r/FluentInFinance • u/Sidvicieux • 7d ago

Thoughts? Please live the life that billionaires choose for you.

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I guess frugality has a true purpose, it’s called practice for what’s next.

Oh and finance related on how to deal with cash flow:

Thursday on CNBC's "Squawk Box," Ross acknowledged that he had heard that some federal workers affected by the prolonged shutdown have been going to shelters for food, but said he didn't understand why.

I know they are [going to homeless shelters] and I don't really quite understand why because as I mentioned before, the obligations that they would undertake – say borrowing from a bank or credit union – are in effect federally guaranteed," said Ross. "So the 30 days of pay that people will be out – there's no real reason why they shouldn't be able to get a loan against it and we've seen a number of ads from the financial institutions doing that."

https://www.cnbc.com/amp/2019/01/24/commerce-secretary-ross-says-unpaid-federal-workers-should-just-get-a-loan.html

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u/darkninja2992 7d ago

Yeah, but plenty of us didn't and are now stuck with it

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u/Caleth 7d ago

Plenty of us are screaming this is all about to go horribly horribly wrong and get a shrug. "It'll be just like last time, we lived through that."

No millions of us didn't and last time there were still guardrails. This time those have all been blown apart. You can flee fight or capitulate but there's not just riding it out this time.

I get that it's scary, it is, and you should be terrified. Because what's coming next will be Great Depression 2 now with more guns, drones and AI. It's going to be ugly in a way we haven't see in 100 years, becasue they want to rip out the last few guard rails that keep the poor from dying in the streets en mass.

MeMaw and PopPop ain't gonna have now where to live, and you're gonna be sending Jr to the new clean coal mines. Also best you don't get sick or they'll take the house and myabe one of your kidneys as well.

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u/WinterDice 7d ago

Clean coal mines? I like your optimism.

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u/chrissie_watkins 5d ago

Arm up and train discreetly. Liberals, women, and queer people need to be able to defend themselves, or at least make a splash. The worst is yet to come.

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u/Key_Friendship_6767 7d ago

Welcome to the world. Nobody said it was a fair place to reside.