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.
Yep. Even friends, close friends, who go to a very small church with me, are basically blind. Had one ask me at the beginning of a prayer meeting whether taking out Putin would be a good thing. I had to ask them "why would we want to do that?" They're all, "well, because he's bad..." and I'm "of course he's the bad man now; there is always a boogie man to justify war and spending and to distract us and give us somebody to hate so we don't pay attention to the monsters running our own country into the toilet..." And of course they agreed with me, but still no knowledge. They said they listen to "press conferences." Hmm. Didn't ask where I get my info from. Incurious. Knows nothing about the world and doesn't seem to think that's a problem that should be solved.
I can't remember who it was or where it came from but the "useless eaters" comment becomes incredibly accurate every day. NPC stare is blank.