How The US Is Destroying Young People's Future | Asmongold Reacts

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Asmongold TV

Asmongold TV

17 күн бұрын

Scott Galloway shows how the system is rigged against young people & proposes a solution.
by @TED • How the US Is Destroyi...
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Пікірлер: 5 900
@wayfaringhalfling
@wayfaringhalfling 15 күн бұрын
It's as Tim Dillon's says: "Nobody is talking about the children, because children are not seen as the future anymore".
@vexed_v
@vexed_v 15 күн бұрын
@@LetsPlayKennyEverybody is a cry baby and a hypocrite nowadays.
@LOBOTOMINIZER
@LOBOTOMINIZER 15 күн бұрын
More like to the point people are just so focused on surviving themselves because economy is fucked.
@cristiplopeanu
@cristiplopeanu 15 күн бұрын
@@LetsPlayKenny how is he wrong?
@wayfaringhalfling
@wayfaringhalfling 15 күн бұрын
​@@LOBOTOMINIZER A part of me does think that the powers that are intentionally squeezing as much capital as they can, before the A.I. and robotics revolution becomes present in everyday life.
@user-do1hk7mg5y
@user-do1hk7mg5y 15 күн бұрын
@@LetsPlayKenny What's your point? Do you disagree with what he said?
@Pantheon_y
@Pantheon_y 15 күн бұрын
I dont want to be exceptional, I just want to live a normal and affordable life.
@pc14thenumber9
@pc14thenumber9 15 күн бұрын
True.
@AbnerG787
@AbnerG787 15 күн бұрын
no can do brother, this is what we call class warfare, either you are rich or dirt poor, no in between, the middle class doesn't exits anymore, sadly...
@jesseparrish1993
@jesseparrish1993 15 күн бұрын
@@AbnerG787 Nonsense. Go to trade school.
@BangersAndMash98
@BangersAndMash98 15 күн бұрын
​@@jesseparrish1993Are you in the trades? It isn't all sunshine and rainbows over here.
@citramate3633
@citramate3633 15 күн бұрын
i grew up thinking if i just did ok, i'd live a decent life. It feel like it's be great or be nothing nowadays.
@yeezystreetteam
@yeezystreetteam 11 күн бұрын
if you wrote the simpsons today it would just be homer and marge working full time living in a tiny apartment and never getting married.
@Lyko5
@Lyko5 8 күн бұрын
The norm back then is the dream life now
@owijayson
@owijayson 8 күн бұрын
Deep ​@@Lyko5
@MrFreeGman
@MrFreeGman 8 күн бұрын
Literally just described my sister. Two kids, 6 figure income, but can't even afford a damn house because that income requires her to live in an expensive as hell city. Modern society is a scam.
@XBOWTOTHEFACE
@XBOWTOTHEFACE 8 күн бұрын
they actually have episodes about that
@hurrdurrmurrgurr
@hurrdurrmurrgurr 6 күн бұрын
@@MrFreeGman You just described my sister but without the kids. She and her boyfriend are in their thirties and still trying to save up for a house.
@sern.21
@sern.21 14 күн бұрын
John D. Rockefeller - “I don’t want a nation of thinkers, I want a nation of workers.” - “Get rich by taking something common and making it uncommon.” - “Competition is a sin.” - “I would rather earn 1% off a 100 people’s efforts than 100% of my own efforts.” Such a great role model, that guy. And make no mistake, he had a huge impact on the creation and structure of the K-12 education system.
@troyodynski3652
@troyodynski3652 13 күн бұрын
Yup the same system the left demands we dump billions into and forcing kids to languish in.
@Slamboni4k
@Slamboni4k 11 күн бұрын
His son paid for the sins of the father.
@paullaroque5960
@paullaroque5960 10 күн бұрын
"“I don’t want a nation of thinkers, I want a nation of workers.” hey there comrade 🖐😉
@AliasSchmalias
@AliasSchmalias 10 күн бұрын
So many unconscious quotes from a single person.
@namenlosNamenlos
@namenlosNamenlos 10 күн бұрын
WEF klaus schwab: you will own nothing be happy.
@aliceroorback3717
@aliceroorback3717 15 күн бұрын
It's like joining a server late and now you just get ganked by all the veteran killers and don't get to play. Which impacts your community growth. New players should be helped to get into the game.
@cokeweasel1064
@cokeweasel1064 15 күн бұрын
Awesome analogy😂
@davidmella1174
@davidmella1174 15 күн бұрын
Not only that but the new players dont recommend the game as much, leading to less players "spawning in"
@NTJedi
@NTJedi 15 күн бұрын
very accurate, however real life is just like in games where the griefers and cheaters will never go away. the real world does not have any heroes who will come save you.... only politicians and billionaires who are the villains
@grantbrownson2751
@grantbrownson2751 15 күн бұрын
Or when you join late or get stuck in jail for a few rounds in a game of Monopoly and by the time you get started all or most of the properties are gone…
@Rocket-yc8pj
@Rocket-yc8pj 15 күн бұрын
This is what happened with one of my favorite games of all time. Roblox assassin
@lsantoine7170
@lsantoine7170 15 күн бұрын
There's a french expression that says: "If voting could change anything, they would have taken that right back a long time ago."
@BrgArt
@BrgArt 15 күн бұрын
you know who sais that ? Coluche. The only man who actually did anything for the poor in this country .
@vivelespatat2670
@vivelespatat2670 15 күн бұрын
​@@BrgArtColuche also died in a very.... *unlucky* car accident.
@duewhat9815
@duewhat9815 15 күн бұрын
That's the difference between American's rights and any other countries "rights." American's grow up valuing their rights as beyond government reach where'as the rest of the world see's their rights as privileges afforded to them by their Government. They literally can't take voting away without public intervention, they cannot take freedom of speech away without public intervention, they cannot take guns away without public intervention, etc. If voting didn't mean anything in America then one side wouldn't be desperate to give foreigners and illegal immigrants the right to vote in American elections.
@warrioremperor6320
@warrioremperor6320 15 күн бұрын
Social Security, Vietnam war, Iraq war, Anti pollution acts etc.
@banhammer3904
@banhammer3904 15 күн бұрын
It's to make people feel better about doing nothing while laundering money and giving the fanatics something to obsess about. The rest of us have to see the tacky signs on the side of the road. I can't wait until this year is over.
@StardustMonkey
@StardustMonkey 7 күн бұрын
As a millenial parent I can tell you that in my 20s I aspired to be successful myself … but now as I turn 40 I am more like a first generation immigrant doing everything in my power to try to setup my kids to be better than me. I no longer aspire nor believe it’s possible for myself to be financially stable I am just trying to own property before so die and give my kids a better jump off point
@migooknamja
@migooknamja 3 күн бұрын
At least you have kids.
@Toufan1-gr4br
@Toufan1-gr4br 12 сағат бұрын
godspeed
@amatthew1231
@amatthew1231 13 күн бұрын
So going by that Median Home Price vs Median Household Income graph the best time in my lifetime to buy a house was the day I was born. Man I was such a fucking idiot back then.
@Pangora2
@Pangora2 7 күн бұрын
You admitted it yourself, before you could talk you should have been working a wage for 40 hours a week.
@urekmazino6800
@urekmazino6800 2 күн бұрын
Right why didn't I buy one back in 93!
@KeeperOfKale222
@KeeperOfKale222 15 күн бұрын
My wife and I often lament that we weren’t buying property when we were 4.
@brent4073
@brent4073 15 күн бұрын
Just remember there were a lot of people in 2008 that wish they had never bought and just kept their money instead of getin foreclosed..
@deadbatt9321
@deadbatt9321 15 күн бұрын
Git gud scrub.
@acters124
@acters124 15 күн бұрын
@@deadbatt9321 Give god scrub. (Translated by Google)
@kylemilford8758
@kylemilford8758 15 күн бұрын
You now have the opportunity to let your grandkids do just that. I started retirement accounts for my children for just $100 a month with below average returns they're projected to be 6 million when they turn 55. Our parents didn't know how. In the age of internet we can give out kids the life we wish we had
@gezenews
@gezenews 15 күн бұрын
My wife and I agreed that it would be best if we did not meet while broke and poor. Being fat isn't helping but I'm sure it will when the famines start.
@At0ThEb
@At0ThEb 15 күн бұрын
"the top 10% get everyone, the bottom 50% get anime figurines"
@dutchraider2
@dutchraider2 15 күн бұрын
The 40% inbetween is doing just well enough to not get social security benefits and thus can't afford the anime figurines.
@markjohnson8602
@markjohnson8602 15 күн бұрын
@@dutchraider2 if they did. They would get nothing as social security isnt a living wage and is far below poverty standards!
@HoundXXII
@HoundXXII 15 күн бұрын
Fair deal
@viktorgabriel2554
@viktorgabriel2554 15 күн бұрын
@@markjohnson8602 you miss the part where people on social security to not have to pay for housing transport and get half of their food paid for i should know i have been there
@markjohnson8602
@markjohnson8602 15 күн бұрын
@@viktorgabriel2554 have you. Hmm because I receive Ssdi and none of these things are handed to me and have a co pay on my Medicare and ma of 400.00 a month out of 1240.00 a month income all before rent and food. Which I don’t qualify for even In Minnesota the biggest free welfare state.
@andreymudik2905
@andreymudik2905 13 күн бұрын
I remember in my freshman year of high school we had a two day event where tons of people from diffrent jobs and career paths came in to our school and informed us about diffrent jobs. Back then I was interested in one jobs in STEM so i asked the guy what his GPA was when he applied,he said that he applied in 1985 with a 2.4 GPA and got into one of the best Universities in the state. A few years later I applied to that same uni with a 3.8 GPA and got ghosted. 😢
@firstnamelastname-os5ro
@firstnamelastname-os5ro Күн бұрын
Because you are not part of their "agenda"
@jikoos
@jikoos 14 күн бұрын
"he's pushing an agenda" brother if the agenda is "let's leave the world better than we found it" maybe it's an agenda worth pushing !! ????
@khayon4364
@khayon4364 11 күн бұрын
THIS.
@1111Tactical
@1111Tactical 10 күн бұрын
His agenda is to shift the spending from social security to programs for young people, raise the minimum wage, etc.. Typical liberal stuff in the old school sense not the woke sense. The kind of spending and price setting that caused costs to skyrocket in the first place. The government spending a bunch of money no matter who it's on is the problem. Doesn't matter if it's spending for old boomers dick pills or young kids college it doesn't matter. The massive spending itself dilutes the value of the dollar and runs up the debt that later generations have to pay. 😅 It's like trying to smoke more crack even harder to break your crack addiction
@SomeYouTubeTraveler
@SomeYouTubeTraveler 6 күн бұрын
We live in such a backwards, instant-gratification-obsessed, instinct-driven world, that anyone who displays the merest semblance of forethought and planning is immediately distrusted. I long for the days of the quill pen, back when men with far-flung agendas reaching generations beyond their lifetimes would _debate_ and _compromise_ and thus _unify_ behind these agendas, instead of pillorying each other for the sin of merely having them at all.
@RanEncounter
@RanEncounter Күн бұрын
Well he is wrong about social security. He fell for the same kind of propaganda he is against.
