• 0 Posts
  • 626 Comments
Joined 2 years ago
cake
Cake day: June 17th, 2023

help-circle







  • Trying to change the subject was not invented by anyone in particular, but the US likes to slap that label onto everything that directs criticism at them. For example, the US has the highest prison population per capita but will preemptively scream about enemy countries imprisoning people with countless stories in the media. Calling out the hypocrisy is countered with accusations of “whataboutism” but that’s not whataboutism, it’s simply pointing out hypocrisy since it’s the same subject.


  • One problem I see is that people feel like they have to work in absolutes or match their opinions 100% with everything within a group. How the grouping forms is not always clear, but apparently if one is associated with that grouping, they feel the need to defend everything in that grouping and attacking everything that isn’t.

    There is some discussion to be had in the role of the US using proxies to undermine global rivals, but that does not justify Russia invading Ukraine, nothing does. Absolutely, fuck Russia.





  • This is always the advice given by the “experts” during retirement “workshops”. Have money and invest as much as you can into broad diversified funds. That the market will always grow in the long run because it has so far is taken as almost a guarantee, yet every one of these workshops will include a disclaimer of “Past performance is not indicative of future results”. At some point I feel like there’s going to a massive rug pull as the rich encourage everyone to put as much money as they can into the system so the rich can use it as exit liquidity. What’s even better is that with retirement accounts, you’re not allowed to pull out your money until decades into the future without massive penalties, and any changes in your allocations take at least a day to be made. Meanwhile the ultrawealthy have sub-millisecond algorithms at their disposal.

    I’m sure when the great rug pull happens, every genius that espoused the common advice will come out and claim that obviously it wasn’t sustainable (like the tech bubble or countless other bubbles) and repeat the magic words “Past performance is not indicative of future results”, then they’ll all suggest some other investment vehicle and that’ll become the new common knowledge advice that everyone should follow until that also becomes unsustainable.

    No thanks, I’ll just do the company match for a guaranteed pay amount and enjoy the rest of my money while I’m young, instead of stashing it away and hoping it doesn’t get fucked with in the decades before I can draw from it penalty-free and maybe having a decent chunk of money when I’m old and less capable of enjoying it.