Wells Fargo is ending all personal lines of credit the last time they did this was in 2008 right before the crash. This was after the federal gov gave 600 to 1200 checks to people during recession in 2007. The bubble is about to pop— Michael Kofi A.||♤🇬🇭 (@MikeKofiA) July 11, 2021
I know this tweet was posted a few days ago, but it didn't show up here. Shit's about to get real bad, real soon.
it just comes off as wishful thinking a collapse will come giving the left more power. and, if anything, with how depressed a lot of assets are right now and basically 0% interest rates the last year, capital is on a mass accumulation spree right now to turn that free money into assets
You say this is wishful thinking? I'm looking to keep my fucking head above water. I'm already unemployed looking for a job. The minute the market goes to shit, a hiring freeze gets put on. How the fuck to do I pay my bills then, hmm? UI? AZ UI sucks and I'm fighting with them right now.
To me, this is a fucking wake up call to get my resources together before shit hits the fan even more so than now.
Nah I’m pretty sure if Lenin was alive today and saw how fucking propagandized and cucked the American people are he’d say “yeah these fuckers are a lost cause”
Thing is people actually have to feel the effects of those consequences before they’re motivated to do anything. The thing about modern capitalism is its very good at delaying the effects till long after there’s much we can effectively do about them.
it just comes off as wishful thinking a collapse will come giving the left more power. and, if anything, with how depressed a lot of assets are right now and basically 0% interest rates the last year, capital is on a mass accumulation spree right now to turn that free money into assets
You say this is wishful thinking? I'm looking to keep my fucking head above water. I'm already unemployed looking for a job. The minute the market goes to shit, a hiring freeze gets put on. How the fuck to do I pay my bills then, hmm? UI? AZ UI sucks and I'm fighting with them right now.
To me, this is a fucking wake up call to get my resources together before shit hits the fan even more so than now.
I'm poor too mate, don't get on my ass about that. I'm not the one who fucked the economy
Maybe we should all get together and do something about this
:thinkin-lenin:
perhaps we could ask, What Is To Be Done?
I mean if we’re talking the US, fucking nothing is to be done
Mr V.I Lenin would disagree
Nah I’m pretty sure if Lenin was alive today and saw how fucking propagandized and cucked the American people are he’d say “yeah these fuckers are a lost cause”
No such thing as a lost cause when the consequences for failure are as astronomical as they are in this situation.
Thing is people actually have to feel the effects of those consequences before they’re motivated to do anything. The thing about modern capitalism is its very good at delaying the effects till long after there’s much we can effectively do about them.
Are you aiming to change the aggregate direction of everyone all at once, or that of a smaller group that can then be replicated across the country?
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my guess is this is about inflation