Last night I had a conversation with a close friend of mine. We started talking about the economy. Full disclosure I am a full time trader i stare at charts for a living.
I've been warning him for over 2 years now that the plandemic and all the bullshit they implemented was going to cause a massive recession into a depression the likes of which we've never seen. That the credit crunch was gonna be unbelievable and that buying at home at all time highs during the plandemic was retarded and that he should stop pouring money into his 401k at his work.
He continued to pour money into those wortheless funds at work, he bought a house in 2021 which he got into a bidding war with and he even bought a new truck.
He is now complaining and blaming others about all the shit that's happening to him. He's going through a rough marriage, his work (new build developers) are now talking about massive slow downs and putting projects on suspension because the cost benefit analysis is weak etc etc.
He's mad at wall street for his problems. Just blindly pointing the finger at anyone but the mirror.
He's also giving me attitude lately because he finds it absurd that I can make money on a declining economy.
This is normie mentality 101. THIS is the core of the problem. Now I wouldn't even bother talking about the DS with him cause there is no point.
I know what you mean. I said almost everyone what is coming (inflation, great crisis/depression). They didn´t believe me and looked at me like I am an idiot. Two years passed. Now they are listening. :)
Edit: If you do this before big events, you can easily redpill someone. But I guess I don´t get another cycle before almost everybody knows what is going on.
It can be infuriating lol
I think it’s human nature for a majority of people. Everyone thinks they’re the ant but really they’re the grasshopper that played all year and when winter rolls around they cry foul play.