Money or Poverty : Which is the root of evil?

Now is the time for buying when the market corrects itself everything will go back to where it was... just don't buy crap projects and stocks. Recessions are where people MAKE the big bucks if you are not scared. People and institutions have no choice but to sell.

For example: Weed stocks are the most hated. so they during a recession they will be ignored.
I got this micro-cap weed company I bought into which is not traded at a lot of exchanges because they are just too small. 10 million in their pocket, no loans, selling at 60% production capacity and increasing each qt. More sales they can handle. Have unlimited sale connection for exports.
No one cares, no one is buying.
On the last quarter they shipped 2million that the revenue didn't make the q/t making them a hare under revenue positive.
No one cares, no one is buying.

A month later they take 2million of sitting extra cash they buy an entire building that is triple the size of their current maximum capacity from a dying weed factory that happens to be like 50kms from their main operation. Building costed the other company 8 million to get. Just like that. 6 months of prep and they will triple their value. and years of gradual increase.
No one cares, no one is buying. It went up like .005%

End of year comes and a tons of people are unloading their least favorite stock to save on tax. of course they keep the well known company like tesla and sell the dumb weed company. It goes down another 5%.

A month later....The company has a deal where they run this plant which is a 50/50 profit with another company. It's like 70% of their total current sales. That other company goes belly up and they take 100% ownership out of the blue for 1.2million. It was worth about 4million. The place is already earning money and operating.

So what does the stock do? NOTHING. no one cares. In normal circumstances an institution would have already calculated its worth 5X more today and when the next 3 or 4 Qs come out it will be granted into the other exchanges which will shoot 6X more.
unless that crazy Asian super confident ceo dude keeps making crazy new moves and it will go further.
Some bank would have dumped a bunch of million in it but they are not.

And this is how the recession makes people earn a lot if you have money to dump.

Just stay away from tesla and those bluechips and influencer and meme coins while you are at it.
 
J-RAY said:
Now is the time for buying when the market corrects itself everything will go back to where it was... just don't buy crap projects and stocks. Recessions are where people MAKE the big bucks if you are not scared. People and institutions have no choice but to sell.

For example: Weed stocks are the most hated. so they during a recession they will be ignored.
I got this micro-cap weed company I bought into which is not traded at a lot of exchanges because they are just too small. 10 million in their pocket, no loans, selling at 60% production capacity and increasing each qt. More sales they can handle. Have unlimited sale connection for exports.
No one cares, no one is buying.
On the last quarter they shipped 2million that the revenue didn't make the q/t making them a hare under revenue positive.
No one cares, no one is buying.

A month later they take 2million of sitting extra cash they buy an entire building that is triple the size of their current maximum capacity from a dying weed factory that happens to be like 50kms from their main operation. Building costed the other company 8 million to get. Just like that. 6 months of prep and they will triple their value. and years of gradual increase.
No one cares, no one is buying. It went up like .005%

End of year comes and a tons of people are unloading their least favorite stock to save on tax. of course they keep the well known company like tesla and sell the dumb weed company. It goes down another 5%.

A month later....The company has a deal where they run this plant which is a 50/50 profit with another company. It's like 70% of their total current sales. That other company goes belly up and they take 100% ownership out of the blue for 1.2million. It was worth about 4million. The place is already earning money and operating.

So what does the stock do? NOTHING. no one cares. In normal circumstances an institution would have already calculated its worth 5X more today and when the next 3 or 4 Qs come out it will be granted into the other exchanges which will shoot 6X more.
unless that crazy Asian super confident ceo dude keeps making crazy new moves and it will go further.
Some bank would have dumped a bunch of million in it but they are not.

And this is how the recession makes people earn a lot if you have money to dump.

Just stay away from tesla and those bluechips and influencer and meme coins while you are at it.
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Unfortunately, I want a Telsa car if I can afford it.
 
Heatman said:
Unfortunately, I want a Telsa car if I can afford it.
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At least owning a car is a good asset at the end of the day. There is plenty of use out there for mobility to work.
 
J-RAY said:
motorbike, motorcycle. isn't is the same thing?

Anyway, I'll start a new topic about it.
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Trying to refer to it in terms of the power in the machine. Motorbikes comes with less powerful machine and is smaller which I believe is much safer to drive.
 
J-RAY said:
A the risk of broken bones isn't enough to stop me in life. It heals. I always though things like smoking and sugar and coffee are worse.
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Sugar is definitely worst. I nearly lost my mother last year cos of her high sugar level.
 
This is probably a dead thread, but I'm gonna comment anyways.

My personal opinion, poverty and money can be mitigated to a small amount of people, but can have disastrous effects on those in the middle.

