/biz/ - Business & Finance

>>19774632
Home ownership is its own reward anon, you know that.

>>19736774
Already have one! The wife and I have owned our house for a couple of years now. It is always nice knowing my payments go towards equity rather than someones pocket. Its a good bit of work, but I just try to channel my inner Hank.

>>18594393
That is why your health and safety is your responsibility.
The problem is that in a country of individuals, everyone is now responsible for everyone else's safety.
And that's spooky to people.

Those who exercise the most sense of self-preservation are those who will fare the best.

>>18594456
Chalk it up to rational pessimism.
You either get it, or you dont.

But my point is,

we have 22 million people who just recently registered for unemployment.
After yesterday's Oil Debacle, we're going to see a lot more unemployed in the oil industry.

Global economies have retracted big time, China's by 6.8%
This is a huge opportunity for America to reclaim production industries instead of shuffling it around to some other country like Vietnam.

We're not going to be top-dog super consumers when no one has any money, so we need industries that will stand the test of time and can handle the bad times, instead of getting wiped out by a drive-by during a trade war.
Allowing businesses to flee to foreign nations but still do us the privilege of taking our money, and letting CEO's resign and take massive chunks of money out, is not going to ensure our country's persistence.

We will have to take a hit in labor costs, and suck up our pride.

If you really hate immigrants taking a couple thousand they earned over a few months working some of our fields home to provide for their family, you should be really mad about all the billions in offshore holding accounts, all the business we outsource to countries with political ideologies that run directly opposite of ours, and all the endless debt we owe.

The problem is when you give the government the power to determine your place, they're in a position to take advantage of you. And once they take that power, there is not much you can do to turn it around, besides duck your head and work.
There is more nationalist sentimentality because everyone is in it together, but you might not necessarily be one of the ones who gets to makes it.

In a capitalist environment its every man for himself. You determine your own fate, and you work around regulation and bureaucratic red tape make it happen. The bureaucracy doesn't define you. More risk vs reward for the common man. The ones who strives to be the most successful and acts the smartest in their pursuit is well rewarded. The problem is that you need capital to make it, and you can be bogged down by whatever is currently happening (high cost of education, debt, shitty jobs, etc). But that is itself a consequence of capitalism as well. its a collection of decisions made by other individuals, and they just kinda all lined up to do the most fucking. But savagery in a nation drives strong competition which expedites technological progression and, while things suck, Americans have a really tame version of what suck in america is like compared to other countries.

A capitalist environment will correct itself, eventually. It's all cyclical in the end, anyways.

The most important thing to remember, though, and its something that is very apparent in other countries like China, India, etc,
is that you are ALWAYS competing. And if you forget that, you will be left behind.
We're the ones who will determine the future, and if you bog yourself down with the suck of today you wont fight for a better tomorrow.
Throwing your hands up and wanting to change an entire economic system to make things easier for yourself and those around you is lazy and will fuck us all in the long run.

Take the bad in your life and learn from it, so you can be more vicious than the competition.

I signed up for unemployment today since I got furloughed with everyone else in the company.
First time I ever signed up for unemployment. I hate it.
I dont like being paid to do nothing. its cool that i get to stay home and all and "work on myself" but it feels kind of dirty, desu.

I mean me being out of work is good for the country, myself, and those around me because it minimizes the chance of this spreading,
but being paid to do nothing just kinda feels wrong. And its not very helpful to our economy when I just absorb money. spending it'll grease the gears but i just dont like it.

I miss working.