ZMoney

joined 2 years ago
[–] [email protected] 2 points 1 month ago

I mean it depends on whether they actually pay it off. Many boomers were able to leverage the explosion in housing prices into paying off their cheap mortgages ahead of time. The boomer success metric is actually based on this principle. Buy a $150k house in 1998. Sell it in 2018 for $450k. The mortgage is irrelevant.

The obvious problem with this is that it completely fucks over the next generation.

[–] [email protected] 5 points 1 month ago

Could you please finish your manifesto? I want to know what happens at the end. Do we mass shoot all the boomers?

[–] [email protected] 2 points 1 month ago

Yeah every new technological solution has its associated ecological cost. Some are better than others. Guess which ones are the most profitable.

There's something called the Kuznets environmental curve that explains this pretty intuitively. It's an optimistic forecast that I only buy when I'm in a good mood.

https://en.m.wikipedia.org/wiki/Kuznets_curve

[–] [email protected] 7 points 1 month ago

This is from David Graeber's Debt: The First 5000 Years. It's an anecdote his grad school advisor told him about a Samoan lying around on the beach.

MISSIONARY: Look at you! You’re just wasting your life away, lying around like that.

SAMOAN: Why? What do you think I should be doing?

MISSIONARY: Well, there are plenty of coconuts all around here. Why not dry some copra and sell it?

SAMOAN: And why would I want to do that?

MISSIONARY: You could make a lot of money. And with the money you make, you could get a drying machine, and dry copra faster, and make even more money.

SAMOAN: Okay. And why would I want to do that?

MISSIONARY: Well, you’d be rich. You could buy land, plant more trees, expand operations. At that point, you wouldn’t even have to do the physical work anymore, you could just hire a bunch of other people to do it for you.

SAMOAN: Okay. And why would I want to do that?

MISSIONARY: Well, eventually, with all that copra, land, machines, employees, with all that money—you could retire a very rich man. And then you wouldn’t have to do anything. You could just lie on the beach all day.

[–] [email protected] 2 points 1 month ago

Would have gotten away with it if they did Assyrians building ziggurats. It's not hard guys ffs

[–] [email protected] 9 points 1 month ago (2 children)

In modern society you either work or starve. There's no adventurous alternative as would have been available before modernity.

[–] [email protected] 2 points 1 month ago (4 children)

Can we just stop having this discussion? It's so boring. Both sides misrepresent the other. Tankies are stupid. Also nobody is a tankie. The Biden administration sanctioned a genocide. Every other US president is a war criminal. This discussion never goes anywhere.

[–] [email protected] 1 points 1 month ago (3 children)

It's because a lot of boomers own their homes and the concept of rent is foreign to them.

[–] [email protected] 2 points 1 month ago

I think way more exciting for me since I moved here is the fact that every bar has at least 3 different kinds of custom lemonades made with raspberry, elderflower, etc.

[–] [email protected] 2 points 1 month ago

Iszonyú szar az Irn Bru, nem értettem én se miért szeretik.

[–] [email protected] 20 points 1 month ago* (last edited 1 month ago)

Missed a few.

Johnson: use war to win re-election

Nixon: fight hippies and commies

Ford: pardon Nixon

Carter: attain energy independence

view more: ‹ prev next ›