Generational Dynamics World View News

Discussion of Web Log and Analysis topics from the Generational Dynamics web site.
Cool Breeze
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Re: Generational Dynamics World View News

Post by Cool Breeze »

Burner Prime wrote:
Tue Feb 02, 2021 2:06 pm
The Zoomer Madd Ladds aren't going to sweat losing their 3 whole shares of Gamestonks. Mommy's ONE whole share won't devastate Billy and leave him traumatized for life. You guys are just trying to salve your own market incompetence by saying "told you so", when they knew the risks all along and just didn't care. They used their $1200 stimulus or Starbucks wages to buy it. No career-aged GenZ or Millennials joined the frenzy to any degree. Not understanding the demographic of the Chad gamerz who pulled this off shows you have no idea what just happened.

John often criticizes "experts" and world leaders for not knowing anything about what's going on or how the world works, yet you guys are guilty of the same in this instance.

Their success is monumental, they devastated $Billion dollar hedge funds for the lulz. Whatever small pittance they lost of money-printer-go-brrr was worth the price of admission and will have zero impact on their future other than the memories.
This is so clearly the truth it's odd that each successive post proves Burner's acerbic point, again and again. He exposed a degree of emotional posting on this board - it doesn't happen all the time - but it shows that it does happen even with all these smart guys.

Navigator
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Re: Generational Dynamics World View News

Post by Navigator »

A blog I thoroughly enjoy reading, "Of Two Minds" by Charles Hugh Smith, had a great post on the current market.

The entire article is here:
https://www.oftwominds.com/blogjan21/st ... d1-21.html

Here is a copy of the main text:

The Stock Market, Fatally Wounded by the Truth, Will Stumble and Crash
January 30, 2021

It didn't have to be this way, but this is the reality we must now face: truth is fatal to fraud, and our entire financial-political system is a fraud.

The stock market has just been punctured by the thin blades of truth. It is fatally wounded but nobody dares notice. The wounds are barely visible, but the internal damage is mortal. The stock market is already stumbling and will soon crash.

The banquet's participants ignore the faltering market because the rules are we never reveal the truth, or acknowledge it, or discuss it, no matter how obvious, because truth is fatal to fraud. So the stock market's vital signs are in freefall but the conversation remains upbeat and light: stimulus, rapid growth in the second half, etc., all the patter of a carefully constructed illusion that fraud is forever as long as the truth never comes out.

Alas, the truth has emerged from the shadows, despite the silence of the insiders and the financial media. Here are the truths that have emerged like karmic genies:

1. The stock market is nothing but one giant fraud. The entire market is corrupt and rigged from the ground up. The fraud is systemic, designed into every tendril of the market. It was a useful deception to blame it all on "bad players," but now the truth has been revealed: the market is nothing but a rigged game enriching insiders.

2. The Fed is a fraud. All the Federal Reserve has accomplished in 13 years of goosing the stock market is unprecedented wealth and income inequality as the fraud of the Fed has boosted the fraud of the market, which has fatally undermined America's social and economic orders. Please read this short paragraph and let it sink in. Monopoly Versus Democracy (Foreign Affairs):

Ten percent of Americans now control 97 percent of all capital income in the country. Nearly half of the new income generated since the global financial crisis of 2008 has gone to the wealthiest one percent of U.S. citizens. The richest three Americans collectively have more wealth than the poorest 160 million Americans.

Thanks to the tightly bound frauds of the Fed and markets, the bottom 90% of Americans own essentially zero capital that produces income and the vast majority of all income gains since 2008 has been siphoned off by the top 0.1% (see chart below from the New York Times.) Three monopolists own more wealth than half the nation's citizens.

Yet the fraudsters in the Fed laughably insist their policies haven't created inequality on such a vast scale that is has destabilized the nation. The Fed's credibility is zero, yet the financial media tiptoes around, proclaiming the glory of the Emperor's illusory clothing.

3. America's system of governance is a fraud. What can we say when powerful politicians are worth over $100 million and are active participants in the most speculative excesses of the stock market, Buying More Than $1 Million In Tesla, Disney And Apple Calls In December? Do we even need to ask where their interests lie?

What can we say about a regulatory system that immediately bails out the most corrupt and destructive financiers / speculators but stands aside when the public loses trillions of dollars? The financial regulatory system is a complete fraud, devoted to bailing out the biggest insiders while ignoring the losses of the bottom 99.9%. America's financial regulations protect the corrupt, not the citizenry.

4. The wealth effect is a fraud. The Fed's entire fraudulent policy holds that if the stock market is goosed higher by Fed rigging, the phantom wealth handed to the top 0.1% will magically trickle down and benefit the bottom 90% who own no productive capital.