People from lower income communities tend to go outside their neck of the woods to loot and steal stuff from a middle-high class suburb, and it ends up affecting the people who are just minding their own business. It can even be to the point where a hard-working individual with one's own shop/business can be affected (e.g. 2020 riots, where many places in big cities that were mom and pop shops that were barely teetering by due to the pandemic got completely wiped because of the looting). There's also quite a hefty number of people in this group usually, not as big as the middle, but much bigger than the rich.

People from the upper class tend to screw over everybody mostly, but especially working middle class folk. With garbage reasons on why they can't give maternal leave, underpaying work wages, disbanding unions and benefitting off giant tax breaks that a regular Samaritan would dream to have.

What I will say is that people of lower class status have strength in numbers and the mentality of "nothing to lose" (Willing to be hostile, can escape from damages usually if they can escape, plead innocent in court). Rich people have more authoritative strength (high-security, damage control, world class lawyers to file law suits in court) with a mentality of "Not much I can lose."


A common thing in America right now is to post "eat the rich" on social media, even though the person across the street from their humble 2bed2bath house in a ran-down shack of an apartment complex where police activity is always present is more an immediate threat than some billionaire running the social media site they're posting their grievances on.

As somebody who worked in a shitty ass part of the country where drugs and violence was almost a daily occurrence, the mentality of poor people is that of self-pity and neglect; blaming others for their problems, dragging others down, putting their families at risk with crimes/drugs and complacency of where they're at in life are all occurring problems the perpetuate the cycle of poverty.

Working @ a pretty prestigious tech comp right now and I can say that the mentality is more elitist and self-centered; there's a lot of 6-figure workers who show nothing but apathy with the people around them, narcissism up the wazoo, and even blaming those same rich billionaires who hand them their paycheck every month that people from the ghettos would kill and die for.


Concluding,
I think generally speaking, it's a more nuanced discussion than "what's more evil?" but rather "which evil would you prefer?"
 
WildWorldGames said:
This is probably a dead thread, but I'm gonna comment anyways.

My personal opinion, poverty and money can be mitigated to a small amount of people, but can have disastrous effects on those in the middle.

People from lower income communities tend to go outside their neck of the woods to loot and steal stuff from a middle-high class suburb, and it ends up affecting the people who are just minding their own business. It can even be to the point where a hard-working individual with one's own shop/business can be affected (e.g. 2020 riots, where many places in big cities that were mom and pop shops that were barely teetering by due to the pandemic got completely wiped because of the looting). There's also quite a hefty number of people in this group usually, not as big as the middle, but much bigger than the rich.

People from the upper class tend to screw over everybody mostly, but especially working middle class folk. With garbage reasons on why they can't give maternal leave, underpaying work wages, disbanding unions and benefitting off giant tax breaks that a regular Samaritan would dream to have.

What I will say is that people of lower class status have strength in numbers and the mentality of "nothing to lose" (Willing to be hostile, can escape from damages usually if they can escape, plead innocent in court). Rich people have more authoritative strength (high-security, damage control, world class lawyers to file law suits in court) with a mentality of "Not much I can lose."


A common thing in America right now is to post "eat the rich" on social media, even though the person across the street from their humble 2bed2bath house in a ran-down shack of an apartment complex where police activity is always present is more an immediate threat than some billionaire running the social media site they're posting their grievances on.

As somebody who worked in a shitty ass part of the country where drugs and violence was almost a daily occurrence, the mentality of poor people is that of self-pity and neglect; blaming others for their problems, dragging others down, putting their families at risk with crimes/drugs and complacency of where they're at in life are all occurring problems the perpetuate the cycle of poverty.

Working @ a pretty prestigious tech comp right now and I can say that the mentality is more elitist and self-centered; there's a lot of 6-figure workers who show nothing but apathy with the people around them, narcissism up the wazoo, and even blaming those same rich billionaires who hand them their paycheck every month that people from the ghettos would kill and die for.


Concluding,
I think generally speaking, it's a more nuanced discussion than "what's more evil?" but rather "which evil would you prefer?"
Click to expand...
The rich do more harm to the poor than they get in return when they are being stolen from. It can never be compared, the poor suffer most!
 
WildWorldGames said:
This is probably a dead thread, but I'm gonna comment anyways.

My personal opinion, poverty and money can be mitigated to a small amount of people, but can have disastrous effects on those in the middle.

People from lower income communities tend to go outside their neck of the woods to loot and steal stuff from a middle-high class suburb, and it ends up affecting the people who are just minding their own business. It can even be to the point where a hard-working individual with one's own shop/business can be affected (e.g. 2020 riots, where many places in big cities that were mom and pop shops that were barely teetering by due to the pandemic got completely wiped because of the looting). There's also quite a hefty number of people in this group usually, not as big as the middle, but much bigger than the rich.

