" asked if he could provide sources to support Trump’s claim"
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Overzeetop
joined 1 year ago
Not only that, but SP500 pays dividends practically every year, whereas gold costs money to store securely. $15M in SP500 would have netting something around $300k last year in dividends alone.
Their names are on the titles, they own the homes. Their banks - the mortgage lenders - hold a rights to a lien placed on the property, but they have no title to the property unless they enforce the terms of their lending contract in the event of default.
The owners making 500k may very well be just a few months from foreclosure if they lose their job, but they likely have at least 20% (likely much more unless they bought at a premium two years ago) equity and can probably salvage at least half - even after fees - if they were to become "destitute" and undertook a regular sale of the property. 10% of a million dollars (or more), for most of the country, is still a healthy sum of money.
In some industries, absolutely. In others, there are benefits to staying or there really is 10 years of growth potential.
"live paycheck to paycheck."
That may be generally true, but they likely have a bunch of equity in their homes, and I'll bet their retirement accounts are generous. Sure, there are some who just spend everything, but most people at that level are already "hiding" as much money as they can from taxes.
can’t fuck off from our responsibilities when we can’t be arsed with minimal consequences
This might be the most (long term) depressing thing about adult life. Having a class for a semester or a year means that the mental overhead of a class builds up but, when you're done, that demand is gone and you start over without baggage next term. Jobs build up that overhead, but it just never lets off, ever, unless you quit to take a new job. Switching (professional) jobs is similar to a semester/year end and - esp if you can swing a couple weeks in between - gives you that re-zeroing and that little honeymoon period at the beginning like the start of a class when you don't have homework yet. The difference is that the switch often occurs on a scale of a decade, not a year.
Get rid of bitcoin and you solve the energy problem.
Meh that's easy. Thin, glasslike, uniform exterior aesthetic.
I think it doesn't go far enough. Straight up, no one should be permitted to create or transmit the likeness of anyone [prior to, say, 20 years following their death] without their explicit, written permission. Make the fine $1,000,000 or 10% of the offender's net worth, whichever is greater; same penalty and corporate revocation for any corporation involved. Everyone involved from the prompt writer to the work-for-hire people should be liable for the full penalty. I can't think of a valid, non-entertainment (parody/humor), reason for non-consensual impersonation - and using it for humor or parody is a slippery slope to propaganda weaponization. There is no baby in this tub of bathwater.
Depends on your definition. I'm white collar, 40 hours a week, bottom 90% income.
Based on videos from one of the major lava-themed entertainment venues who has been posting updates for two months, the "barriers" for Grindavik were barely started, with work only beginning some time after January 4th or 5th. The primary focus of the public work was in building the barriers to protect the regional power plant to the east of the fissures (and hot springs resort area just east and north the power plant). IIRC, those barriers took a month to construct.
The subsurface dam/inclusion runs pretty much directly under Grindavik, so if an active eruption opens along the southern edge of the magma inclusion there will be no way to prevent damage to those houses adjacent.
Disc: I'm neither a seismologist nor a volcanologist, but I've seen Journey to the Center of the Earth. Oh, and I was in Grindavik in October.
That brightens up my Thursday morning considerably.