There is no magic; the wealth effect is a fraud. If one $5 stock (GameStop) can be pushed up to $400 in a week, why not push every $5 stock to $400? This is the essence of the wealth effect: all capital is phantom capital, a fraud balloon awaiting a pin.

The wealth effect failed, the Fed failed, regulations failed, politics failed. But thanks to the Fed and the self-serving political class, the entire U.S. economy is now utterly dependent on this completely corrupt and destabilizing fraud--the stock market. If the stock market stumbles and collapses, the economy--now totally dependent on phantom capital --also stumbles and collapses.

It didn't have to be this way, but this is the reality we must now face: truth is fatal to fraud, and our entire financial-political system is a fraud. The stock market is pale, and blood is seeping through the tuxedo, but the insiders, politicos and their toadies and apologists are nervously averting their gaze.

The market's bleeding but it can't possibly die, can it? Yes it can, and yes it will: truth is fatal to fraud, and the truth has escaped and is now free. We can't unsee what's behind the curtain.

John
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Re: Generational Dynamics World View News

Post by John »

** 02-Feb-2021 World View: Blaming the victim
gfmucci5 wrote:
Tue Feb 02, 2021 12:54 pm
> You failed to include the orthodox (devout) Muslim hatred and
> killing of anyone who is not Islamic or Islamic enough and their
> general supremacist predisposition. Could that possibly be why
> China and Myanmar go after these people so viciously?
No, you're completely wrong. Nothing you've written here has any
relationship to the truth. You're blaming the Muslim victims of
genocide in exactly the same way that the Nazis blamed the Jews for
the Holocaust. Historically, Muslims are no different than any other
religious group when it comes to being either the perpetrator or
victim of genocide. Sex and genocide are both essential parts of the
human DNA, and they have nothing to do with religion.

I suggest that you invest a few bucks in my book and read it. I
described the history and theology of Islam, and I completely
disproved the claims that you're making.

John Xenakis is author of: "World View: Iran's Struggle for Supremacy
-- Tehran's Obsession to Redraw the Map of the Middle East"
(Generational Theory Book Series, Book 1) Paperback: 153 pages, over
100 source references, $7.00
https://www.amazon.com/World-View-Supre ... 732738610/

Zoomer go Brrr

Re: Generational Dynamics World View News

Post by Zoomer go Brrr »

Level of hate the older generations has for the younger generations is amazing. You raised us, we grew up in your entitled, elitist, scummy boomer world. You have all of us participation trophies. You lectured us on how we need to save and work hard and all that bullshit, while increasing the cost of college exponentially and making us debt slaves to you the rest of our lives. Get an education you told us, yet the entry level for an unpaid internship with you is a masters + experience. You wonder why millennials and zoomers want to yolo and watch the world burn, it’s all a fraud perpetrated to enrich the most entitled generation ever, boomers.

FullMoon
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Re: Generational Dynamics World View News

Post by FullMoon »

Didn't have to play the big business game. Small business ownership was a bastion of the independent. But now we're toast. Yes, thanks for exposing the rot. But it's been evident for quite some time. Give up vanity and craving luxuries. Look inside first before blaming others.

John
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Location: Cambridge, MA USA
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Re: Generational Dynamics World View News

Post by John »

** 02-Feb-2021 World View: The Level of Hate
Zoomer go Brrr wrote:
Tue Feb 02, 2021 3:30 pm
> Level of hate the older generations has for the younger
> generations is amazing. You raised us, we grew up in your
> entitled, elitist, scummy boomer world. You have all of us
> participation trophies. You lectured us on how we need to save and
> work hard and all that bullshit, while increasing the cost of
> college exponentially and making us debt slaves to you the rest of
> our lives. Get an education you told us, yet the entry level for
> an unpaid internship with you is a masters + experience. You
> wonder why millennials and zoomers want to yolo and watch the
> world burn, it’s all a fraud perpetrated to enrich the most
> entitled generation ever, boomers.

You have your facts all screwed up. The "scummy boomer world" that
you're describing was actually created by Gen-X. The Gen-Xers got
Financial Engineering masters degrees in the 1990s, and in the 2000s
they applied what they had learned to purposely create fraudulent
subprime mortgage backed synthetic securities. Since they hated their
Boomer parents very much, they took pleasure in selling these
fraudulent securities to Boomers. The result was a huge debt bubble
and a huge real estate bubble, and when those bubbles burst, the
"scummy GenX world" that you're describing was created.

It was impossible for the Boomers to be responsible for creating this
scummy world, since it required Financial Engineering skills that the
Boomers didn't have, and didn't even understand. The Boomers were
victims of Gen-X just as the Millennials are. I wrote dozens of
articles on this subject.

