Video: Crash-causing debt

A jubilee is a bailout of bad investors, fuck ’em. Everyone has a sob story, equal outcomes is still cancer.

Screw the stupid, not responsible. They deserve to suffer.

Greedy people suffering poverty is FAIR. There’s deserving poor. Social mobility must be allowed to also go down to ever recover the society. Middle-class people who ‘resent’ slipping down shouldn’t have bought cliche Hermes belts and tacky Gucci slippers.

Meritocracy – the greedy fools lose their shorts. And if they were so smart, they’d be fine with slipping down knowing it wasn’t just luck and they could make it back, right?

The average cannot bail out low IQ and it shouldn’t have to.

Someone’s labour would be devalued. That’s slavery. Pay the piper.

I wanna buy a sportscar. I don’t. Why? First, I’m not a man so there’s no phallic inferiority complex going on but generally, it’s because I am not a thief. I refuse to get into debt dishonestly. Old-fashioned I know. It just seems like a bad idea. Jeremiah 17:11.

Likewise, by contrast I know people, lots of people otherwise sane, who are running up huge allowance credit cards assuming their parents will ‘help’ them buy a house to get grandkids or that they’ll definitely get their dream job and promotion. Lumping in the reckless with the responsible will breed resentment. Idiots only learn the hard way.

Every time they see me not doing this, struggling like young people are supposed to, they’re really smug about their ‘cunning plan’.

It’s literally most people under 30 I’ve ever met. EVER.

Every country, every occupation, every industry, every class bracket, every income level.

EVAAAAAAAAH. Consider the scope of that. People triple their age do it too. It’s the New Normal.

They all have the same fucking ‘genius’. You cannot talk them out of it.

They’re “not like other investors” TM. Every one of them is that arrogant.

It’s like fiscal Jesus is gonna rapture them out of debt, it’s creeping me out.

Magical thinking in the worst possible place. It’s impossible at this point, post-70-80s.

At this point I’m scared to bring it up. They attack like hyenas if you suggest the Government isn’t omnipotent like God and can’t spare you the Hell of responsibility for your own credit card purchases on shoes, be they Louboutins (painful) or Nikes (break).

They vote like rich celebrity assholes because they think they’ll be bailed out like rich celebrity assholes.

This cannot end pleasantly for them. They must learn the short term game ends in loss, long-term.

You have to let them fail now. Yes, even the Boomers. You’re WAY too old to claim ignorance.

When you’ve been doing the same infantile bullshit for over half a CENTURY, it isn’t really a ‘mistake’.

I take my lumps now and push ahead with less so I don’t have to do it old, ill and with less ability to recover. That’s natural law. You can’t circumvent another person who pissed their life away doing the easy thing every time. There’s no rewind button to circumvent those consequences of immoral choice. You can’t reverse decades of selfish stupidity bearing rotten fruit. You had your fun, for years. You spent while others saved. It’s winter now, you starve.

There aren’t enough beach-houses to go around. What everyone on the planet feels entitled to, it’s impossible to dole out equally.

You cannot cover arse for shitty time preference. It leaves someone else out in the cold.

I’m tired of the musical chairs dance. Yet I get it. I truly do.

They took the ending of Fight Club a little too literally. Wiping the slate won’t bring down the high IQ or raise the low IQ, it won’t make the fat thin and the thin less vegan, it won’t end Third World wars and it won’t be a magical blowjob machine of financial utopia. It doesn’t raise the dead who voted in the race and immigration melting pot shit so we can kick ’em (although the Cromwell treatment is on the table). It’s just nothingness.

Most of the Millennial “socialists” are like (90+%) actually of the Cloward-Piven let-it-burn motherfuckers school.

If you actually talked to them. “What if socialism fails and the economy collapses?”

They’re HAPPY about it, it’s spiteful on purpose. That’s a feature, NOT a bug.

If ‘paying dues’ gets you screwed. All Gen Y/Z heard from the conceited Boomers was, “you gotta pay your dues, you gotta pay your dues, you gotta pay your dues” well now we’re the major voting bloc it’s “you first”.

We’re not letting you take it with you. This is across left/right, we all agree.

It’s the last-ditch attempt to cut out the cancer of the corrupt.

They made us poor, …let’s return the favour.

Hey, the hippies loved to lecture us on the Golden Rule.

How do you hurt a rich person Trading Places logic.

Fix it or we break it even more.

Track record of failure

Deutsche Bank’s Crisis Will Likely Lead To U.S. and Global Banking Crisis

“What is troubling and indeed significant for American policy makers, however, is the nearly complete failure of our friends in Europe to address their banking sector, either in terms of cleaning up bad assets or raising capital to enable the cleanup.”