@crowdozer3592
@crowdozer3592 15 күн бұрын
the elderly in charge of our country are like game devs that say "we hear you! changes on the way!" but every patch is terrible or too late b/c they don't even play the game anymore
@chaseray7321
@chaseray7321 15 күн бұрын
They got their money, they could care less whether you play the game or not.
@blackfacegaming191
@blackfacegaming191 15 күн бұрын
Why is everything “video games”
@Mirekluk
@Mirekluk 15 күн бұрын
@@blackfacegaming191 Because this is Asmon's viewership. Venn diagram of interests gonna intersect mostly in videogames
@thomasmoore1679
@thomasmoore1679 15 күн бұрын
​@blackfacegaming191 because it's a gaming channel? Like who do you think is watching him? And people often use things they are familiar with as analogies. Especially since gamers have been getting Ws against gaming corps lately
@lDoubleDownl
@lDoubleDownl 15 күн бұрын
Damn this is a good metaphor
@MoistAlt
@MoistAlt 15 күн бұрын
I sent this Ted Talk to my parents and they said its because this generation don't know how to work... I love my parents but my Mum was a part time Receptionist and my step Dad was a Labourer but now works as a Surveyor. They own two homes, two cars, go on holidays abroad at least once a year... I work a white collar job working 40hrs a week and 55% of my wage goes on RENT for a one bedroom flat above a takeaway... It's actually insane.
@Deltawolf92
@Deltawolf92 15 күн бұрын
Feel ya man, they just don't get it.
@andrewrules231
@andrewrules231 15 күн бұрын
They will get it when the house of cards falls down and you don't have the means to dig them out lol
@markm0000
@markm0000 15 күн бұрын
10 more years or so and it’ll fall apart when they’re all 6 feet under. Put half your savings in stocks and the other half in Au because cash is useless.
@16m49x3
@16m49x3 14 күн бұрын
55% of my wage goes to the government to give away to others. then there's a 25% vat on top Don't think the socialist way is any better
@redfish3858
@redfish3858 14 күн бұрын
​@@Deltawolf92they don't WANT to get it. They are happy to ignore what is inconvenient for their morals
@MrFriday83
@MrFriday83 12 күн бұрын
I was STEM in early 2000s. I did collect all the grants, and scholarships I could I think my student debt was like $15,000? Paid off in like 6 months, working 40-50 hours a week. Now i'm seeing similar level of students coming at and over 100k probably will take them like 5-10years to pay back if they're aggressive. With the demands of working 50-70 hour. This does not add up. I've worked 60-70 hours in one week a handful of times in my 20 year career. But for these kids to really stand out need to make that their average. Its crazy
@screaminseaman6121
@screaminseaman6121 9 күн бұрын
My situation, ME graduated in 20, had around 100k with scholarships. Have half paid off but with rent and cost of living skyrocketing I've had to lower my payments prolonging it. Literally cant get ahead.
@DrekJS27
@DrekJS27 7 күн бұрын
I had about 35k in debt out in 2004. Took 3 years but I probably could have done it sooner. Got my BSME, I make 6 figs but am barely making it with a wife and 3 kids. We decided to raise our kids and do a few years of homeschool before they got to see what the world was about...
@Victoria.Gold247
@Victoria.Gold247 6 күн бұрын
@MrFriday83 $15,000 in loans and Paid off in 6 months, but still can't conjugate "there, their, and they're." 🤣
@666MaRius9991
@666MaRius9991 6 күн бұрын
@@Victoria.Gold247 It's over! 💀
@MrFriday83
@MrFriday83 6 күн бұрын
@@Victoria.Gold247 Voice to text. But thanks for pointing it out
@Mikisoq39
@Mikisoq39 14 күн бұрын
The problem with kids these days is that they did no lock in a mortage a few years before they were born.
@dillardc81
@dillardc81 7 күн бұрын
Interest rates were in the 20s a few years before I was born lol
@AlZ-oy4si
@AlZ-oy4si 15 күн бұрын
In the span of thirty years Homer Simpson (supporting a stay-at-home wife and three children) went from stereotype of an upper-lower-middle class drunk dope to aspirational symbol.
@ffwast
@ffwast 15 күн бұрын
More of an escapist fantasy.
@tidus9942
@tidus9942 15 күн бұрын
The guy works a job that makes bank even today. Homer Simpson still easily affords the life he has in the show.
@TheKalimanMX
@TheKalimanMX 14 күн бұрын
Al Bundy could afford a house on the salary of a woman´s shoe salesman in the 80s and he was supposed to be a "loser".
@Thevilhardo
@Thevilhardo 14 күн бұрын
How about marge starts an onlyfans so she can support the family and bart joins kia boys. And now we have the series up to 2024 standards
@Kyle_116
@Kyle_116 14 күн бұрын
@@tidus9942 Lore in show in 1996 is that Homer made $25,000 a year. Adjusted for inflation, that equates to about $50,000 a year today. You can't afford a house and a family of 5 on that today, not even close.
@xd3athclawx554
@xd3athclawx554 15 күн бұрын
The world feels like joining a Minecraft server late, being forced to speedrun your way to get an elytra in like 20mins and realising that all the elytra are gone and you have to take a 5 hour detour of bridging and pearling to get an elytra 20-50k blocks away. All while the owners of the server try to fuck you over in every way possible.
@DavidCrosse
@DavidCrosse 15 күн бұрын
And when you get there, you realize your Elytra payment is do and they take it from you anyways
@carbonas
@carbonas 15 күн бұрын
Best analogy in here
@Chris-re3xr
@Chris-re3xr 15 күн бұрын
Never again vanillacraft
@EeveeRealSenpai
@EeveeRealSenpai 15 күн бұрын
That's why playing Minecraft with anyone that you don't know just sucks ass. (Usually how it goes for survival games)
@xChimkin
@xChimkin 15 күн бұрын
lol
@Kunoichi4ever4
@Kunoichi4ever4 14 күн бұрын
I think the no hope issue is very global rn. Right above the issue of even reaching financial stability is the fact that with the pandemic, wars and global warming many people are unsure if trading time for money is even worth it in the current climate. There are testimonies from the time pre-WWII and most of them share the same sentiment "you could feel the tension and unrest in the air" - I often think of that and realize that I think many people are not willing to bet it all on making more money, coz many of us are awaiting for the political tension to break in one way or another. I personally live 300 km away from an active war, I dont feel motivated to take a mortgage under these circumstances.
@shcdemolisher
@shcdemolisher 11 күн бұрын
Yeah, it’s that same feeling of dread before the Stock crash. And I feel that a second one is gonna happen, only way worse. Since with a population this big… it’s gonna spark conflict everywhere as the masses take to the streets demanding fixes or attacking the rich/governments directly. Repossessing vast sums of money, and restructuring a lot of things, especially housing prices. It shouldn’t take 300k or more for a single house! Regardless if it’s slightly old or brand new. The prices of things will swing back down once the masses rise up. Of course… its going to be far more chaotic and dangerous then people think it will be. And that’s the part I fear the most. I want change but I know that in change there is chaos and I don’t want to be caught in it.
@antonego9581
@antonego9581 9 күн бұрын
its been almost 100 years since WW2 and we've been living in the post-WW2 paradigm. its starting to break down. a casual glace through human history and you see this kind of situation has happened many times. sadly we seem to just be full steam ahead into what many can see is obvious looming catastrophe. short term profits and greed rule everything and in that system, our system, long term sociological planning is impossible. because there's no short term profit to be made from long term investment in your own population.
@Ohnmi
@Ohnmi 9 күн бұрын
Definitely, we seem to be far past our peak and now we are tipping over . I can’t help but wonder if all the things we have created haven’t come back to hinder us. Everything is instant now. I’m 19 and it seems like while yes the internet has helped it’s a possibility it’s grown too big. Kids growing now have no privacy and we can’t effectively regulate what they see when they aren’t around us. People are so afraid to go without now that I feel like if another war were to happen we wouldn’t be able to rally like how we did back in WWII. I mean in AP. U.S history we were shown that it was much more than women entering the workforce. We saved every scrap of metal, food , linen we could to send to our troops . The government came in and told companies “we don’t give af what you produce you are now producing this”. Kids weren’t protected from it either. They had to face this situation at a young age . They grew up and had to make do with less. I know it was a different time but we as a country were truly unified and all fought for the same goal. We were all willing to share in the sacrifices it took.
@asmith4549
@asmith4549 9 күн бұрын
If you’re a boomer, you own a house. If you’re a millennial, you own a couple funko pops
@SK-yx7hm
@SK-yx7hm 15 күн бұрын
I saw a comment from another youtube vid that pretty much said it perfectly "I feel like ive been handed a bill to a party I didnt even get to attend".
@bandunga64
@bandunga64 15 күн бұрын
capitalism baby!
@joshanonline
@joshanonline 15 күн бұрын
@@bandunga64 corruption. We had it in communism too. Also, we are probably closer to a global oligarch-fascist dystopia than just capitalism or communism.
@AliasSchmalias
@AliasSchmalias 10 күн бұрын
@@joshanonline Abuse. People are using each other for their own "benefit".
@skylinefever
@skylinefever 5 күн бұрын
​@@joshanonlineAbsolutely. Whatever system get invented, you end up with a small number of well connected oligarchs.
@zionismisterrorism8716
@zionismisterrorism8716 4 күн бұрын
@@joshanonline Late stage capitalism.
@GoodAnon22
@GoodAnon22 15 күн бұрын
Dad in my 30s got a loan and made a successful business with a wife and 2 kids. Me in my 30s a failed business i paid for myself because I couldn't get a loan no wife and kids. My state decided to raise costs of doing my business by about 3 times in one year.
@rRekko
@rRekko 15 күн бұрын
A living proof of how voting the wrong people in will make your life actively worst in the name of helping others.
@JailBo-id7ko
@JailBo-id7ko 15 күн бұрын
You tried to pull yourself up by your bootstraps, but the only bootstraps you can afford were made in a Chinese sweatshop.
@Giliver
@Giliver 15 күн бұрын
And what happens when there's no good candidate to vote in? What happens when the majority of voters (boomers) vote on a policy that does nothing but screw younger generations? Frankly voting is useless because there's to much misinformation and elderly voters. ​@@rRekko
@noseriouslyimserious4073
@noseriouslyimserious4073 15 күн бұрын
@@GiliverI mean, things were objectively pretty good across the board when Trump was president. Like him or not, that’s just an objective truth.
@GoodAnon22
@GoodAnon22 15 күн бұрын
@@JailBo-id7ko I like that one
@AaronMetallion
@AaronMetallion 11 күн бұрын
Reminder: when my dad was born in the 1950s the population was 2.5 billion, it is now 8 billion, and we're more networked than any point in history. Free / cheaper education isn't the problem, everything is over-saturated (and by definition, all our careers are inflated). There's global solutions / outsourcing, and simply being qualified doesn't cut it anymore. If you make clothes for a living, selling it at 10$ only, there's always someone in a 3rd world country (like my country India) who'll do it for 1$ a piece, so Walmart can have a higher turnover, and Joe the local t-shirt bro stays broke. We are directly competing with the entire population (excluding children / students, and the retired). The only jobs that stay in 'local demand' are necessities: trades, contracting, doctors, nursing, roofing, plumbing, trucking, oil sector... When my dad met my mom he didn't have global competition, nor did my mom have global options. My dad had 1 pen-pal, who was a seminarian training to become a priest, that's it.
