Give Up & Gamble: Financial Nihilism Explained

Поделиться
HTML-код
  • Опубликовано: 27 дек 2024

Комментарии • 13

  • @quartytypo
    @quartytypo 7 месяцев назад +3

    Don't gamble in the casinos I go to. Nobody wins. Find a casino that is full of winners.

    • @archvaldor
      @archvaldor 7 месяцев назад

      I'm up six figures lifetime from casinos don't believe everything you read.

  • @KenW418
    @KenW418 7 месяцев назад +3

    The irony of this idea is that if younger generations don't save and invest their money for retirement now, they will be hurting over younger generations than them when it comes time to retire, and they will be screwing them significantly harder than we are being screwed today. It will be a retirement crisis and elderly homelessness will be so much worse than it is now, and the burden will fall on the shoulders of the young and that's not fair.
    Just shut up and save for retirement people. I know times are tough, but just save what you can and quit complaining about people who have it better.

    • @Saviliana
      @Saviliana 7 месяцев назад

      And what make you think what you have is future proofed? You can't even hold money not because you don't saved them up, you can't hold money because your assets are devalued at rates uncontrollable because those corporate elites kept bribing governments to give them the easy way out. And even if you somehow saved up just a tiny bit of money the tax machine will smell the blood form a million miles away, also you can't have no debts before you even getting a job, look at the job market these days, even dishwashers had to have some kind of degrees and small business that still hiring people without degrees are quickly disappearing.
      You study hard on stock market flow and try borrowing money to try get your chance ? Sorry pal all the stocks are now controlled by five entities using multi-sux-trillion dollar accounts and AI speciallized on putting out fake information and calculate what is the optimal selling prices, on supercomputers with extra fast connection, you can't win them, they are 24/7 pumping up and down to make everything busted before you could click buy. Also they already control the platform, you luckily win over one time? You can't cash out, nor you could run away form their hit men anyway.
      You want to gather some rubbish form the bin and build something in your home? Nah-ah, those EPA and FDA CDA and all sorts of agency would quickly come up to your door to put a C&D form to your head and confiscated your hard earnings, let alone all the scammers online, there is no hope.
      HOW DO YOU EVEN SAVE?! GIVE ME THE ANSWER?!

    • @ouranosTheos
      @ouranosTheos 5 месяцев назад

      What you fail to realize is that, the younger generation is most mentally pressurized and lonely generation. Its very hard to think about long term when you're in a bottom of the pit

  • @ExpensivePizza
    @ExpensivePizza 7 месяцев назад +1

    Actually this behavior is to be expected when the currency is being debased.
    We're only seeing the early signs of it in the US but if you look at other countries with much higher debasement and inflation it's quite evident this is the reason. When people feel like their money is not holding purchasing power they resort to trying other things. They may not understand why they're doing it but it's absolutely a normal reaction to financial repression.

  • @Middyhax
    @Middyhax 5 месяцев назад

    Fantastic overview

  • @rashad4333
    @rashad4333 7 месяцев назад +2

    gambled my saving on call options 😂 and lost it all. Time to work and save for a few months and try again
    (Dollars are literally Monopoly money)

  • @ashj_2088
    @ashj_2088 7 месяцев назад +3

    Hi Sumit , I hope your doing well bro🇦🇺

  • @chandlerketelsen8702
    @chandlerketelsen8702 7 месяцев назад

    No, that’s poor advice. I don’t agree because nothing will then be in place of social security benefits when I’m 70.

  • @btfrost
    @btfrost 7 месяцев назад +1

    Gamestop wasn’t about making money or gambling… it was about fucking over short sellers…