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Joined 1 year ago
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Cake day: April 21st, 2025

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  • More like the publicly traded mega corps depend on people / the market wanting to buy their stock to inflate the value of their shares with speculative claims about their products cough artificial intelligence so they can leverage their ownership of that asset.

    Yeah the means of production being owned by the billionaires is a problem but it isn’t what’s going to gut people’s retirement funds lol


  • Blurntout@lemmy.catoAutism@lemmy.worldHow good is your intuition?
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    1 month ago

    We’ve been living the gradual creep for years it’s been staved off my policy that kicks the can down the road push retirement ages further out and incentivizing delaying benefits as long as possible or getting penalized for early retirement.

    It doesn’t have to happen “all at once” as soon as market participation is in net divestment mode fund manager’s like Blackrock and vanguard who’s passive etf strategy is give us money = buy stock they will be forced to divest to cover sell orders causing a cascade


  • Blurntout@lemmy.catoAutism@lemmy.worldHow good is your intuition?
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    1 month ago

    Really hoping I’m wrong about Gen X retirement en masse single handily collapsing the stock exchange causing the worst financial crisis to date.

    I haven’t peeped any numbers lately but the aging work force and passive investments into etf portfolios with nowhere near the cash reserves to cover the draw down once the generation of 6-10 children become dependent on the 1-3 children generation lol

    Basically a race between the ai bubble and the silver tsunami at this point pain all around














  • Blurntout@lemmy.catoGames@lemmy.worldWhy would I buy this?
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    11 months ago

    What I’m reading is use crowd funding with boycotted “would have been sales” funds to lobby government to regulate predatory game monetization 😅 but alas regulatory capture is a bitch and as long as number go up the world be damned so I guess I’ll go back to this ftp Chinese p2w warborne above ashes shenanigans that hits the PvP fix lol