@Psycogenius
@Psycogenius 9 күн бұрын
You definitely covered a lot of pieces that are not being considered. I would also like to add the "rose tinted glasses" effect. Everyone seems to assume that no one struggled XX amount of years ago. Instead, simple statements are made that a house use to cost "$25000" and my grandpa who was a mouse farmer making 20 cents an hour lived so great! No... no they didn't. What our current people "REQUIRE" in order to meet their own living standards is insane compared to our more senior generations as well. Is there a lot of things that could use fixing? Sure. Solutions are also within the grasp of the individual but I posit that most are simply not willing to exercise those solutions. Relocate. Change fields. Get (a)nother roommate. Cut expenses. None of these things are the ideal solution but they are a solution. Or, we can keep waiting on governments to force policy changes that will also fail in spectacular fashion.
@chillinchum
@chillinchum 9 күн бұрын
​@@Psycogenius what if relocating or retraining is unrealistic? And the budget is already worn down to the minimiums? I skipped roommates as thats its own entire conversation.
@Psycogenius
@Psycogenius 9 күн бұрын
@@chillinchum Which is more unrealistic? Not making enough money and continuing to further plunge into the red and expecting things to suddenly improve or to make a change?
@chillinchum
@chillinchum 8 күн бұрын
@@Psycogenius Both can be equally unrealistic. You're not getting me that easily. If only it were so easy to be able to make change occur. Unfortunately, to a lot of folks out there, it seems as though there is nothing to do but wait for better days. If you believe otherwise, then I suggest you work out a solid plan that anyone can follow. Don't excuse it off as something they should do themselves, if you really want to see them change and you think they could, demonstrate it by being part of that very change. The alternative is watching, predictably, as nothing changes, or those people fall further into extreme ideologies. For my part, I don't care if people are unmotivated or whatever. I don't care if I have to drag everyone kicking and screaming into a new era, I only care that things change at all. If the burden is too much, I say so, not overly focus on those who aren't pulling thier own weight. Once upon a time, I couldn't pull my own weight either, I will not judge.
@Psycogenius
@Psycogenius 8 күн бұрын
@@chillinchum I am speaking from experience. The options are there. Many just write them off as "impossible" or as something they simply refuse to do. I am a millennial. I was going to college full time on top of working two full time jobs. The only "extra" thing I had was internet at my apartment so I didn't have to drive (and spend gas money) to do school work. I had 3 room mates in a 2 bedroom, 1 bath apartment. I ate top ramen and eggs with bread pretty much every day. On good days I would take 1/8th a pound of cooked ground beef and put it in the ramen. One day I DECIDED to change my situation after being confronted with reality. I paid my bills on the 1st of the month and had 3 cents left over. I didn't have enough money for food or or to get gas to get to school for the next two weeks. That day, I implemented drastic changes. I dropped out of college, switched career fields, and moved halfway across the country. Almost instantly my situation improved. My (albeit small) student loans were paid off within 2 years. I bought my first house 2 years after that. There is almost always a way out. The first step is to stop making bad decisions. The second is to realize that you are owed nothing and that "fun" is on the other side of crippling anxiety from going backwards financially every month. I have done over 300 financial counselings for people mostly in their 20s. Nearly every single one of them refused to accept steps 1 and 2 as a necessary reality. Only once did I run into a session where the person was truly in an unwinnable situation. Ultimately, someone can always come up with a situation that is impossible to dig out of but the simple steps needed to get to the other side apply to and will help the vast majority of people. The rules are simple. Stop making bad decisions. Cut expenses. Increase income.
@weezer91101
@weezer91101 14 күн бұрын
I remember in my 20s joking with my then girlfriend now wife (now in our 30s) that I shouldn’t do the grocery shopping because I just grab everything I want that I see and don’t stick to the list. These days I can barely afford the actual list. There’s not even a choice.
@user-hx5oe9iz1h
@user-hx5oe9iz1h 8 күн бұрын
Same 💀
@darkNINJAlink
@darkNINJAlink 7 күн бұрын
I remember 200 bucks got my house (with 3 dogs) food, snacks, drinks, with a little left over to go out and eat with. Now I am in the store wondering if 500 is enough to get me my essentials to last till next pay day.
@nashambenyisrael7689
@nashambenyisrael7689 6 күн бұрын
lol I went to the grocery store just to pick up some snacks I bought 3 bag of chips with some dip...$20 gone... lol I'm like wtf I only bought 4 items and my money is gone...
@user-hx5oe9iz1h
@user-hx5oe9iz1h 5 күн бұрын
@@nashambenyisrael7689 🫵💀 Same
@StoryAndSong1
@StoryAndSong1 14 күн бұрын
“We’ll go down in history as the first society that wouldn’t save itself because it wasn’t cost effective.” - Kurt Vonnegut Edit: What have I done
@nickthompson2023
@nickthompson2023 13 күн бұрын
Yeah it’s amazing how we can readily and easily send billions to countries fighting wars but can’t find a single dime to help those who are paying the taxes
@etfacetimehome
@etfacetimehome 12 күн бұрын
dang...
@MrMr-ws3tv
@MrMr-ws3tv 11 күн бұрын
​@@nickthompson2023 Ukraine and Israel are American states. I find it confusing that you the tax payer complain about your new territory. Ukraine has great soil and Israel can keep the oil states in check.
@riverlady982
@riverlady982 11 күн бұрын
​@@MrMr-ws3tv How about because they are not Territories of the US let alone one of the States of people who have payed and continue paying taxes to fund the development, engineering/upgrading, maintenance, safety/efficiency/ability testing, and salaries of most of the people involved. Plus the salaries of our troops, them/their families health care, veterans disability, and a one-time lump sum Death Gratuity of $100,000 to the primary next of kin of a Service member who dies while on active duty through the Department of Defense. All of these things are supposed to be allocated from taxpayer money yearly through the Yearly 'Budget' decided by Congress. What neither I nor anyone else I've talked to has heard tham discuss is having them at least go through the Lend Lease Program instead.
@tony_5156
@tony_5156 10 күн бұрын
Vonnegut is so based
@dirk1998
@dirk1998 15 күн бұрын
"The child who does not feel the love of his village will burn it down to feel it's warmth." - Edgy Cliché African Proverb
@roberts7873
@roberts7873 15 күн бұрын
It's a banger
@codysellers4151
@codysellers4151 15 күн бұрын
Does not matter how edgy or cliché it is if it’s true.
@ariel3526
@ariel3526 15 күн бұрын
Its an african proverb?
@BenjaminCronce
@BenjaminCronce 15 күн бұрын
Wisdom in that. Nature is a fight to the death, and in the end, everyone dies. Society is a way to make life a bit better by working together. But if we start to alienate too many people, a critical mass of people who do not benefit from society will lash out.
@dirk1998
@dirk1998 15 күн бұрын
@@ariel3526 from what I heard
@dengmo3625
@dengmo3625 6 күн бұрын
I saw a video where a CEO thought $20/hr is $100,000/year
@stagnant-name5851
@stagnant-name5851 3 күн бұрын
Well they are probably used to their warehouse workers doing 12+ hours workdays with no weekend breaks.
@JustAaronR
@JustAaronR 9 сағат бұрын
@@stagnant-name5851and only two 30 min breaks just for the legal reason, then some companies say you’re not doing enough like Sephora, Amazon then they get rid of you, and there goes 20k to 30k a year job, then taxes come in take a bit from the gross income. I used to be one of the those warehouse slaves in my teenage years for a first job. Other Warehouse Companies Use A Temp Agency For You Do The Application, and don’t tell you it’s a temporary to permanent job to waste your life to only make a minimum wage or just over it by like 2 to 3 dollars. Also Can Lay Off Workers based off of lack of work or lack of productivity of the worker is doing because management want to up the productivity of company to just pay people for their living.
@jakefoster8308
@jakefoster8308 13 күн бұрын
Money in politics IMO has a bigger impact than people being stupid as to why these issues don't get solved.
@AlexAegisOfficial
@AlexAegisOfficial 15 күн бұрын
It's for the better, how else could Bobby afford his 20th yacht?
@marcusmeins1839
@marcusmeins1839 15 күн бұрын
HAHAHAHAHAHAHHAHAHAHAHAHAHA
@Boyahda
@Boyahda 15 күн бұрын
It's Bobby's world.
@Itashafan
@Itashafan 15 күн бұрын
😂😂😂
@goncalocarneiro3043
@goncalocarneiro3043 15 күн бұрын
B-But if Bobby doesn't buy four yachts every year then how will the yacht companies survive?!?! Yeah... Whatever.
@wtfTimmy
@wtfTimmy 15 күн бұрын
My comments keep getting deleted, read quick and repost!! Americans are indoctrinated into the lie that if they're good little citizens, if they just stay in their place,
@deadboyo
@deadboyo 15 күн бұрын
Everybody talks about how Gen Z is ruined but nobody is even trying to think about how to solve this crisis
@Ay-xq7mj
@Ay-xq7mj 15 күн бұрын
There is no solution except world hitting rock bottom. Others are incapable or unwilling to help so its fucked no solution will come.
@kurisu100
@kurisu100 15 күн бұрын
cause this is gen z. Everyone is at fault and everyone needs to do something, but not me!!!!
@murdendev
@murdendev 15 күн бұрын
@@kurisu100or mayyyybe - JUST MAYBE - our economic system is inherently flawed
@ReikiMaulana
@ReikiMaulana 15 күн бұрын
We just got in the arena, tf should we do
@icanhazgoodgame3845
@icanhazgoodgame3845 15 күн бұрын
​@@ReikiMaulanasurvive
@xiiiz5703
@xiiiz5703 8 күн бұрын
I think the saddest thing is that NEVER in recorded history has there ever been a deflation. Inflation is a balloon that never deflates and WILL pop.
@Karurosagu
@Karurosagu 4 күн бұрын
America's monetary system is acually designed to be inflationary in the long run So even with a deflation, prices will not go down, they will still go up but at a slower rate, which proves how broken the whole thing is
@SinRuin
@SinRuin 3 күн бұрын
@@Karurosaguthis is dumber when you take into account that by nature capitalism is deflationary
@smania7575
@smania7575 12 күн бұрын
I remember when I started college in 2003, the credit price at the community college near me was about $85/credit. I just checked their website and it's now $206.41/credit. The same four credit class I took almost 20 years ago would cost and extra $485 now. It's disgusting
@sortamaybe946
@sortamaybe946 9 күн бұрын
$340 in 2003 is $580 adjusted for today, tuition has outpaced inflation in this example by $244 or 42% if I ain't mistaken. It's so tough these days for afford food and rent, let alone a college education at these rates. It's a damn shame!
