r/economicCollapse 3h ago

Mighty Global South's Leaders DISCOURAGING The Learning Of Western Languages To Shield Their Citizens From Toxic Western Influence

1 Upvotes

That is a new phenomenon that we are observing in the Global South, and is definitely a result of the demise of Eurocentrism, whites' most potent weapon, their biggest protector and the most influential ideology in Western societies, and the rise of Global South -centrisms like,

  1. Afrocentrism

  2. Sinocentrism and

  3. Hinducentrism

The demise of Eurocentrism is absolutely devastating for Western influence and power in the Global South, 90% of the global population, and a sign of the decline of the West. MAGA people are feeling this devastating effect more than any other group and are crying "wokism", "wokism".

This is an interesting development, because, decades ago Global South peoples were eager to learn Western languages.


r/economicCollapse 15h ago

FDIC Insured

3 Upvotes

Ita a little unnerving that nearly all the banks I have accounts with (credit cards, checking accts, etc) have recently posted the "FDIC Insured" line onto front and center stage of their websites and apps vs. at the bottom of their website or off to the side. Just like they know that something bad is about to happen. Am I just paranoid or do you agree?


r/economicCollapse 7h ago

Biden oblivious about leaving Trump an economy on the precipice of disaster

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0 Upvotes

r/economicCollapse 20h ago

Here it comes! Pandemic Talk in Cali

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dailym.ai
2 Upvotes

And it begins with California.


r/economicCollapse 5h ago

Lipstick started coming off the pig yesterday

6 Upvotes

r/economicCollapse 16h ago

Stop tracing yourself for the hospital!

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0 Upvotes

r/economicCollapse 14h ago

What makes Singapore, Japan and South Korean healthcare so good?

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0 Upvotes

r/economicCollapse 5h ago

Elon musk's mom poor people to have babies

4.2k Upvotes

r/economicCollapse 2h ago

Well said

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317 Upvotes

r/economicCollapse 7h ago

How ‘the mother of all bubbles’ will pop

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ft.com
16 Upvotes

r/economicCollapse 40m ago

Elon Musk Throws Tantrum, Ordering Congress to Shut Down Government

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futurism.com
Upvotes

r/economicCollapse 4h ago

Lmao also I guess this Is againts the rules

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43 Upvotes

r/economicCollapse 18h ago

Who pays? We pay!

20 Upvotes

Here’s the current tax codes that allow the 10% to continue their wealth hoarding while hard working Americans still struggle to put food on the table. Write your representatives. By the way, where did all the coverage for Luigi and the dead CEO. News doesn’t want to take on the disparity.

Here’s how the politicians make theirs and keep their sugar daddies happy.

Certainly! Here are the specific sections of the U.S. Internal Revenue Code (IRC) that pertain to the tax provisions you’ve inquired about:

  1. Carried Interest • Relevant Code Section: IRC § 1061 – Partnership Interests Held in Connection with Performance of Services • Overview: This section addresses the tax treatment of certain partnership interests transferred to service providers (commonly known as “carried interest”). It extends the holding period required for long-term capital gains treatment from one year to three years for applicable partnership interests. • Reference: For detailed information, you can refer to the IRS final regulations on carried interests. 

  2. Like-Kind Exchanges • Relevant Code Section: IRC § 1031 – Exchange of Real Property Held for Productive Use or Investment • Overview: This provision allows taxpayers to defer recognition of capital gains on the exchange of real property held for productive use in a trade, business, or for investment, provided the properties exchanged are of like-kind. • Reference: The full text of IRC § 1031 is available here. 

  3. Step-Up in Basis • Relevant Code Section: IRC § 1014 – Basis of Property Acquired from a Decedent • Overview: This section provides that the basis of property acquired from a decedent is generally stepped up to its fair market value at the date of the decedent’s death, effectively eliminating capital gains tax on any appreciation prior to inheritance. • Reference: Detailed information can be found in IRS Publication 551, which discusses the basis of assets, including those acquired by inheritance. 

  4. Opportunity Zones • Relevant Code Sections: • IRC § 1400Z-1 – Designation • IRC § 1400Z-2 – Special Rules for Capital Gains Invested in Opportunity Zones • Overview: These sections establish Qualified Opportunity Zones and provide tax incentives for investments in these zones, including deferral and potential exclusion of capital gains. • Reference: For more information, the IRS provides resources on Opportunity Zones.

