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Are We Living in the Roaring 20s?

awealthofcommonsense.com

71–80 of 112 posts

Re: Are We Living in the Roaring 20s?

#71
post #50

Earlier quoted context omitted.

> The young also don't vote. This might change, fast. I have two daughters who are in their early 20s. My oldest daughter, 24, has dreamed of buying a home and starting a family with her high school sweetheart of 10 years and her dream has been completely shattered. The saddest part is, this isn't even just about buying a home. She's not going to start a family until they are no longer living with us and have a house…

Do the young even have someone to vote for in Canada though? Only the PPC wants to stop immigration and build housing but they are a fringe party unlikely to get a single seat rather than run the country. The BQ is a decent option in Quebec, but in the rest of Canada pretty much any party that has seats currently is far too pro-immigration and far too pro-Boomer to get anything done on house prices. PP is very good a…

Every party talks about lowering house prices, but the only government that has been successful at lowering prices has been David Eby's NDP government in BC.

So yes, the young have a great party to vote for.

Re: Are We Living in the Roaring 20s?

#73
post #42

Earlier quoted context omitted.

Birth rates in the US have been below replacement levels for some time now. This means we will need more immigrants to sustain the never ending growth capitalism demands.

[flagged]

Yes, death rates too

Re: Are We Living in the Roaring 20s?

#74
post #59
post #10

Earlier quoted context omitted.

> The previous generation is hellbent Previous generation is what, Gen X? Millenials? Yeah gee they had it so easy. Stop with the "generation blaming" stuff and blaming voodoo on them. Blame the people you vote for and who they kowtow to, nothing will ever change with petty envy and sour grapes for your neighbor down the street, etc.

The older generations are larger than younger ones in a demographic balloon, hence older generations are a plurality. This has many externalities (for which I agree) are caused by people voting simply in their best interests rather than malice. Now here is where I push back, is complaining about this unfair scenario "sour grapes" or "envy"? This is a winner takes all scenario. This wealthy group can vote for direct w…

Define “older generations”:

https://www.populationpyramid.net/united-states-of-america/

Those in their 30s right now are the biggest proportion.

And 20 or 30 years ago, that population pyramid was even more tilted towards people in their 0 to 30s (obviously).

Re: Are We Living in the Roaring 20s?

#75
post #5

> Consumer sentiment doesn’t exactly line up with a roaring 20s mentality because people hate inflation and higher interest rates. But you have to watch what people do, not what they say. > People are spending money on food, travel, clothes and technology. Slaves don't have a choice but to spend their fiat money in a low interest rate world whose present condition of low interest rates exists only because this is the…

Malthus never factored ephemeralization into his calculations. We can produce more with less than ever before. Buckminister Fuller addresses this head on in his magnum opus "Critical Path"

> Buckminister Fuller addresses this ... in ... "Critical Path"

Wow, OG Solarpunk?

Re: Are We Living in the Roaring 20s?

#76
post #59

Earlier quoted context omitted.

The older generations are larger than younger ones in a demographic balloon, hence older generations are a plurality. This has many externalities (for which I agree) are caused by people voting simply in their best interests rather than malice. Now here is where I push back, is complaining about this unfair scenario "sour grapes" or "envy"? This is a winner takes all scenario. This wealthy group can vote for direct w…

Define “older generations”: https://www.populationpyramid.net/united-states-of-america/ Those in their 30s right now are the biggest proportion. And 20 or 30 years ago, that population pyramid was even more tilted towards people in their 0 to 30s (obviously).

https://www.census.gov/library/stories/2023/05/2020-census-u...

Re: Are We Living in the Roaring 20s?