@CastleRaccon
@CastleRaccon 7 күн бұрын
Don't forget about dorn or rent costs, food plans, district fees, and overpriced online books/assiments that are rented per semester
@smania7575
@smania7575 7 күн бұрын
@@CastleRaccon Very true. I lived at home during college, but I know most people end up dorming or renting. And books were ridiculous when I was in college. The cheapest book was about $80 and the most expensive was just over $300. We couldn't rent our books at school, but I did rent many from an online company.
@urekmazino6800
@urekmazino6800 2 күн бұрын
Idk how people even afford college now n days without selling drugs or selling ass
@smania7575
@smania7575 2 күн бұрын
@@urekmazino6800 Right?! My siblings started college last year and it's $50k/year! And that's at semi cheaper schools. One school my brother looked at was almost $70k/year. Even though it sucked, I'm glad I lived at home while going to college. The room and board adds so much to the cost of college.
@pandajacket1598
@pandajacket1598 15 күн бұрын
The most frightening thing to me isn’t how most people are ignorant, but how many people deny that people are ignorant. Absolutely terrifying.
@nightknight6947
@nightknight6947 15 күн бұрын
you dont know what you dont know
@Devilishlybenevolent
@Devilishlybenevolent 15 күн бұрын
They're too busy about being mad at how woke TV shows are and immigrants at the border. They think by fixing these issues, they can magically afford a house
@Xenphos
@Xenphos 15 күн бұрын
​@@Devilishlybenevolent You forgot to mention how we are all being replaced as well 😂😂
@THEROTTINGDOG
@THEROTTINGDOG 15 күн бұрын
@Devilishlybenevolent I can tell by your response you shouldn't be giving out any advice to anyone ever. Anyone so dense they think vomiting poorly researched ideas on the internet is a good idea probably doesn't have a great grasp on reality.
@RemniCreatives
@RemniCreatives 15 күн бұрын
Because they'd have to call themselves ignorant, and most people aren't willing to admit when they're wrong, or don't have full information. We all need to do better.
@gcelite36
@gcelite36 15 күн бұрын
Destroying? It’s been destroyed, it started impacting Gen X and the Millennials and is continuing to the next generations.
@invisibleraiden3349
@invisibleraiden3349 15 күн бұрын
Nah. Happened before Y was around. Gen x and boomers did the damage.
@Remedy462
@Remedy462 15 күн бұрын
Bro, I'm a Millennial, I was born in 1993. What do you want me to do? I don't even own a house. Also, this really started with Ronald Reagan.
@mattwing311
@mattwing311 15 күн бұрын
No.. The selfish boomers took, took and took without planting the seeds for future generations.
@gcelite36
@gcelite36 15 күн бұрын
@@invisibleraiden3349 I meant Gen X and Millennials are the first to feel the effects. It's only getting worse for the generations to come.
@its_jimbooh_no6572
@its_jimbooh_no6572 15 күн бұрын
Boomers 100% almost all boomers even ones who just had a low end to median salary job own multiple house, vacation home, multiple cars they never drive. If they don’t own all that they still had enough money too they just weren’t as smart. I am a business owner so I worked for all the boomers that are just every day joes and I can promise you there life is sooo much different than people who are living a every Joe kinda life now.
@Nobody_special_thats_me
@Nobody_special_thats_me 12 күн бұрын
I don't care how old you are man. You're a good man. You're so grounded and honest when you come across a real problem affecting our young men today. I'm 24. I may not be an incel or someone affected by the housing market but I did what a man said not to do and "pulled myself by my boot straps" and bought a house on mortgage, have a girl that loves me and supports the well being of us both and my step daughter. We're doing fine compared to so many and it's a wake up call to realize 965 dollars a month isn't shit for mortgage. It might be a fixer upper but it's on its way. When I found you, I was 22 watching stupid dark souls videos. Fighter pl.. and his video trolling you led me to a great man. (Even though you were fat rolling lol) You have such an open and understanding outlook that I just wanted to leave this comment. Whether you see it or not. I subscribed, because you speak truth whether it hurts feelings or not. You say what you mean whether people like it or not. You're a good fucking man Asmondgold and you deserve the recognition you've received. Thank you for being you. You're an amazing human being with qualities of a humble leader. Keep going because you deserve all the love you receive. These people feel your message and im one of them. Fucking righteous to the core 💙
@ignorantslave663
@ignorantslave663 11 күн бұрын
Dark Souls videos wasn't stupid, Fighter pl is legend
@defaultname7685
@defaultname7685 2 күн бұрын
When did you buy your house?
@emultra759
@emultra759 12 күн бұрын
There are tack-on effects of this as well. If people can't have kids, or delay having kids until they're 38, grandparents will be ancestors instead of an active element in children's lives. Think about it-if two generations of women start having children at 23, grandma is 54 when her first grandchild is 8; she will likely be able to help her daughter out. If they both wait until 38, grandma will be 84 instead and likely needing more help than the kids.
@Landshark583
@Landshark583 15 күн бұрын
4:38 In 2030 you don't buy a home, you apply to be a servant in a rich person's house so you aren't homeless
@oddRobert
@oddRobert 13 күн бұрын
that's me pretty much me for last 15 years or so
@oddRobert
@oddRobert 13 күн бұрын
what is next step ?
@oddRobert
@oddRobert 13 күн бұрын
underwear from used newspapers ;-p
@snipermagoo
@snipermagoo 11 күн бұрын
My grandfather worked in service before WW2 for exactly that reason. After the war forced him to work the factories in Coventry, he stayed and soon bought a house with only him earning in a household of 5. We're literally going back in time 100 years.
@anthonynelson6671
@anthonynelson6671 10 күн бұрын
Acceleration towards corporate feudalism??
@alxxander7506
@alxxander7506 15 күн бұрын
The craziest thing is that the people in the audience are laughing at this. They do not understand that this guy is explaining how and why the usa may collapse in the near future. He hasn't even smiled a single time in the whole presentation.
@kraken3022
@kraken3022 15 күн бұрын
Plus the fact that more than half of them looks like they are exactly the people he's talking about lol.
@N7sensei
@N7sensei 15 күн бұрын
It is crazy to think that the USA has not collapsed already. It is clear for objective observers that this place is already over. No southern border. Opioid crisis engineered by pharma companies, our own government officials, Mexico and China. Theft is not a crime in most places. 3 out of 4 blk kids have no fathers. A ridiculously high crime.
@St.FighterZ
@St.FighterZ 15 күн бұрын
Yep, people cant be serious for a second because its uncomfortable for them. Pathetic. Humor is sprinkled in for levity but no one should actually be lol to it.
@Forgison2
@Forgison2 15 күн бұрын
yeah tbh asmongold has an older fanbase and older generations just love to shit on gen z. Even though statistically we work just as hard as any other generation and statistically we are at the biggest disadvantage compared to any generation. This country is fucked. People have stopped communicating with each other and because of that America will fall. Reason why america was so great is because we accepted multiple ideologies in our policies.
@Spright91
@Spright91 15 күн бұрын
Yea this isn't just the fucking over of a group of people. It's the transition of a free nation to a corporate dystopia.
@RichardAlaskanforaPassing
@RichardAlaskanforaPassing 8 күн бұрын
You could literally see the unsurprised disappointment in him at 33:50 after seeing how much the US spends on childcare
@techninja3001
@techninja3001 9 күн бұрын
As a 1% I can say that the wealth gap is fkd up. No one wants to talk about taxing capital the way we tax labor. We should bring down the tax on labor to 0 for everyone making under $100k and increase taxes on capital gains over $100k to 49%. We also need to get rid of trusts and other tax avoidance schemes.
@defaultname7685
@defaultname7685 2 күн бұрын
Very doubtful that you’re actually a 1%er. Making over 100k a year isn’t 1% anymore and hasn’t been for a long time, it’s very firmly on the lower end of middle class in 2024 - and taxing anyone in the middle class making over 100k half of what they earn is insanity. Your proposed tax plan effectively kneecaps anyone from trying to climb out of middle class through smart investing while doing nothing to address massive inflation, while making sure actual rich people will be fine though - all this does is massively widen the wealth gap and make your alleged financial position unobtainable to anyone but nepo babies Very clear if you aren’t larping that you just inherited your financial position and have a very poor understanding of economics in general.
@cameronphares2482
@cameronphares2482 Күн бұрын
the issue there that the US wants to avoid is the rich people leaving. Literally just taking their billion dollar companies and setting up the primary labor in somewhere that does tax them more.
@insrtcowjoke
@insrtcowjoke 15 күн бұрын
Generations have gotten more selfish, too. I had a relative that went through a mid-life crisis and was in a real bad place. His parents stepped up, bailed him out, gave him a place to stay and a new job, and over a couple of years he managed to rebound. Now he's an adult with kids of his own, and his own kids found themselves in a crisis and needed help. He refused to help his kids directly, and only gave them advice; insisting it was best they learn how to save themselves. His one son managed to pull it off; the other did not and is frequently bouncing in and out of jails. It bothers me, because his parents weren't very well off at all living in an apartment, but still saved him when he needed it. Now, he's very well off and owns his own home, planning to own another, with a boat and 3 cars. Yet he refuses to share his wealth with his own children to help them. And their relationship has suffered quite a bit. But that's part of the problem that I've seen firsthand. The previous generations aren't willing to make sacrifices for the new ones. They're selfish and put self-interest ahead of all.
@Totsy30
@Totsy30 15 күн бұрын
I feel like that's how we got here in the first place. It's like people are competing to see who gets buried in the shiniest coffin.
@insrtcowjoke
@insrtcowjoke 15 күн бұрын
@@Totsy30 It's not even just *like* that, it *is* that. I used to work at a cemetery, and a family there paid over $3 million to have a personal mausoleum built for them.
@pspmaster2071
@pspmaster2071 15 күн бұрын
He sounds like a real hypocrite then. Some people are like that. If only they could see themselves. A lot of people who would like to call themselves self made got a lot more support than they would like to acknowledge.
@insrtcowjoke
@insrtcowjoke 15 күн бұрын
@@pspmaster2071 Sadly, most people are hypocrites. Because it's easy to have one position when you're on the sidelines, but harder to keep it once you're the one playing the game.
@RealCodreX
@RealCodreX 15 күн бұрын
Since the prices go up you have no other choice but to get more selfish!
@dabluflcn
@dabluflcn 15 күн бұрын
One of the scary things not being talked about regarding boomers passing is that their wealth will not be transferring down. We’ve made elder care and death care so expensive in this country that any inheritance that may have been passed will be transferred to private institutions that will pillage what’s left after wiping grandpas behind while waiting for them to pass.
@SirBladewind
@SirBladewind 15 күн бұрын
What's worse about that is the institution collects the money, not the people who take care of grandpa as he passes. Hospice nurses make about as much an assistant manager does at a Wawa.
@dabluflcn
@dabluflcn 15 күн бұрын
@@SirBladewind it’s the worst outcome. Predatory healthcare has got to be one of the worst things to exist in modern society.
@LucasCunhaRocha
@LucasCunhaRocha 15 күн бұрын
this was kinda the reason why Robin Williams took the "easy way out", so Zelda could inherit something, otherwise he would blow all his money on his treatment.
@Menky90
@Menky90 15 күн бұрын
Depends on family my grandfather just died in November and my uncle got $110,000 inheritance, mom got over $80,000 and a car and grandfathers girlfriend got $95,000. That’s great for them and all I got $0 and I have less than $500 sitting in my checking account with $2,500 in credit card debt a 16 year old vehicle and no house. So I got screwed.