The Gen-X president Barack Obama refused to prosecute the Gen-X
bankers or their Boomer bosses. Obama was just as criminally corrupt
as the bankers were. He let the banks off the hook in exchange for
the banks donating billions of dollars to Obama's campaigns and to the
organizations of his political cronies. Since Obama actually
encouraged criminal activity in banks to continue, the same Gen-X
criminals remained in their jobs, and went on to commit financial
crimes in other areas.

So the hedge funds and other villains that you're talking about are
now being run by the same Gen-X criminals that Obama refused to
prosecute.

As for "lecturing" you on the need to save, yeah, you should save, and
you should respect your elders, especially Boomers, who know a hell of
a lot more than you do. And by the way, stay off their lawns too.

Instead, you're making the same disastrous mistakes the Gen-Xers made.

They said, "Let's screw the Boomers," and they caused tens of millions
of people to go bankrupt and lose their homes in the scummy Gen-X
world.

You say: "Let's screw the Boomers," and you want to cause the entire
financial infrastructure to crash and burn. So you're just as stupid
as the Gen-Xers, and just as destructive and self-destructive. You'll
cause tens of millions of people to go bankrupt and lose their homes
in the scummy zoomer world that you're creating.

Of course, you're going to be as successful as the destructive
Gen-Xers were, when they caused millions of people to go bankrupt or
become homeless. You'll create a financial crisis much worse than
that. Of course, if you're unlucky enough to survive a decade or two,
then your children will blame you creating a "scummy zoomer world,"
and you'll deserve the blame. I hope your kids throw you in jail.

** 26-Dec-15 World View -- 'The Big Short' - an infuriating movie about the financial crisis
** http://www.generationaldynamics.com/pg/ ... tm#e151226



** 27-Dec-15 World View -- Reader comments on 'The Big Short' and the financial crisis
** http://www.generationaldynamics.com/pg/ ... tm#e151227



** Financial Crisis Inquiry hearings provide 'smoking gun' evidence of widespread criminal fraud
** http://www.generationaldynamics.com/pg/ ... 100414.htm

Zoomer go brr

Re: Generational Dynamics World View News

Post by Zoomer go brr »

Ah, Gen-X, another generation we hate, and another raised by boomers. I will give you that Gen-X rivals boomers in terms of entitlement. You act like there is something to live for when you’re in permanent debt, with no job prospects because everything has been outsourced, locked up at home, with no hope of owning anything. You think Gen Z cares about retirement, their financial well-being or the status quo? Do you not understand they want to see the world crash and burn? Gen-z needs to make 10s to 100s of thousands of dollars to just start life at zero now. Those damn Gen X/millennial/ Zoomer politicians buying TSLA, AAPL calls with insider info (oh wait, that’s Nancy). Those damn younglings who opened the borders, promoted identity politics, and let education turn into a communist mess. Jesse Jackson, Al Sharpton, Nancy, GWBush, Clinton, Soros, Pelosi, Feinstein, Bernie, Biden are all Gen-X I guess. Sorry I didn’t stand up to it in the 80s/90s when I was a child.

John
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Re: Generational Dynamics World View News

Post by John »

** 02-Feb-2021 World View: Agreement

Apparently we agree. You're creating a scummy zoomer world that your
kids will blame you for, if you're unlucky enough to survive a decade
or two. You say it a different way, but it's all the same.
Tomato, tomahto.

Zoomer go Brr

Re: Generational Dynamics World View News

Post by Zoomer go Brr »

And we learned it all from you boomers, pillage and take what is yours, f*ck those who come after, when it’s dry move on or don’t worry because you’ll be dead. I think I’ll pull an elite boomer move when your WW3 prediction happens and develop bone spurs or flee to Canada.

John
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Joined: Sat Sep 20, 2008 12:10 pm
Location: Cambridge, MA USA
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Re: Generational Dynamics World View News

Post by John »

** 02-Feb-2021 World View: Learning from Gen-X
Zoomer go Brr wrote:
Tue Feb 02, 2021 5:08 pm
> And we learned it all from you boomers, pillage and take what is
> yours, f*ck those who come after, when it’s dry move on or don’t
> worry because you’ll be dead. I think I’ll pull an elite boomer
> move when your WW3 prediction happens and develop bone spurs or
> flee to Canada.
No, you're wrong, as I've already told you. You learned it all from
Gen-Xers, who pillage and take everything, and fuck those who come
after. The Boomers are just as much victims as zoomers are. And
you're going to steal and pillage just as much as the Gen-Xers do, as
we Boomers are watching all this, and we're grateful to die as soon as
possible, so that you can enjoy your scummy zoomer world all by
yourselves, and stew in your own juice.

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