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That's why the analyses that see major differences between neo-conservatives and neo-liberals no longer work. Both are wrong, and not even so differently.
I remain very very far left committed but I am also smart enough to acknowledge that these ideas failed in the real world. Left thinking has unfortunately become a "style," currently embraced by many who have no idea what its actual terms might be. So there is also a near dearth of thinking people to contribute there.
There will not be civil disobedience. People are too occupied babbling on cell phones, blasting their ears out with ear phones, or using now-defunct models to "debate" (they think) "racism" in our current culture - for example - when most do not even understand how that works right now. They have their "reality tv." The educational system is basically defunct, right up to the university level, except for the most elite contexts and people. And trust me, many of those people have no interest in using the skills they gain to obtain economic or social justice for others far below them in the social strata.
So the vast majority of people will never even approach gaining the critical thinking skills that would be needed to think through the complexities of our current world. Unless they happen to be born that way, I have met some very smart and aware people with no educations, but this is quite rare, of course.
Of course both are wrong and also both are not vastly different, Liberal, Conservative, Far left, Neo Conservative are all just labels. Yes people are occupied with cellphones and porno, ipods etc. This is a materalist culture and contentment and dissilusionalism are designed to throw people off from the real picture. As for me I'm no liberal or a conservative. I'm a idaealist and a rationalist.
Of course both are wrong and also both are not vastly different, Liberal, Conservative, Far left, Neo Conservative are all just labels. Yes people are occupied with cellphones and porno, ipods etc. This is a materalist culture and contentment and dissilusionalism are designed to throw people off from the real picture. As for me I'm no liberal or a conservative. I'm a idaealist and a rationalist.
You are right. Many younger adults cant think for themselves and accept that anything msm says is 100truth. I dont think they could go anywhere without google maps
Nick,
Ignoring Poverty levels, the MEDIAN HOUSEHOLD income of East Harlem is $23,000/year. That means that fully HALF of the households live on even less than that amount.
Yes, it's appalling.
Then why are rents so high and going higher. Studios start at around 1500 and standard basic qualifications to rent are income 40 times monthly rent
Of course mommy/ daddy are probably paying the rent for all these kids who sonehow can afford it
It is, I am just not sure it is so possible today.
of course you can, there are always investmnents to be made . some go up based on bad markets ,some go up based on good markets . eventually everything cycles around.
one thing the science of money taught is is that everything given enough time recovers and goes up.
the trick is buying time while buying assets.
you should never buy long term assets for short term purposes. long term to me means 15 plus years.
why 15 years? because in 107 years of history we never had a 15 year period where you wouldnt be able to sell at some higher point to raise more cash if you needed.
the problem is no one wants to pay their dues. they want long term assets to reward them in short periods of time and thats no better than a coin toss.
just a simple mix of 25% in cash,gold,30 year treasuries and a total market fund rebalanced once a year has returned over 9% a year cagr for more then 30 years.
you dont need to be smart to do it, you need to educate yourself a little, put a little plan together and stick to it.
but folks have no plan and any free money to invest that they have goes for i-phones and data plans.
it seems like it's just going to continue to get worse until too.
you can't just explain it away with cliche ideas and solutions
either. that doesn't work for most people that are broke.
thats pretty much the difference between those who succeed and those who dont. luck plays a good part too..
those who can switch gears stand a chance those who dont chase a ghost.
But ... it isn't simply "luck." It is having access to the people and institutions one needs to build success. I am keenly aware of the importance of this for myself, for my significant other, for our extended family.
But most who do not enjoy considerable wealth lack these connections, which begin in the university - for example. This is the real value, I would argue, of a top-notch education.
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