/biz/ - Business & Finance

>>26306296
>permanent higher education leftist cuck with no real work/earning experience is giving advice
onononononononono

>>15461043
>Living Wage (noun, subcategory of wealth redistribution): A socialist dogma that a specific rate of wage compensation can be defined as "adequate" to support an arbitrary quality of life that is never satisfactory to the proletariat that it seeks to satisfy.

>>12554519

It stops at complete system collapse anon, just like zimbabwe, south africa, venezuela, etc....
democracy is a cruel joke

Number one is the credit bubble that is fueling both housing and stock prices. Real wages have been flat for more than 20 years and housing and stocks have outpaced population growth.

Number two is College degrees. The current debt fueled push to put poor people in college to make them smart makes about as much sense as putting manlets in the NBA to make them tall. Stupid people will fail economically weather they are aware of the latest marxist gender identities or not.

The third and final bubble is the dumb-fuck bubble. 2/3rds of global humanity is superfluous. People with IQ's below 95 are either super-predisposed to violence and crime, or below that are literally functionally retarded. Dumb people consume resources beyond their means of producing, the have dumb kids beyond their capability of caring, and do jobs increasing made obsolete by automation. If there is any serious disruption to global food production going forward, expect hundreds of millions to starve to death (progressives will inevitably make this worse by voting to try and support the retards)

Is there hope for Africa as a continent?
The only industry they have to offer is mineral mining and farm land.

>>1629440

>looks at africa

Not without a full bore eugenics program