Yeah, blame us.

America’s the strongest economy in the world until something goes wrong, then it’s all European’s fault.

“Sadly the HNA equity investment in Deutsche Bank was financed with a lot of debt. When the Chinese firm started to literally implode two years ago due to massive debt payments on its $40 billion in obligations,

sign of strength, of course

I deploy information in a timely manner.

it began to sell its shares in Deutsche Bank, creating the latest crisis for the chronically underperforming bank. Today HNA is being liquidated under the supervision of the Chinese government. And to this day, nobody among United States or European bank regulators really knows who owns the company that was briefly the largest shareholder of Deutsche Bank The setback with HNA led to discussions of merging Deutsche Bank with Germany’s Commerbank, another poor performer among the country’s banking sector.

Commiebank, am I right?

Because two failures make a success!

Again, German politicians led by Chancellor Angela Merkel refuse to even hint at public assistance for Deutsche Bank, but the mounting troubles with banks across Europe may force Merkel’s hand as it has in Italy.”…

Maybe.

If only we’d voted to leave the EU and could hard exit at any time.

Good luck coming after us with that timing.

No bureaucracy …for a thing that doesn’t exist.

Irish Exit the UK from the EU.

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.

Monet, Van Gogh fail to sell

https://www.zerohedge.com/news/2019-02-28/100-million-extremely-rare-intensely-private-artwork-just-hit-block-and-most-didnt

Greater fool fails.

One of the collections most coveted works, Monet’s “Saule pleureur et bassin de nymphéas,” failed to sell after it was estimated that it would fetch about 40 million pounds. Additionally, Van Gogh’s “Portrait de femme: buste, profil gauche,” from the artist’s trip to Antwerp in 1885, estimated to sell for 8 million to 12 million pounds, also failed to sell.

Something’s up with the funny money.

China paints duplicates, that’s why there are no great artists anymore.

Theft and fraud.

Bank deposits caused by banks

https://washingtonsblog.com/2014/03/bank-england-admits-loans-come-first-deposits-follow.html

Money creation.

“Money” not value or productivity.

http://www.bankofengland.co.uk/publications/Documents/quarterlybulletin/2014/qb14q1prereleasemoneycreation.pdf

Monopoly has fewer IOUs.

Broad money is a measure of the total amount of money held by households and companies in the economy. Broad money is made up of bank deposits — which are essentially IOUs from commercial banks to households and companies — and currency — mostly IOUs from the central bank. Of the two types of broad money, bank deposits make up the vast majority — 97% of the amount currently in circulation. And in the modern economy, those bank deposits are mostly created by commercial banks themselves.

***

Commercial banks create money, in the form of bank deposits, by making new loans.

https://disenchantedscholar.wordpress.com/2018/04/25/we-are-totally-fucked/

The immigrants and foreigners in Buy to Let have gotta be my favourite.

Yes, give the nice Yiddish man your shorts. They want to make you “easy money” at their expense.

This description of money creation contrasts with the notion that banks can only lend out pre-existing money, outlined in the previous section. Bank deposits are simply a record of how much the bank itself owes its customers. So they are a liability of the bank, not an asset that could be lent out. A related misconception is that banks can lend out their reserves. Reserves can only be lent between banks, since consumers do not have access to reserves accounts at the Bank of England.

The Muslims thinking they’ve robbed us will get a nasty shock.

Those weren’t smiling white people.

Nobody screws the Jew. N O B O D Y.

Historical r/K-like waves in the economy

https://www.zerohedge.com/news/2019-02-28/approaching-winter-super-cycle-has-turned

Just don’t chart the migration habits of a certain group.

Reminds me of biohistory.

The do-gooders, by “feeding the world”, have killed everyone else.

The world cannot slave to feed Asia and Africa. It is impossible.

Post-war population recovery genes

Men are literally replaceable and that makes them better as a sex.

Exhibit A in the scientific “Men ain’t shit” series.

https://www.sciencedaily.com/releases/2008/12/081211121835.htm

In many of the countries that fought in the World Wars, there was a sudden increase in the number of boys born afterwards. The year after World War I ended, an extra two boys were born for every 100 girls in the UK, compared to the year before the war started. The gene, which Mr Gellatly has described in his research, could explain why this happened.

As the odds were in favour of men with more sons seeing a son return from the war, those sons were more likely to father boys themselves because they inherited that tendency from their fathers. In contrast, men with more daughters may have lost their only sons in the war and those sons would have been more likely to father girls. This would explain why the men that survived the war were more likely to have male children, which resulted in the boy-baby boom.

