck themselves. Their way of thinking has to die with them so I really dont care anymore
Literally yes. Its not timing the market when t he Fed is literally yelling from the roof tops that rates are going up
Yeah 2.4% is literally nothing. Its 240 dollars on a 10,000 dollar loan. Inflation alone will make that nothing in 10 years.
I already liquidated my assets but i don't have the balls to take on debts. Though I hope you are right, user
>95% of young generation priced out of owning a home without becoming debt slaves
we just need to tax properties held as investment
>energy bills 3x in Europe
after 10 years energy prices will be record low thanks to renewables
>inflation higher than ever before, savings losing value rapidly
covid ripple
>uncertainty about covid, mask and vaccination mandates, theaters and concerts canceled forever
new variants look great though, everyone gets infected without complication
>kids are forced to spend most of their day in front of a computer with no social interaction during the age when it's most important
hopefully not for long
>constant threats of WW3, forced military service considerations
my only worry
Debt can be scary user but it is a very powerful tool in the right hands. The wealthiest people in the world use debt all the time to increase leverage and increase profits.