Champagne socialists lying about socialism part

https://www.bbc.co.uk/news/business-48213333
As I predicted.

Some millennials have unrealistic expectations of inheritance and how it may unlock the door to buying a first home, a survey suggests.

They’re planning money they don’t have on something they don’t need?

Pfft.

They don’t want kids? Do you really need to own the white box packed with Ikea furniture?

One in seven young adults expect to inherit money before they are 35, although in reality the typical inheritance age is between 55 and 64.

If your parents aren’t Boomers with party animal health.

The survey, by wealth manager Charles Stanley, suggested that young people expected to receive nearly £130,000.

That’ll buy you a cupboard, Harry.

However, the median average amount handed down was only £11,000.

Minus Sharia tax.

Immigrants themselves will have to divvy between all twelve close family and thirty distant.

Fiver each if they count cousins. You never know how many cousins you have until there’s a funeral.

Advisers said that relying on an inheritance to pay a deposit for a first home was often misguided, even if older family members intended to pass on money when they died.

“People are living longer than ever, so relying on an inheritance to get on the housing ladder is a risky strategy as you may get less, and much later than planned,” said John Porteous, from Charles Stanley.

Trans. : Fuck-all.

“In reality, most people save and invest to get on the housing ladder. Starting early and planning ahead is essential to achieving the deposit you need.”

Your lazy credit-munching ways are genetic, really?

If only we had a digit metric of this!

Did your tutors call you smart? Did you go to forest fun camp? Were you told you were better than other kids and had so much ‘potential’?

They tell that to all the kids.

“Lie to children.”

The research suggested that 22% of millennials expected to receive inheritance to use as a deposit, although official statistics suggest only 7% actually did so.

By the time they get it they’ll afford a drawer.

The Russians have infinity money to bid.

Root out corruption in the shell game of foreign property ownership.

The average expectation of when that inheritance would be received was the age of 50, yet figures from the Office for National Statistics (ONS) show that they would have to wait for at least another five years.

Even when that money arrived, ONS data showed that inheritance was much less lucrative than many asked in the survey expected.

I can understand if you want money to live but if you want festival gibs and a picket fence, nah fam.

This isn’t the 1950s you hate on.

Others in the industry have argued that the UK public is “largely ignoring” financial planning for death.

Dan Garrett, founder of will writing service Farewill, said that 30 million people in the UK had not written a will, partly because it had dropped down the household “to do” list.

He also called on the government to clarify its plans for probate fees.

The government is planning to substantially increase the cost to bereaved families of settling the estates of deceased relatives.

The changes were expected to start last month but have been delayed.

Once a socialist

Always a socialist

https://www.eenews.net/eenewspm/2019/04/26/stories/1060224523

Tesla hires lobbying firm to push for tax credit

Makes this deeply ironic:

Certainly the move of a company that’ll be profitable ANY time now, guys!

They’re ruining the Tesla name, huh?

Should be called Elron in the case studies.

https://triblive.com/news/wire-stories/tesla-lost-700-million-in-first-quarter-on-model-3-problems/

He could save time designing the front by putting a huge, midlife crisis phallic symbol there instead.

America can’t afford more socialism

Note the rounds of 19th century and early 20th century immigration led to debt spikes?

Third Worlders in the First World are just economic parasites. It’s IQ and high time preference.

Spoiled privileged Yang truly promises a Boomer bailout of mortgages via a blisteringly obvious planned rent hike* (since all the poor would suddenly be good for it) and you don’t need extra ‘money’ to end the welfare cliff. It’s a pen stroke away to step the payments down gradually.

America’s net worth is negative too, more socialism will cause hyperinflation – and then, invasion.

People ate leather sofas in Weimar Germany and licked wallpaper glue.

Allegedly they ate babies. This would be mathematically worse.

What’s to stop the sneaky QE of UBI leading to price raises across the board from all sectors? Especially food.

Nothing. That’s what.

People are celebrating a termite in their savings.

UBI: It’s the missing link between inflation and hyperinflation.

The ‘basic’ is a clue. It’ll go on basics – 1. rent, 2. food, 3. medical.

“Universal” – you have no choice whether to go into debt. No choice. But rich people will get a bailout, no means testing. Fair? About inequality? No and no.

The distance between the poor guy with $0 and the rich guy with a million will be exactly the same if you give both two grand. Perhaps higher, because increasing monetary supply directly causes one thing.

Prices will rise. Regardless of specific agents e.g. landlords.

So spending power of the poor guy will decrease.

Go ahead, vote for it. I wanna see what happens.

You cannot consider income without expense.

It’s an equation, it has two sides.

If only there were an economic law to explain this concept, of supplying and demanding…

*The average hippy American Boomer seriously considers their house their pension. That is factual.

Map the top chart onto spending power, I dare you.

Tell Yang you’ll have UBI under one condition: rent controls. He won’t do it.

Why did Venezuela turn to socialism?