In most countries, for as long as records have been kept, more boys than girls have been born. In the UK and US, for example, there are currently about 105 males born for every 100 females.

It is well-documented that more males die in childhood and before they are old enough to have children.

That is prior to competition, crime, psychiatric issues including self-loathing and desire to never reproduce, as well as the sexual selection of women for a suitable man.

Externalities like the economy, racial wars, anti-natal culture notwithstanding.

The female genome is more stable, two Xs will do that. It contains more data too, the Y is smaller.

Women must be more stable biologically as the (genetic) carrier sex, another reason against female drafting. If some men die, they clearly recover (and as proven here, come back better) but when a race loses its women, it goes extinct.

So in the same way that the gene may cause more boys to be born after wars, it may also cause more boys to be born each year.

The fitter male lines are self-replacing.  This is why all adult men should have been drafted. The reward of winning a war should be reproducing into your society’s future, to reward the cowards who remained behind is an insult to the brave K-types of the sex.

This is the red-pill. Men evolved to be expendable to one another in the protection of their shared racial germline.

Cowards know they’re cannon fodder. They betray their fellow man (intra-racial Brotherhood is the only acceptable collectivism). It reminds me of the Little Red Hen, and what man would want a coward in their ranks, that’s treason waiting to happen?

Or as we call them, cucks.

Behold, the back-up genetic programme: the self-culling cannon fodder.
Remarkable that genetic dead-ends appreciate the importance of marriage enough to insult all married couples as inferior (rationalization).

Also, demographic decline virtue signalling (- you can’t out-breed Asia, war is inevitable).

Asia*: highest population density, territorial expansive, fastest growing religion (Islam).

Inevitable.

Trump could shit gold and it’s still inevitable.

Why?

More than r-selection, perhaps a feature of it.

If you’re stupid like Asians and murder your girls (glaring at India and China) then you cull the female-preferred genes among men, slowly killing your racial future because there won’t be enough carrier women to go around and the ‘problem’ will only get worse. There is no culling effect equivalent to war in women except socialist policy.

There’s your ‘war against women’. Affirmative Action for unfit male genes collapses both their group and the fit men of their race who were weak enough to allow it to happen. If every man is entitled to 1 waifu thanks to socialist compulsion (and all men, all women forced to marry by law**) but five infant boys survive due to medical technology…. 100-105=-5

Socialism’s birth policies are as dysgenic as their economics that punish effort.
This is why men shouldn’t decide who gets to breed with laws, women evolved for that task.

Socialism cannot replace sexual selection. What the internet considers it is not, reproduction is required.

A war will be mandatory if the leftover men have any hope of reproduction, by conquest and rape  …..and ‘immigration’.

*As previously covered, most money to purchase is loaned by the Chinese Communist government. They are the true buyers overseas. Ban foreigners from literally buying your country. It’s a matter of national security. That includes the Putin-banished Russians’ blood money in London keeping the gasping death rattle of a real estate bubble alive. I’d extend this to the compulsory purchase of properties made by shell corps overseas, with unexplained funds (anti-corruption law) or belonging to dual passport holders who refuse to drop the other one (loyalty to another nation).

The concrete used in protected property basements is doomed to collapse. Like the postmodern glass monstrosities, they all crumble eventually, that’s why huge basements aren’t built in English soil. Rainy, flood-prone soil. Next to the biggest river incoming to the landmass.

And we get frequent earthquakes, of the sort that causes cracks in… concrete.

It’s a capital city so traffic causes tremors too – including planes.

Every heinous skyscraper you ever see will be self-destructing. Rich tower or council estate.

https://www.cement.org/docs/default-source/fc_concrete_technology/durability/is536-types-and-causes-of-concrete-deterioration.pdf

I’m literally the first person to look this up. Engineers study ENTROPY.

This error is old as Babel. We don’t need to lift a finger, ugly postmodern structures are already crumbling.

They’ll go the way of wooden castles.

Shad viewers? Anyone?

If only the Nazis had simply purchased American land, we’d be speaking German.

They’re still going to shoot you by the way. They need to outnumber you, fill University places then government positions first. If they have the land, all that’s needed are executions.

**Reducing citizens to breeding sows for the government, thanks, socialism!

Socialism is hence r-select and among other issues, assumes all men can be provider husbands, all women are fertile and all citizens are heterosexual. Socialism is doomed to fail by virtue of mathematics and basic biology.