Subj : Re: New to this
To   : boraxman
From : Arelor
Date : Sun Apr 20 2025 06:15 am

  Re: Re: New to this
  By: boraxman to poindexter FORTRAN on Sat Apr 19 2025 12:10 pm

 > It seems to me, the best solution for young people is forced wealth
 > redistribution.  More effective, and a better return on investment on time
 > and effort.

I am among that millenial poor-as-rats generation.

The problem with wealth-redistribution, aka. stealing from a sector of the population in order to give to another sector of the population, is that it covers up the symthomps but not the problem.

Governments have tried lots of tricks manipulating monetary mass in order to ease purchasing power from certain sectors of the population, but the problem is that for money to be worth anything it needs to be backed by something. If I inject 10 million Fictional Spanish Dollar in a household, it won't do any good if the country does not produce stuff you can buy with those FSD. It won't do any good for purchasing stuff from foreign suppliers because nobody outside will want FSD unless they can buy stuff from Spain.

The general problem in Western countries these days is they aren't built in a sustainable way. For any given industry there is a high amount of employees that exist without generating any value, and the whole system survives because of the efforts of a dwinling number of 50 year old workers. The population does not get to see this because Western countries have been surviving on their inertia and past glories for a number of years already, so there is still enough bread and circus to survive by. However, cracks are starting to show in subtle ways, such as companies reaching a market value lower than their book value and being purchased by foreigner investors for cheap.

TL;DR western countries are collapsing under the weight of their own inefficiencies, which is causing them to quickly deflate in value as a whole, which allows international agents to buy the remains and then squeeze.


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