People from the upper class tend to screw over everybody mostly, but especially working middle class folk. With garbage reasons on why they can't give maternal leave, underpaying work wages, disbanding unions and benefitting off giant tax breaks that a regular Samaritan would dream to have.

What I will say is that people of lower class status have strength in numbers and the mentality of "nothing to lose" (Willing to be hostile, can escape from damages usually if they can escape, plead innocent in court). Rich people have more authoritative strength (high-security, damage control, world class lawyers to file law suits in court) with a mentality of "Not much I can lose."


A common thing in America right now is to post "eat the rich" on social media, even though the person across the street from their humble 2bed2bath house in a ran-down shack of an apartment complex where police activity is always present is more an immediate threat than some billionaire running the social media site they're posting their grievances on.

As somebody who worked in a shitty ass part of the country where drugs and violence was almost a daily occurrence, the mentality of poor people is that of self-pity and neglect; blaming others for their problems, dragging others down, putting their families at risk with crimes/drugs and complacency of where they're at in life are all occurring problems the perpetuate the cycle of poverty.

Working @ a pretty prestigious tech comp right now and I can say that the mentality is more elitist and self-centered; there's a lot of 6-figure workers who show nothing but apathy with the people around them, narcissism up the wazoo, and even blaming those same rich billionaires who hand them their paycheck every month that people from the ghettos would kill and die for.


Concluding,
I think generally speaking, it's a more nuanced discussion than "what's more evil?" but rather "which evil would you prefer?"
Click to expand...
The evil I prefer is everyone getting what they want and no one has to work for it because we have AI and Robots that could use the work for automation. But humans are the worst to ruin that ideology.
 
Artisan Vistra said:
The evil I prefer is everyone getting what they want and no one has to work for it because we have AI and Robots that could use the work for automation. But humans are the worst to ruin that ideology.
Click to expand...
Mfs be like "but what about the workforce? What about society and government?" Bitch, we wouldn't have to be working if you set-up the machines to do everything.
 
WildWorldGames said:
This is probably a dead thread, but I'm gonna comment anyways.

My personal opinion, poverty and money can be mitigated to a small amount of people, but can have disastrous effects on those in the middle.

People from lower income communities tend to go outside their neck of the woods to loot and steal stuff from a middle-high class suburb, and it ends up affecting the people who are just minding their own business. It can even be to the point where a hard-working individual with one's own shop/business can be affected (e.g. 2020 riots, where many places in big cities that were mom and pop shops that were barely teetering by due to the pandemic got completely wiped because of the looting). There's also quite a hefty number of people in this group usually, not as big as the middle, but much bigger than the rich.

People from the upper class tend to screw over everybody mostly, but especially working middle class folk. With garbage reasons on why they can't give maternal leave, underpaying work wages, disbanding unions and benefitting off giant tax breaks that a regular Samaritan would dream to have.

What I will say is that people of lower class status have strength in numbers and the mentality of "nothing to lose" (Willing to be hostile, can escape from damages usually if they can escape, plead innocent in court). Rich people have more authoritative strength (high-security, damage control, world class lawyers to file law suits in court) with a mentality of "Not much I can lose."


A common thing in America right now is to post "eat the rich" on social media, even though the person across the street from their humble 2bed2bath house in a ran-down shack of an apartment complex where police activity is always present is more an immediate threat than some billionaire running the social media site they're posting their grievances on.

As somebody who worked in a shitty ass part of the country where drugs and violence was almost a daily occurrence, the mentality of poor people is that of self-pity and neglect; blaming others for their problems, dragging others down, putting their families at risk with crimes/drugs and complacency of where they're at in life are all occurring problems the perpetuate the cycle of poverty.

Working @ a pretty prestigious tech comp right now and I can say that the mentality is more elitist and self-centered; there's a lot of 6-figure workers who show nothing but apathy with the people around them, narcissism up the wazoo, and even blaming those same rich billionaires who hand them their paycheck every month that people from the ghettos would kill and die for.


Concluding,
I think generally speaking, it's a more nuanced discussion than "what's more evil?" but rather "which evil would you prefer?"
Click to expand...

I'm working at a pretty good 'family friendly' company right now. It is a good place to work at but the higher ups are all in a boy type club where its their way or get lost among a few other things.

I do wish people would stand up more, might make life better.
 
WildWorldGames said:
Mfs be like "but what about the workforce? What about society and government?" Bitch, we wouldn't have to be working if you set-up the machines to do everything.
Click to expand...
Humans are definitely going to the architect of our own downfall... And a lot of them don't like taking responsibility.
 
Heatman said:
Humans are definitely going to the architect of our own downfall... And a lot of them don't like taking responsibility.
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We lots don't like taking up responsibilities, but we want to have a better life. It is more like eating your cake and wish to have it with you.
 
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