this post was submitted on 31 May 2025
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My 401k is being destroyed by an orange idiot who's literally enjoyed entitlement his entire life. When I'm too old to work, I'll just die.
Are you paying attention to your 401k? S&P is up ytd. If youre actively paying attention to your 401k, yours should be doing even better than that.
I dont care what side of the political aisle youre on, but your retirement 401k shouldn't be being deatroyed right now
They were all in on Tesla
If everybody suffers at the same time it kind of equals out. 401ks are typically based on market indexes, so with wages stagnating and markets slowing everybody loses. And if everybody loses, nobody loses.
Everybody isn't going to lose. All of us will, but the rich assholes are gonna win.
Ask the French.
I don't think we have the stomach to pull that off.
I'd love to be wrong, though.
No person does until the conditions force them. Many people in the US are still comfortable enough and have a lot to lose, but the time might come. At a certain point it becomes the easier choice.
I mean we as a group. Some of us will, but they will be decried by the rest of us. Too much, too far, too soon.
If we could all get on the same page, that would be one thing. But it's like unions, isn't it? Once man stopping work is just quitting. The whole factory stopping work is industrial action.
People are closer to being on the same page than they realize I believe, but true, everyone is afraid of making the first move. I've heard this idea said a number of times, "I would fight a revolution but I don't want to lead it." People are still clinging to establishment politics and parties, what we need is a group to unite people in opposition to the status quo economic and political system and be unafraid to take direct action against the apparatus of the state. A lot of people would be afraid to take these steps, but it doesn't require everyone, enough dedicated revolutionaries can help lead the non-political masses.