It’s trendy to virtue signal how sorry we feel that the people who voted for socialism, for many smug years, are actually getting socialism.
However, nobody discusses why they chose it. If only we had some form of data which describes a nation’s problem solving ability or aptitude for digging out of societal problems. Oh wait – we do.

https://www.photius.com/rankings/national_iq_scores_country_ranks.html

84 – a full standard deviation!


That might be it, boys.


“The intelligence scores came from work carried out earlier this decade by Richard Lynn, a British psychologist, and Tatu Vanhanen, a Finnish political scientist, who analysed IQ studies from 113 countries, and from subsequent work by Jelte Wicherts, a Dutch psychologist.” Replication is important. Cherrypicking “muh China 105” pisses me off.

China, for reference, has an accurate score of 100 in this analysis. Urban, no cheating.
USA 98, Russia 97, Italy 102, Iceland 101, Poland 99. These jibe with most IQ data collected properly that I have read.
Greece and Ireland 92, Mexico 88, it’s almost like the lower national IQ tanks, the more socialist the citizenry becomes …or will become should the economy become volatile.

Brazil 87, Yemen 85 – their national IQ is literally worse than Yemen.

Colombia 84, Pakistan 84, Syria 83, Zimbabwe 82.

Haiti 67. Oof. Over 2SD.

“SOURCE: Richard Lynn, Tatu Vanhanen, Jelte Wicherts.”

If an immigrant’s behaviour makes no sense and actually seems to spite them, I find out where they’re actually from (or would return to if the going got tough) and look up the national IQ. It hasn’t failed me yet. It doesn’t absolve them of responsibility but it does indicate we’re not operating on all cylinders or have a legitimate place in a First World country. It’s just a matter of time until they self-deport based on the economic impossibility of surviving in a high IQ economy alone. Don’t forget the exit wealth tax!

If the quality of discourse on this subject could improve with the tactful use of data available, that’d be great.

Their (Venezuelan) solution to socialism is yet-more socialism in the form of food subsidies.
You can’t fix that stupid, that’s advanced stupid.

An IQ of 84 – in the context of a global economy?
Do we have the data? Yes we do.
https://en.wikipedia.org/wiki/IQ_classification
How many times must I point to the obvious?

You could build a stock market investment strategy purely based on IQ crimethink fact.

If you did a colour-coded bell curve of world IQs by continent, Asia would be lower than Europe on the whole. South America slightly lower, Africa the lowest. Note: all collectivists by culture. They have to be because individually, nobody’s home upstairs.

By the gold standard scale, Venezuela is borderline retarded.

Don’t feed the bears.

Two heads are only better than one if one is not terminally stupid.

They even tried to alter the wording on lesser tests to be more PC.

In IQ results.

Yeah, but eugenic policies improving national IQ are evil, as opposed to a system of dysgenics that leads to starving babies.

Under Marxism, the redundant Party always dines very well. Communism is just a form of plutocracy for suckers.

This information has vast implications for national planning, including whether we let inferior Eastern European intellects crowd out our domestic job market (as the EU wants, you’ll note). From the perspective of safety (building, medical etc) that is insane. Encouraging dysgenic coupling with them is far worse though. Don’t ruin your national IQ with peoples who literally live in shacks, regardless of their skin colour.

Socialist GPA exposes brainwashing

Stop bribes. Stop Universities having coffers, nationalise the bastards. They can’t be so crooked if they’re hooked up with a direct line of public interest and no ‘private’ savings* to embezzle or ‘lose’ in admin, new shitty buildings, repairs. Stop admission preference due to race or religion. Everyone pays the interest. Rich people don’t get discounts or scholarships. Means-test the fuck out of everything and foreign students pay the same as domestic, so there’s no incentive to flood it with foreigners. Reduce class sizes overall.

GPA is just IQ for people too dumb to realise its intent.

Call all virtue signals out.

CONSEQUENCES.

“I want policy X”

“Do you want us to apply policy X to you, specifically?”

“Er…. no”

“But if you want it for society, and you’re part of society….”

“Wait, actually I don’t think it’s fair now.”

Equal and fair are opposites people.

I love how the men rationalize it but the women ramble. Neither is logical.

They also don’t know the data about inheritance being far lower than “self-made” wealth. Still, if I saved my money to give to a hypothetical child, that’s still an ownership right, just deferred from my benefit to said child. Socialists hate sacrifice unless it’s for them and want ownership rights OVER the owner (slavery). They feel worthier than the person’s own child.

This can all be boiled down to Tall Poppy Syndrome.
We call it “the politics of envy”.

Yet….

No socialist I ever met wants to end inheritance…. nor any Communist.

Spread that petition.

They also resent death taxes. They assume their Boomer parents will leave them money because they’re currently living the high life.

p.s. tax student income from scholarships (non-vital, like, not ones to buy food but books, housing etc).

*Colleges are not people and should not have savings. No left-winger can deny nationalization without exposing the profit motive. Nationalise Oxbridge and watch the Left fail.