@alicruz4900
@alicruz4900 15 күн бұрын
@@Menky90I feel you! My parents have a beautiful 2 acre home and were gifted multiple properties worth hundreds of thousands of dollars while also having close to $500,000 cash in the bank. I don’t own a home, have 3 kids and my father bragged about leaving nothing to me and my siblings, when he was left tons of assets
@markblaze4909
@markblaze4909 14 күн бұрын
The world does not need college anymore. We have the Internet.
@screaminseaman6121
@screaminseaman6121 9 күн бұрын
As an engineer, wholly agree. Half my classes I had to teach myself anyway through Khan academy or others
@static7985
@static7985 9 күн бұрын
college is more convienence than anything. no having to search for what you need to know. other than that everythign is found online.
@brigadgeneralvoid2508
@brigadgeneralvoid2508 7 күн бұрын
needed for the certificate
@ragingraichu219
@ragingraichu219 6 күн бұрын
Well, I dare say you do need it for like, medical careers, but that's about it. Even law careers can be done online these days.
@StochasticUniverse
@StochasticUniverse 7 күн бұрын
28:56 "everybody was skinny [in old videos]" YES! The thing that always gets me is that you go even further back in time, to Woodstock in the late '60s, there are literally hundreds of thousands of college kids wilding around the place. Look at them in old, archival footage. Basically nobody was fat. It was just kind of unheard of back then. US government agricultural policy that produced a glut of corn, which then required food scientists to invent new uses for corn, like corn syrup (which then got put into every imaginable product), caused the inflation of the American waistline. It directly ties back to agricultural policy. I was a kid in the early '80s and basically nobody was fat. In my entire elementary school, with ~400 kids, there were like 2 kids that were actually fat. It simply didn't happen back then. Nowadays, it's one out of every 5 kids! And the sad thing is that things have changed so much that the younger generation may not even realize just how much we've mutated our bodies with our cultural procilivities since times before they were born. In the way of all Zoomers, they probably just assume that it's always been that way -- but no, it hasn't. It's not only a change, it's a comparatively recent change. It's happened within my own lifetime, and I'm only 41 years old.
@CaptainMisery86
@CaptainMisery86 15 күн бұрын
A big problem with voting on some propositions is that they are frequently bundling multiple unrelated things together. A few years ago Florida had people vote on whether or not they should ban indoor vaping, but if you voted to keep indoor vaping, you were also voting for more oil/gas drilling
@neotronextrem
@neotronextrem 15 күн бұрын
That's the modern democracy scam. Unless there is single issue voting, we'll always get scammed.
@N7sensei
@N7sensei 15 күн бұрын
lol, that is funny
@gezenews
@gezenews 15 күн бұрын
Florida is being hijacked. People wanted to come here because of common sense shit like don't lockdown the entire state. Now we're waging war against jewish students and calling them anti-semites and banning weed again.
@whytho1690
@whytho1690 15 күн бұрын
Recent tiktok bill was the same thing, except it happens in congress FAR more often.
@Hairybuffalo
@Hairybuffalo 15 күн бұрын
Yea nobody wants to breathe other peoples moisture that was inside their lungs. Gross dude.
@Swoiny
@Swoiny 15 күн бұрын
remember when epstein island was raided and nothing happened after that?
@Jambuki888
@Jambuki888 15 күн бұрын
I member
@NetBattler
@NetBattler 15 күн бұрын
I forgor
@kennyaero360
@kennyaero360 15 күн бұрын
Tf that shit has to do with the topic?
@Swoiny
@Swoiny 15 күн бұрын
@@kennyaero360 you got offended over my comment lol did you visit the island or something
@zumzici1234
@zumzici1234 15 күн бұрын
​@kennyaero360 no accountability and protection for those in power. Nothing will change unless the working class is able to hold those making these decisions accountable.
@wyatthennings4327
@wyatthennings4327 12 күн бұрын
Thanks for reviewing this video. I wanted to watch it but I swore off Ted Talks a while back.
@SquidInJapan
@SquidInJapan 9 күн бұрын
I love that most of the points he makes in his presentation are so clearly good that he doesn’t even feel the need to explain them. He knows we will get it, and doesn’t talk down.
@miinyoo
@miinyoo 15 күн бұрын
Globalization of labor has a lot to do with this. Companies hiring in cheaper labor on visas. They all spent billions lobbying to be able to do that instead of train the next generation of domestic kids and pay them reasonably for it. It's not the whole story but it's not an insignificant part of it. It's just cheaper in almost every way.
@greenbean4422
@greenbean4422 15 күн бұрын
Globalization *in general* is why a lot of economic effects have taken hold of ours and others economy without much you can do about it
@lamename2010
@lamename2010 15 күн бұрын
The strong anti-natalism that has existed since at least the 70's is another factor. And at some point it became the cope for why people could not afford kids. They "chose" it. Instead of being forced into it. And because of this anti-natalism has gone from being a minority view, to an outright majority view.
@crowd175
@crowd175 15 күн бұрын
What can I say if US printmoney means every single economy just swallow the blow cause US dollar is the international exchange valuta. If other countries would use their own currency US would collapse in a minute the only reason politicians of US can abuse by printing value from thin air cause they are the last who will fall from the consequences, everybody else should buy US dollar if they want to trade globally so the burdens of that randomly generated value hack that they're using are on everyone not just on the US until countries start to refuse to use dollar as exchange currency.
@goncalocarneiro3043
@goncalocarneiro3043 15 күн бұрын
What should have been an avenue to increase the prosperity of everyone became the prosperity of the few... Only in a bizarro world does more supply somehow equate to more misery.
@iamscoutstfu
@iamscoutstfu 15 күн бұрын
Globalization of labor is caused, in turn, by government intervention in the market, making it more costly to employ local labor. However, as robotics spin up, we'll likely see that shift back towards domestic manufacturing. We want to position ourselves with cheap, abundant power., and high density for professionals oriented towards manufacturing optimization, robottronics, and automation sciences.
@PsychoathGOD
@PsychoathGOD 15 күн бұрын
My loan was 65k for my BSN. Only paid it off early because of a car accident that was the other person fault.
@hs.j7291
@hs.j7291 15 күн бұрын
It's in the rules. Biker's fault
@garymcmillan6943
@garymcmillan6943 15 күн бұрын
You could have traded your car payment for a beater to pay your debt. Guessing you didn't consider that.
@fornhunkle
@fornhunkle 15 күн бұрын
​@@garymcmillan6943 65k was the cost of school, not a car. They were in a car accident and the other person's insurance probably paid out 42k for permanent injuries, this is what they used paid off their SCHOOLING.
@despain8726
@despain8726 15 күн бұрын
Americaaaa Americaaaa God shed his grace on thee. And all the insurance companies are all full of fucking thieves~
@kevintran7208
@kevintran7208 15 күн бұрын
​@@garymcmillan6943It could have already been a beater car or their parents' car. Guess you didn't consider that 😂.
@grantwithers
@grantwithers 12 күн бұрын
Thing about SS is tho, you have to pay like 5% of your check into it, so when you're getting this money paid to you as old age insurance (aka SS), essentially if you don't take it you just got taxed an additional 5% your whole life. Yes, employer usually pays half of the 5% but that's still just money you cost the company.
@Sephiroth1550
@Sephiroth1550 13 күн бұрын
When you feel torn about a technology, list out all the positives and negatives. Then cross out all the positives because companies eliminate those on every quarterly earnings call. Then look at what’s left on your list.
@certifiedgadzo
@certifiedgadzo 15 күн бұрын
my bad i didnt bought stocks when i was 7
@LimitBreakr424
@LimitBreakr424 15 күн бұрын
Those that did had to sell them to pay for rent and groceries
@degla232
@degla232 15 күн бұрын
yes its totally your bad that you werent a 7 year old investing wizard that could predict the next s&p 500 companies
@goodj111
@goodj111 15 күн бұрын
The next best time is now. N.B just buy indexed etfs
@FleshWizard69420
@FleshWizard69420 15 күн бұрын
Should have bought a house in 2008 instead of being in school 😤
@BussinandDiscussin
@BussinandDiscussin 15 күн бұрын
I looked at amazon even 2014 would have been a 1000% feels shittiy
@undeadcenturion402
@undeadcenturion402 15 күн бұрын
Its funny because the same old people who fucked it up this bad expect us Gen Zers to fix it and call us lazy pieces of shit when we say hell the fuck no.
@anders8204
@anders8204 14 күн бұрын
I don't think anyone expects you to fix anything. I don't think anyone expects anyone to fix anything anymore. There is a good reason why people's primary goal is to earn enough so they don't have to deal with the broken shit, rather than to earn money so they can start fixing things.
@WarNoob755
@WarNoob755 14 күн бұрын
They were telling the millennials the same thing. They honestly don't know the difference between our generations.
@flynnoflenniken7402
@flynnoflenniken7402 14 күн бұрын
Yeah, as a mid-30s Millennial, I've been hearing that from old folk since I was in high school. Blaming Millennials and their avocado toast for all the problems in the world, and I'm sitting there like, I'm a dumb teenager with no power or influence, you guys are the ones running things. At some point they moved on to Gen Z cuz they're the current new kids, and at some point they'll probably move on to Gen Alpha and do the same thing all over again. Also, you may have seen some reports about Gen Alpha being "more conservative and industrious" than previous gens or some bullshit. They said the same thing about Gen Z when you were Gen Alphas age. Back then it was just wishful thinking on the part of the media and another opportunity for them to take a dump on Millennials, and now it's just wishful thinking on the part of the media again and another opportunity for them to take a dump on Gen Z before your time in the spotlight ends. Try not to let it get to you; it's all bullshit.
@markblaze4909
@markblaze4909 14 күн бұрын
If the shoe fits. Problem is people think they aren’t responsible for their own problems
@WarNoob755
@WarNoob755 14 күн бұрын
@@markblaze4909 Children by definition usually aren't.
@sapperEvO
@sapperEvO 9 күн бұрын
I don't get the point of these talks. I agree with most of them but, no one does anything after. They're just like, "welp! onto the next day!" Raising awareness does nothing when you don't have the reigns to change it.
@jetteaime
@jetteaime 5 күн бұрын
idk I disagree, who knows who’s views change because of talks like this. Keep in mind the people who can make societal changes are likely not the people who can do studies like this
@kaleidsbox6915
@kaleidsbox6915 7 күн бұрын
It's not really (only) the fat. It's mainly the masses of sugar that have been "normalized" in almost every food item and beverage you'll come across to consume nearly all over the world over the past few decades all while blaming the growth of obese people on the "evil fat".
@taku-ruki
@taku-ruki 15 күн бұрын
whoever said that no to the "people are to stupid to understand these things" comment. I implore you to work retail for a few months and rethink that statement. People cant even read plain text or simple exit signs and run around like headless chickens.
@TSC_Miles
@TSC_Miles 15 күн бұрын
A few months? 3 days, Work 3 DAYS in retail, you'll lose 20 IQ.