#77
post #5

> Consumer sentiment doesn’t exactly line up with a roaring 20s mentality because people hate inflation and higher interest rates. But you have to watch what people do, not what they say. > People are spending money on food, travel, clothes and technology. Slaves don't have a choice but to spend their fiat money in a low interest rate world whose present condition of low interest rates exists only because this is the…

Malthus never factored ephemeralization into his calculations. We can produce more with less than ever before. Buckminister Fuller addresses this head on in his magnum opus "Critical Path"

The ephemeral nature of the Tweet is nothing compared to the harsh fact that the highly efficient means of production (your producing more stuff with less resources) is in the hands of a segment of the population that wants to segregate itself away from the segment that has nothing but common men in it. So, every time someone tries to rebuke the Malthusian overpopulation condition, it's just a kidnapped person falling in love with his kidnapper. Or neo-feudal serfs trying to lick the boots of their assigned king in hopes of pleasing this would-be benefactor which lords over the mostly hopeless dwarf.

Buckminister Fuller is the one with improper calculations. His libertarian's model for addressing effective capitalism (with the goal of central planning for a secessionary, yet still vassal, state) relies on old and obsolete conceptual tools, namely history itself. All geopolitical problems is a scam with at the top of that pyramid scheme suit wearing bureaucrats who are the characters from the 1984 dystopia, with no differences between them. You're kinda blind to your oppression and the totalitarian regime you're running under.

Re: Are We Living in the Roaring 20s?

#78
post #26

Earlier quoted context omitted.

> the Europeans that Russia is an enemy Please. Russia is an enemy since forever. Sincerely, eastern europe. If you don't agree with some stuff your government is aggressively pushing, it doesn't mean everything is simply reverse.

Unfortunately it's not just contrarianism, the American right wing loves Russia now.

I see some fringe russophiles on both left and right wing, both here in europe and in US. But in 99% of cases it's „I hate my government, so I just believe in opposite if what they say“. The only sincere love for actual Russia is Stalin-adoring tankies. But that's what.. the 0.00001%?

Re: Are We Living in the Roaring 20s?

#79
post #25

Earlier quoted context omitted.

Birth rates in the US have been below replacement levels for some time now. This means we will need more immigrants to sustain the never ending growth capitalism demands.

Those same people in charge seemly also are cozying up to degrowth which is at odds with historical capitalism. I don't think they have figured out what they want which is why the approach is schizophrenic --that want econ growth and degrowth, they want pop growth but also don't want growth so their bargain is to import the growth that they don't want...

It's almost like "those people in charge" are not a monolithic group...

Re: Are We Living in the Roaring 20s?

#80
No, I don't think nice round numbers like 20 or 100 years show a pattern. I like to think more in terms of generations: 15 to 30 years. I can't predict the future. Please take my 30 year time-line idea as numerology where similarly numbered years must resemble each other. It's broken into a decade each of boom-bust-war:

  1890 boom "Klondike Gold Rush"
  1900 bust "Panic of 1901"
  1910 war WW1
  1920 boom "Roaring"
  1930 bust "Great Depression"
  1940 war WW2
  1950 boom "Golden Age" [1]
  1960 bust [2]
  1970 war Viet Nam
  1980 boom "Long" [3]
  1990 bust [4] [5]
  2000 war Afghanistan, Iraq
  2010 boom [6]
  2020 bust [7]
  2030 war [8]
Of course, there are booms, busts and wars occurring at anytime. And some parts of the world might feel like they are in the future and some in the past.

[1] https://en.wikipedia.org/wiki/Post%E2%80%93World_War_II_econ... [2] https://en.wikipedia.org/wiki/Recession_of_1960%E2%80%931961 [3] https://www.hoover.org/research/ten-causes-reagan-boom-1982-... [4] https://en.wikipedia.org/wiki/Early_1990s_recession_in_the_U... [5] https://en.wikipedia.org/wiki/Dot-com_bubble [6] https://www.forbes.com/sites/chuckjones/2020/02/17/obamas-20... [7] https://en.wikipedia.org/wiki/Economic_impact_of_the_COVID-1... [8] https://www.rand.org/content/dam/rand/pubs/research_reports/...

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