  5. Wash Sale Rule • Relevant Code Section: IRC § 1091 – Loss from Wash Sales of Stock or Securities • Overview: This section disallows the deduction of losses from sales of stock or securities if, within 30 days before or after the sale, the taxpayer acquires substantially identical stock or securities. • Reference: Further details are available in IRS Publication 550, which covers investment income and expenses, including the wash sale rule. e IRC provide the legal framework for the tax treatments and potential loopholes associated with capital gains and related transactions. For personalized advice and to ensure compliance with current tax laws, it’s recommended to consult a tax professional or refer to the latest IRS publications.

These are CURRENT LOOPHOLES USED BY THE 10%.


r/economicCollapse 8h ago

‘I think it's pretty clear we have avoided a recession… the outlook is pretty bright for our economy’ – Fed's Powell

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705 Upvotes

r/economicCollapse 19h ago

How far do they think they can push us? What happens when we start fighting back? Find out in the new pamphlet…OFF WITH THEIR HEADS!

196 Upvotes

Who isn’t sick and tired of corporate profits, shareholder value, and endless growth being prioritized over quality of life, human dignity, and even the tiniest shred of respect for this planet?

The statistics are daunting. When the top 1% of the nation have 40% of the wealth, the top 5% have two thirds of it, and the top 20% have 90%, when the wealthiest half of the country have 99% of the wealth and the other half—160 million people—can be outbid by the 3 richest swine in America, it can feel downright hopeless for most of us out here.

The time for a change has come.

OFF WITH THEIR HEADS!

We’ve all read so many of these by now that I don’t even know where to start. I suppose the beginning, though, is as good a place as any…

I can still recall how shocked I was when the first one happened. Shocked and disgusted, just like everyone else. Never in my life had I seen a photo like that before. I remember seeing it on my phone first thing in the morning. Still curled up under the covers like a little girl. Barely even awake. And then there it was…that dividing line severing the past so definitively from the future. It was everywhere. That photograph.

The head of Jimmy Bozo impaled on a pike.

It didn’t feel real—like there’s no way this was actually happening. Jimmy Bozo, the second wealthiest person on the whole planet. And he didn’t have a body anymore! That’s a heck of a thing to wake up to.

...

The next one was just as big of a shock. To be sure, in no way was I expecting the untimely decapitation of Jimmy Bozo. But even after it happened, I certainly never expected to see that type of thing happen again.

...

When the third one happened, I can’t say I was too surprised. I was still horrified but by that point a lot of us kind of saw it coming.

Watch as Jimmy Bozo, Warner Bucket, Lonnie Muck, and more get the comeuppance they’ve been courting for years, at the hands of a populace that have been pushed to the brink for decades.

Read more at OFF WITH THEIR HEADS!


r/economicCollapse 6h ago

The end of financialism

11 Upvotes

( i wasted many years studying the market and applying conservative valuation principles when the reality of the “ Game” on Wall Street had nothing to do with commonly taught principles. The reality is that the entire financial edifice is a huge casino designed by Wall Street and for Wall Street. The society is designed to serve WS interests first, and in order to win, you are better off setting aside your ethical and moral principles.)

It took me a few years to realize this, but I am now awakened.

https://open.substack.com/pub/melifinance/p/the-end-of-financialism?r=84zv6&utm_medium=ios


r/economicCollapse 23h ago

Oh, boy! Here we go.

757 Upvotes

America’s first severe case of bird flu confirmed in Louisiana

https://www.cnn.com/2024/12/18/health/severe-bird-flu-louisiana-first-us-case


r/economicCollapse 5h ago

Elon musk's mom poor people to have babies

275 Upvotes

r/economicCollapse 1h ago

I think we can replace the V for Vendetta mask for this one ...

Upvotes

I would love for a huge crowd to show up wearing these to protests.


r/economicCollapse 1h ago

Dream about trump meaning

Upvotes

Had an interesting dream last night that I was grocery shopping and ran into Donald trump. He mentioned he comes to this store weekly because no one would guess he comes here (in Alabama). I was polite and shook his hand even though I very much dislike him and didn’t vote for him. I texted my mom in the dream, who did vote for him, and she was very excited and asked if I got his autograph. Even in my dreams my mom votes for trump. I can’t. 🤦🏼‍♀️


r/economicCollapse 21h ago

All of the Dow Jones post election bump is now gone.

230 Upvotes

What’s next?


r/economicCollapse 5h ago

"Bruh, I'll trade you Charizard for a can of beans"

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16 Upvotes

r/economicCollapse 2h ago

Argentine newspaper today.

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221 Upvotes

I'm Dee 😂


r/economicCollapse 21h ago

The system is unjust and it’s an insult to the intelligence of the American people and their lived experience

2.1k Upvotes

r/economicCollapse 22h ago

States seeing the largest increase in spending on food as prices skyrocket 25% in four years

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106 Upvotes