@Cyber-Rain
@Cyber-Rain 15 күн бұрын
I've seen people pull up to a pump with their gas tank on the opposite side 3 times in a row. I've seen people ignore big, generous, and free parking spots just to block a pump and use the bathroom. No, they weren't getting gas. Yes, people who were getting gas were held up because of them. I've seen people drive forward and in reverse, heading in the wrong direction of a one-way street. I've seen accidents and near misses because someone failed to yield.
@Totsy30
@Totsy30 15 күн бұрын
Idiocracy is becoming a reality. I see kids in their teens who don't even know how to tie their own shoes.
@akaku9
@akaku9 15 күн бұрын
@@Cyber-Rain These examples start out extreme but turn into run of the mill mistakes. If you had a counter on your desk that went up every time someone failed to yield; you'd never drive again.
@Buttz2Buttz
@Buttz2Buttz 15 күн бұрын
Overheard someone ask, "where do you get your Jersey Tomato's from?"
@Avalanste
@Avalanste 15 күн бұрын
The old people are not leaving and still hogging the seats.
@fanaticist
@fanaticist 15 күн бұрын
the young people are competing with infinite streams of hondurans who will do jobs for $10/hr forever.
@roberts7873
@roberts7873 15 күн бұрын
The demographic crisis is going to be Historic. Women wasting their fertile years chasing careers/Chadrone. Men checking the fuck out because of Divorce/Dating being dead. Open borders to try and kick the can down the road for a generation or two. Government spending on everyone but it's own citizens. Stagnated wages/lack of middle class jobs because of automation/globalization. Imma watch it 🔥
@Sariine436
@Sariine436 15 күн бұрын
​@@fanaticistnah, at some point they will complain. They need food and a place to stay.
@TheNightmareTroll
@TheNightmareTroll 15 күн бұрын
@@fanaticisttell me about it these people are everywhere and why would they increase pay when people outside of americans are gonna get benefited more than us.
@mattvoelker241
@mattvoelker241 15 күн бұрын
@@Sariine436 Dont worry, Uncle Joe's got em covered. They're getting free room and board in NY atm
@joebloe9901
@joebloe9901 7 күн бұрын
I just seen a tiktok video of an older retired guy who owns his property but he has to pay 700 dollars a MONTH in property taxes and he never gets to actually retire. Because of social media younger generations are seeing the reality of never owning anything and it sucks.
@weirjf
@weirjf 6 күн бұрын
Actually a very easy fix for rent (the major cost of living for anyone making under $130k a year): limit rent for every 500sq/ft of space to no more than 30% of what the minimum wage is, after taxes, in every state. People will either be forced to sell properties to willing buyers, and those who still can’t buy will be paying affordable housing rates.
@Wraith983
@Wraith983 15 күн бұрын
We solved this 100 years ago under Eisenhower and then we spent over 50 years reversing it.
@erikhendrickson59
@erikhendrickson59 15 күн бұрын
Here's a little-known fact: Prescott Bush (HW's Father, and George W's grandad) spearheaded the plot to assassinate FDR to prevent passage of The New Deal. The plot was uncovered by a whistleblower, and NOBODY WAS PUNISHED. His son and grandson went on to become future presidents. At the very least, The New Deal saved America from the Great Depression (and potentially ended the Depression worldwide by massively increasing the supply of many important commodities on the market)
@googleisevil8958
@googleisevil8958 15 күн бұрын
We nothing. The government did this under our noses. They didn't like Eisenhower because he was a true American.
@wtfTimmy
@wtfTimmy 15 күн бұрын
My comments keep getting deleted, read quick and repost!! Americans are indoctrinated into the lie that if they're good little citizens,
@wtfTimmy
@wtfTimmy 15 күн бұрын
if they just stay in their place, they'll be rewarded for their hard work and kindness with the "American dream"...and by the time they've realized its all a farce they'll be to old to care and lack the will to do anything about it.
@chefdougy
@chefdougy 15 күн бұрын
HUH
@BaitingSodaRun
@BaitingSodaRun 15 күн бұрын
Maybe this is not what Asmon tried to say before he skipped over when mentioning treating kids around age 14 as adults, but maybe he wanted to say that when you are a teen, you should start getting treated as an adult slowly so that you get used to it, while someone else is still responsible for you (meaning you have a safety net). This way you will allow them to fail and learn from it, such that when they are 20+ they will actually be able to be an adult. If you are 17 and you were never allowed to have any part in any kind of responsability, be it money, decisions, thinking about future or solutions to stuff, there is absolutely no way that you will magically be able to do any of it properly at 18. Think about it, if you never let a teenager figure out how to spend 60$ (which is fine if he literally throws it out the window), what will happen when he is 19 and needs to decide if he wants to go 60 000$ in debt?
@BassRacerx
@BassRacerx 14 күн бұрын
this. You can't shelter teenagers and then the day they turn 18 they magically become an adult. You have to slowly introduce them to consequences of their actions and long term decision making or they will miserably fail as a young adult.
@jeremymullens7167
@jeremymullens7167 14 күн бұрын
Those first two graphs in the six graph slide show an increase in self harm and depression for young girls and it’s correlated to social media use. Social media is harmful for teenage girls.
@geekofsteal
@geekofsteal 14 күн бұрын
Indeed. Previous generations, particularly pre-baby boomers, were not treated with the kid gloves that we typically do now. If you were a teenager in the 50s or previously, you were working the farm during summer months when not in school. You were doing more chores, and trusted to go outside and and not get kidnapped(which honestly was probably not the best idea). Modern life in 'The West' is both a fairly new phenomena, and a luxury. We are seeing the beginning of the decline of a society that most people never think to fully appreciate, and the '3rd World', which seems so far away and something we take pitty on, will eventually become our reality if SOMETHING isn't done to course correct. I don't have an answer to what that something is.
@trajectoryunown
@trajectoryunown 13 күн бұрын
Used to be that way. Kids were raised to be adults. Now they look at people in their late teens and early 20s like they're still young pups. They're NOT. Many of our founding fathers were part of that age group when America was founded, for Christ's sake!
@ArtimaeusSkylight
@ArtimaeusSkylight 12 күн бұрын
He also said to take away their right to have social media. What happens when they jump into that ocean at 18? I don't think kids should have it but just like his "bad parenting" comment it's something that can be supervised and educated on. Prohibition proved that banning things makes it worse. Legalize Marijuana, it isn't cut with garbage. If you ban social media but it exists, the kids will find some other platform and the same dangers will exist there, if not worse.
@Maouww
@Maouww 14 күн бұрын
About banning phones in school, "You're treating them like children" - this is too idealistic. When students believe they are equal to teachers, the attitude in classrooms is non-cooperative. There is hierarchy between master and student and that NEEDS to be respected. My sister, mother and mother-in-law are all teachers and they've commented that the newer generations are increasingly affected by main-character-syndrome.
@Maouww
@Maouww 14 күн бұрын
Oh I wrote this comment before the part about banning in class. We're on the same page then.
@shirothefish9688
@shirothefish9688 9 күн бұрын
The problem isn't phones. It's respect. If you respect your teachers and care what they have to say It doesn't matter if they let you openly use the phone for whatever, you won't, because the phone isn't as important as what they have to say. And second to this, is that the schooling system doesn't care what students want to learn or are interested in. So they don't care for the class, they have little reason to respect the teachers any more than any other random adult And so they don't care. And the parents aren't teaching them to care or respect the teachers. The parents are letting the Internet and uncle sam parent their kids. And it all fucking sucks
@dudeistpreist5721
@dudeistpreist5721 5 күн бұрын
29:00 the food is more processed, the portions are larger, and we consume more sugar and less non gmo food.
@gunnerbither7786
@gunnerbither7786 15 күн бұрын
At this point I’ll be a 30 year old with $300,000 buying a double cheese burger for $55,000
@StoryModeAJ
@StoryModeAJ 15 күн бұрын
The burger is also a time share... I get to bite it 3 months out of the year
@claybirdyshaw5737
@claybirdyshaw5737 15 күн бұрын
Quit exaggerating. There is no way a burger will break $10k in the next decade. I bet it won't even break $8k, but that is still in the realm of possibilities.
@backalleyburrito1815
@backalleyburrito1815 15 күн бұрын
​@@claybirdyshaw5737wagyu beef burgers are allready close to that
@rRekko
@rRekko 15 күн бұрын
Not so far off tbh. In Argentina when i started working 14 years ago, the min wage was 1400ars and the big mac was going for 3ars, then 7 years ago min wage was 7k and big mac was 40ars. Today min wage is 221k and big mac is 4700. Thing can go crazy very fast, especially if the government prints so much money the exchange rate goes from 1 usd = 60 ars to 1 usd = 1200 ars in 4 years.
@kokocaptainqc
@kokocaptainqc 14 күн бұрын
canada a single PLAIN cheeseburger is 11$
@EverybodysEnoch
@EverybodysEnoch 15 күн бұрын
I took classes at community state and private colleges, and I think community colleges did it best. They’re not trying to weed out less intelligent students, they’re actually trying to teach a complex concept to as many student as possible so that they might succeed. Prestigious institutions on the other hand are just like one long test
@Theehannle
@Theehannle 15 күн бұрын
Im not the only one who experienced this same problem
@michaelmach9515
@michaelmach9515 15 күн бұрын
Yeah getting my degree was basically you understand immediately or you fail. Not enough TAs and most professors dont give a shit if you pass or fail and dont have wnough office hours
@NTJedi
@NTJedi 15 күн бұрын
News Flash--- The only people who care about degrees are other people who were tricked into getting a degree. No college degree and 6 figure income as senior software engineer from Fortune 100.
@aidanbrown7137
@aidanbrown7137 15 күн бұрын
So true. Current honors stats student at a UC that transferred from a community college. I fucked up in high school and wanted to turn my life around. I’ll tell you that my community college classes on average had better teachers. They wanted you to learn. Professors at UC don’t give a rats ass if u do well. They don’t want to answer questions, and offload work on to overworked and underpaid TAs. There are some good professors and you must seek them out and cherish them like gold if u want to do well. Additionally, big portion of successful students with good GPA are taking easy classes they don’t need because they don’t wanna risk a hard class with a bad professor ruining their chances of grad school/med school etc
@MollyHJohns
@MollyHJohns 15 күн бұрын
Community college aka trade school? Is it different? I heard people who went straight to trade did alright.
@ykmnkmi
@ykmnkmi 14 күн бұрын
That’s because of managing the growth of the share price in our company, it optimizes staff and costs for it, i.e. they do not increase wages. There is no such problem in state organizations, with little lower wages.
@namenlosNamenlos
@namenlosNamenlos 10 күн бұрын
WEF klaus schwab: you will own nothing be happy.
@MrWilliGaming
@MrWilliGaming 15 күн бұрын
the funny thing about demographics is that you can see whats gonna happen 10-20 years from now today. I am never gonna go into retirement I am gonna work until I die. why the fuck would I care about a "social contract" or a nation that sees me as little more that a common servant?
@RemniCreatives
@RemniCreatives 15 күн бұрын
Because the people in power don't represent you- and there are tens of millions of people who think like you do. The social contract is being breached, but it is not broken - it's not an either or. We need people like you to keep having conversations with people, to be open to new ideas and better paths forward. The video presented many ideas that bridge the gap between the ideological divide in this country - let this be your platform. I believe in you.
@NTJedi
@NTJedi 15 күн бұрын
As the 1st world countries are catapulted into poverty... organized crime will skyrocket and government police states will rise. Within 80 years It will be a Mad Max world mixed with Judge Dredd law enforcement
@chaseray7321
@chaseray7321 15 күн бұрын
@@RemniCreativesLegitimately inspiring thank you. Yes, we should never give up and let these scum of the earth leaders have their way.
@vicious3526
@vicious3526 15 күн бұрын
Studies have shown that the biggest reasons people are happy are: 1. Family relations 2. friend relations 3. Physical health 4. community relations. In that order. So families are smaller, people have less friends, people are less healthy and people don't get involved in community. That's why people are unhappy.
@lutherloser5122
@lutherloser5122 15 күн бұрын
Very true i thought the world was a dark dark place… until I went outside then it was just a dark place
@N7sensei
@N7sensei 15 күн бұрын
Correct. I am in my mid 30s. When I was a kid I had a lot of kids nearby to play with. I had 7 cousins, with 3 of them we spent around a 100 days together every year. Most of my high school friends moved far away, almost none of them have kids, and most of them never will. My sister has 1 child, my brother 0. None of my 7 cousins have or will ever have kids. I have 1. My wife doesn't want more, can't convince her in any way - she is lazy, entitled and hedonistic. My kid will not really have any friends as there are no kids in the neighborhood. He only has 1 cousin. His grandparents are really old, and will be gone before he comes of age. Technology, power, and wealth and the pill made wmn lazy, hedonistic trash piles who do not want to have kids. They are ending civilization.
@thelordlyone1977
@thelordlyone1977 15 күн бұрын
​@@lutherloser5122You are a dark place
@EeveeRealSenpai
@EeveeRealSenpai 15 күн бұрын
not enough Fortnite sadge /s
@cardboardtaco4503
@cardboardtaco4503 15 күн бұрын
@@N7sensei I agree but how long have you felt this way about your wife? Or in other words, when did you come to the realization she was this way?
@dt8694
@dt8694 2 күн бұрын
College was $60k to $80k a year of taking more credits even though I had scholarships. Courses in my middle school and high school were more academically advanced than what you were saying since I had statistics and calculus in middle school. 9th grade taking AP calculus AB, 10th grade calculus BC, and then IB math HL2 for 11th grade and HL 3 with advanced college math courses for senior year.
@cocosusprime
@cocosusprime 5 күн бұрын
Voting changes the person on the throne, but people being angry and refusing to act like mindless drones is what forces the throne to change how it works, so that the throne remains even when the one that sits on it changes.
@entertainthespirits
@entertainthespirits 15 күн бұрын
That had to be the most awkward, reluctant clapping I’ve ever seen from a TED audience. You could almost feel them squirming in their seats. I think the only thing they enthusiastically cheered for was the portrait of Trudeau (the guy currently causing the housing crisis in Canada and importing millions of Indian student-visa wage-slaves) This guy has serious balls for getting up on stage in front of a room full of rich neoliberal gen-Xers from Vancouver and tell them that they are actually part of the problem.
@ZugzugZugzugson
@ZugzugZugzugson 13 күн бұрын
the ones who clapped were the ones willing to admit it, which means more than half the room refuse to acknowledge that they literally ruined the world for their children and their children's children (assuming that generation will have any at all, which is highly unlikely at this rate).
@Matthew.33.
@Matthew.33. 15 күн бұрын
Btw the modern world feels like WoW when you are new player and there is people that have 20 years straigth playing, and become ultra toxic and elitist to new players. You know the result of this behavior enveryone just stop playing your game and play another game.
@blackelton7127
@blackelton7127 15 күн бұрын
I’ll be hanging out in Goldshire drinking Thunderbrew
@jer1776
@jer1776 15 күн бұрын
Thats exactly what Europeans decades/centuries ago put up with back home and why they said fk it and decided to come to the new world.. makes you wonder if there will ever be another wave of people leaving for better opportunity elsewhere.
@ikuma8291
@ikuma8291 15 күн бұрын
Yeah but where? Antarctis?
@Jimmykings25
@Jimmykings25 15 күн бұрын
Pretty true lol politicians and billionaires are gatekeeping having a good life
@ripplecutter233
@ripplecutter233 15 күн бұрын
Maybe the problem isn't that life is crap, but that there's no "other game" to ragequit to anymore.
@DFjef
@DFjef 14 күн бұрын
windmills kill birds tho, just not "ALL" birds. it does suck that they cut in half eagles tho
@51L3NTF1R3
@51L3NTF1R3 13 күн бұрын
appreciate you jumping right on this Ted Talk asmon! ✨👏🏽 thank you 🙏🏽
@kerotomas1
@kerotomas1 15 күн бұрын
Social media simply made the people realize the huge inequalities by showing it without choice into their faces. No wonder that creates massive frustration.
@gottagofastest
@gottagofastest 15 күн бұрын
No people were mad about it before social media took over, that's what Occupy Wall Street was about (and why the elites started distracting the left with race and gender stuff)
@Shannara360
@Shannara360 15 күн бұрын
When I got out of highschool my local community college was 1-2k a semester. Now it's 2-3k per class.
@oldkingspook
@oldkingspook 7 күн бұрын
We all grew up being told the sky's the limit, only to have any solid foundation ripped out from under our feet and the only help we get from older generations is advice to "buck up and try harder."
@jchoneandonly
@jchoneandonly 10 күн бұрын
2:48 the irony in what he just said is that college is expensive specifically because of government interference. Blatantly not capitalism
@3lH4ck3rC0mf0r7
@3lH4ck3rC0mf0r7 9 күн бұрын
The thing you're missing is that the government interfered because the politicians working for the government were paid by college brokers to interfere in their favor. Therefore, it was because capitalism. Wealthy capitalists influenced your government, which in turn interfered the economy, rigging it against the general population.
@PraiseTheRoof
@PraiseTheRoof 9 күн бұрын
Both can be true, the American government always works from a capitalist framework. Everyone knows the politicians are at the behest of their donors and not constituents, so anything they do will at best, make sure the capitalist class doesn't end up worse off. Introducing federally guaranteed student loans, which has directly lead to the hyperinflation of college tuition is an example of this. Had they been working from anything but a capitalist framework, the solution would not have been to further privatize the educational sector.
@3lH4ck3rC0mf0r7
@3lH4ck3rC0mf0r7 8 күн бұрын
Bribing politicians is legal in your country, so who's to say that government interference you so loathe wasn't caused by the rich and powerful?
@Erowens98
@Erowens98 7 күн бұрын
​​@@3lH4ck3rC0mf0r7 It was absolutely cauded by the rich and powerful. But thats not capitalism. Captalism demands minimal governmental interference. Right now, the supposedly "capitalist" corporations are using the government to control the market to their favor.
@UnderstandablyRelatable
@UnderstandablyRelatable 14 күн бұрын
Idiocracy is a hell of a documentary.
@exginto8053
@exginto8053 15 күн бұрын
Dude: "I have 720 second and 44 slides" Asmon: "46:38"
@moowilliams731
@moowilliams731 15 күн бұрын
ya.. this one was hard to go through, when i started to want to listen to the guy, not that i dislike asmon, but this is too good not to listen to, so amma listen to the original first, then asmons
@nikkfrostt
@nikkfrostt 15 күн бұрын
Yeah he's normally not so bad but half way through, had to skip about 5 minutes of asmon randomly talking after the guy speaks for 15 seconds. Some input is nice, but quickly became a random asmon rant video with brief youtube shorts.
@prime6965
@prime6965 15 күн бұрын
@@moowilliams731 Then just watch the original vid haha
@bobaworry6500
@bobaworry6500 15 күн бұрын
Then just watch it yourself duh? It's free on a youtube​@@moowilliams731
@Immortan_JoJo
@Immortan_JoJo 15 күн бұрын
​@@moowilliams731You can go watch the original video and come back here.
@916vkidd
@916vkidd 12 күн бұрын
I go to a private Nursing school on the west coast (not west coast university) and tuition is 569* a unit. Most classes are 4 unit classes.
@thetdy1
@thetdy1 14 күн бұрын
You can use public key cryptography for private online identification. This is stuff that's been around since the 70s but nobody in power wants you to know this because the things people are afraid of when they hear online identification are features in the system the government wants to create.
@metatron107
@metatron107 15 күн бұрын
in 1975 you could work for a _summer at mcdonalds_ and afford a years tuition at yale, a place to live during school, and a new mustang.
@colinfindlay4790
@colinfindlay4790 15 күн бұрын
And now a student in the Phillipines can work for a summer, for a US company, over Zoom, and get a years tutition at their local varsity.
@mikesteelheart
@mikesteelheart 15 күн бұрын
It wasn't that good, would've been a 4 year old Mustang lol...
@g.lowenklee2268
@g.lowenklee2268 15 күн бұрын
I don't know about that, but I did check the math on something similar: in 1969 if you worked a full-time minimum wage job, your annual salary was enough for tuition at a state college, books, and room & board for the whole year ...with 75% of your income left over. It seems like purchasing power has been eroded since then by flatline wage growth, largely a function of wealth transfer to the top, as well as price increases, also largely a function of wealth transfer to the top (albeit less directly).
@yeetusdeleetus4697
@yeetusdeleetus4697 15 күн бұрын
@@mikesteelheart I would have to work 740 hours right now to be able to afford a 10 year old car.
@Hairybuffalo
@Hairybuffalo 15 күн бұрын
@@g.lowenklee2268 Retirement, 401k, these are people who are lining up their families after they pass with more wealth. There's where wealth is found. It may be unfair, but its the benefits of education and a decent career.
@jasonkeely7269
@jasonkeely7269 15 күн бұрын
Cost of living is complete out of control. With my salary, military retirement/disability i make almost 200k and I'm below the median income to buy a house in San Diego. A 3 bedroom house here with holes in the roof and crackheads next door and its selling for 800k
@SLEAZEBAGJONES
@SLEAZEBAGJONES 15 күн бұрын
Problem solved: Leave California (don’t go to Texas though we’re full)
@jasonkeely7269
@jasonkeely7269 15 күн бұрын
@SLEAZEBAGJONES unfortunately they closed the Navy base and the big shipyards in Ingelside. I run a shipyard in SD since I retired from the military otherwise I'd be right the fuck out of here
@EeveeRealSenpai
@EeveeRealSenpai 15 күн бұрын
California is fucked, people who aren't rich that live there are just in a death trap.
@trashl0rd
@trashl0rd 15 күн бұрын
The problem is not isolated to Cali. Even low cost of living areas are no longer "low cost," or are only low in a relative sense, relative to high income areas where you'd EXPECT things to be expensive. I live in a bumfuck city in the south and my rent has gone up $300 over just a couple years (tiny one bedroom, btw), along with the increase to everything else. It's insane.
@MichZilla90
@MichZilla90 15 күн бұрын
@@SLEAZEBAGJONES Florida is too
@LuckyLlamaLiam
@LuckyLlamaLiam 14 күн бұрын
Term limits are an admission that things are so corrupt they need a limit on how corrupt that person could get.
@patg14
@patg14 14 күн бұрын
Thanks for linking to the video. A react video without citation is theft.
@ironboundfate
@ironboundfate 15 күн бұрын
Crazy how home prices are going up insanely sharp and the people making them are cutting corners in the most dangerous ways.
@Totsy30
@Totsy30 15 күн бұрын
Yeah I've worked in contracting. Landlords (scumlords more accurately) just buy houses and do the BARE minimum to make them sellable, then overprice them and people are forced to pay that price since it's still the cheapest around.
@N7sensei
@N7sensei 15 күн бұрын
Home prices are artificially inflated by mayors, governments, politicians, homeowners, and groups such as private pension groups and such.
@glasszeraki9195
@glasszeraki9195 15 күн бұрын
Made out of cleverly stacked sticks and walls made out of press board. Race to the bottom.
@berniepina860
@berniepina860 15 күн бұрын
Guess we'll all just work 60 hour weeks until we drop dead of exhaustion. And still have nothing to show for it.
@juankeyblademaster
@juankeyblademaster 15 күн бұрын
I'm already doing 80 hours for the past 5 years to afford rent and pay my student loans back.
@37Kilo2
@37Kilo2 15 күн бұрын
That's what they want. They want to make money on the backs of the lower classes. It's legal slavery.
@riel0563
@riel0563 15 күн бұрын
Wow you're so ungrateful. That plastic trophy and plaque you may or may not have gotten and the pizza party mean nothing to you?
@riel0563
@riel0563 15 күн бұрын
​@@juankeyblademasterI hope those 80 hours are in a field you need your degree for. But it's somewhat unlikely.
@mangomariel
@mangomariel 15 күн бұрын
@@juankeyblademaster wtf? in my country it is illegal to work more than 40/week
@xeecec
@xeecec 14 күн бұрын
the sadest thing about this is that a youtuber is showing issues that you news wont show... we won't own a home, we will pay big companies to live
@pekka1900
@pekka1900 9 күн бұрын
I'm not from the states (Finland), and I can understand a lot how Americans feel, but I'd like to add that my life was a complete mess until 25 (now 34), and it wasn't from a lack of money or opportunity, although I was poor. I think the biggest problem is a lack of vision for the future. Literally no one cared about my life as a kid, nor guided me. Some vague "what you wanna do as adult" questions only. Where was the single word of encouragement or an act of love or kindness, or a single "I love you". Kids if ever hear anything actually positive from anyone. Let alone from their own parents. There was a post ww2 vision that we'd all work hard and reach a material utopia, presto; end of history and eternal bliss. That generation is now old or dead. Now the material and financial momentum is still there to carry the whole thing forward, but it is running out of steam. The current generation sees no future, but constant fear mongering and end of the world panic. People just don't give a shit unless its something short term beneficial for them personally. I think we're in for a rough ride in this century, but yet I'm just about to start a family and build a house. I refuse to give up.
@laillahilaallah001
@laillahilaallah001 15 күн бұрын
The average American today (and any Euro for that matter) is orders of magnitude more poorer then previous generations. Think about it, the entire muscle car boom of the 1960's was driven by the youth market. Auto Executives realized that 16-17 year old's buying new cars wanted to have fast cars with lots of power. Most muscle cars were bought by people under 25. Anything older then that thought they were gimmicky and impractical. America was SO prosperous in the 1960's that a 16 or 17 year old could work for a minimum wage 40 hours a week for a 3 months during the summer and have enough money to buy a brand new muscle car like a Camaro, Charger, Mustang or GTO. That was the life boomers lived. A few months of waging was enough to buy a brand new car that was very cool and fast. the entire auto industry had to change factories and production and logistics because of the immense buying power of literal fucking teenagers. Can you imagine that today? Can you image if people under 24 made so much money and spent so much money that massive fucking industries like the automotive industry would change their entire strategies, multimillion dollar CEOs would attending business meetings of the highest degrees to formulate a new plan going forward because of this new founded market demand? its unfathomable . Most young people today can barely afford a used car, let alone something brand new.
@user-do1hk7mg5y
@user-do1hk7mg5y 15 күн бұрын
Today people can work 40h per week and not afford the fucking maintenance of such a car
@jesseparrish1993
@jesseparrish1993 15 күн бұрын
Our standard of living is way higher than it was for boomers by every conceivable metric. Adjusted for inflation, a muscle car sold then would cost around $23,000. Cheaper than today? Sure, but also built to lower standards, less safe, and less reliable. But yeah, some quick math: if you make $15/hr, that would be 40 weeks of full time work to buy this car in today's money. In 1965, minimum was $1.25 and a hardtop cost $2427, so that turns out to be more like 50 weeks. Granted buying a mustang today is a lot more expensive, but that's because a mustang is now a luxury item, not just a huge motor slapped onto 2 tons of steel. Buy a new Versa for $17k.
@laillahilaallah001
@laillahilaallah001 15 күн бұрын
Your right. The standard is way higher. But the cost of living is way higher too. Boomers just lived in another dimension
@degla232
@degla232 15 күн бұрын
@@jesseparrish1993 Plus the population nearly doubled from 1960 till now
@jesseparrish1993
@jesseparrish1993 15 күн бұрын
@@laillahilaallah001 The average home size has grown from 900 sq ft to 2500 sq ft. I rented one of those cheap boomer houses once, so I can tell you, it's not just a difference in square footage. Recent inflation is genuinely making things a lot harder, but prior to that, we've lived in a land of milk and honey. Now if you're trying to get your start, it hurts. I budget groceries carefully and stick mostly to Aldi's, and it's hard to see how I could spend less than $100/week on it, much less rent said house on top of it, and actually be able to save and get ahead. So there's going to need to be a cultural shift and some belt-tightening. I don't plan to boot my kids out to rent at 18: they can stay at home while saving up a down payment with our help.
@nintenjamaster5270
@nintenjamaster5270 15 күн бұрын
Tuition cost aren't the fault of capitalism. It is government guarateed loans that dictate tuition costs. They loan more, college charges more. Everything the government meddles in becomes insanely expensive. Same with medicine. It was nonprofit until 1973 then government made it for profit.
@theWebWizrd
@theWebWizrd 15 күн бұрын
Finally a sane take. To be fair, it could also make sense to regulate the tuition fees in some way.
@Heeroyui752
@Heeroyui752 15 күн бұрын
That's incorrect. Schools directly invest in Capital markets with their endowments and partner with for profit corporations. The school I graduated from had a bridge program with Johnson and Johnson. It's 100% the fault of capitalism.
@N7sensei
@N7sensei 15 күн бұрын
@@theWebWizrd Our whole idea about education is flawed and is stuck in the 18th century. You can teach yourself IT skills for essentially free via online materials much higher quality than what you could get at uni. For example, there are completely free resources for Linux skills, or programming, or SQL or most technologies. Hell, an excellent ~40 hours long Udemy course costs 10$-20$. You can learn at your own pace, take your own notes, you can always rewatch it, pause it, or switch to another person explaining the same concepts in different ways that might be easier for you to understand! There is no acceptable reason why almost all of our education should not be like this. We could get a significantly better education at less than 1% of the cost.
@mokkymiah2742
@mokkymiah2742 11 күн бұрын
This is normal. It happens all the time throughout history. The difference is the introduction of passport and visas means people can't migrate easily. In the past when life became difficult people just migrated to get a fresh start.
@mafianation4386
@mafianation4386 14 күн бұрын
Bro doesn't think 15 is a child... careful there bud😅😂
@shirothefish9688
@shirothefish9688 9 күн бұрын
They're not children There not adults, but 15 is not a child. It's a teenager.
@yeahdonaldgaming3348
@yeahdonaldgaming3348 15 күн бұрын
I don’t think I’ve heard one president talk about this issue and it’s been an issue for a long long time. On another note what’s even worse about all of this is those of us who get shamed for still living at home in our 30s. Trying to save money with the small amount we make. The judgement of others is just kicking us while we’re down.
@The_Catnip
@The_Catnip 15 күн бұрын
The PM in my country did.
@N7sensei
@N7sensei 15 күн бұрын
WRONG. Trump talked about this many times, and was flogged for it. Look it up. I still remember his "sexist" speech about young men having terrible future prospects. He also did a lot to improve the situation.
@bandunga64
@bandunga64 15 күн бұрын
@@N7sensei Try Jimmy Carter not Trump. The policies he supports are the cause. Unfettered capitalism
@siegfread9683
@siegfread9683 15 күн бұрын
​@@N7senseiah yes so much to improve the situation. Like his tax cuts that across the board lowered taxes by 3 percent but when they expire next year will increase taxes on anyone making less than 100k by 6 percent. I very much feel the boost and love
@MadJustin7
@MadJustin7 15 күн бұрын
Living with my parents in my 30's in the ONLY reason I'm able to save some money, even after paying them some rent. If I was paying $1700 to rent like my friends, I would be eating ramen and putting most of my paycheck towards surviving. Yet I would never admit that I was still living at home. It's humiliating to admit.
@wobbles86
@wobbles86 15 күн бұрын
Our first born was 2018, second born 2020. Pre-covid, it was fucking fantastic. Money was okay, we managed fine. It was a decision we thought we'd be okay with. It's now 2024 and I hate myself for every THINKING it but there's days where I think "If we didn't have kids we'd be better off". I fucking HATE that it even crosses my mind. I have this unbelievable sense that by the time they're adults, we will have failed them as parents. We will have nothing to give like out parents did us.
@Thedouchenugget
@Thedouchenugget 14 күн бұрын
Don't blame yourself friend. YOU didn't fail your kids. Other people in government and megacorporations have subverted capitalism to their benefit at your expense.
@TeamSprocket
@TeamSprocket 11 күн бұрын
@@Thedouchenugget The economy is chugging along just fine. Where is the subversion of capitalism?
@Thedouchenugget
@Thedouchenugget 10 күн бұрын
@@TeamSprocket You're obviously bait.
@dillardc81
@dillardc81 7 күн бұрын
My first born was born 2018 as well, our second in 2021. Between that time, my Father unexpectedly died, my stepmom got cancer (then died). I had to quit my job to help my stepmom with her living situation and then her estate. The only thing that kept us from going bankrupt was their life insurance policies. Yes, if we didn't have kids, we'd be in a much better financial situation, but I couldn't imagine life without them. Give your kids a good upbringing and love them with your whole heart and you will not have failed them. Kids can grow up on a low income and still turn out well. Money isn't everything.
@druu988
@druu988 12 күн бұрын
I graduated from Sacred Heart University in 2017 by using the G.I. bill so I never had to worry about how much the classes were
@FrankLindsey757
@FrankLindsey757 13 күн бұрын
Exceptionalism means nothing by itself. You need to be well connected, inherit wealth, and/or be plain lucky. There really is no hope. There is no future.
@zionismisterrorism8716
@zionismisterrorism8716 3 күн бұрын
Why view it so negatively? You can also view it in a positive way. There's no future and no hope and nothing matters, so go have fun and travel to Thailand and party and wear crazy clothes. Have fun and enjoy the life you have.
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