deleted by creator

If the last 40 years are any indication, the Ratchet Effect exists to give people unfounded hope in change, provided they still vote for one of the two ruling parties.

The sad thing is, if you’re going off any economic indicator that affects the poor and working class, they’re not entirely wrong.

It’s called the Ratchet Effect.

Oof, yeah. Having to make group decisions with money is tough.

Partly why I love being single and childless.

May the odds be ever in your favor.

that is the time to buy in more, not the time to sell.

1000000%

That’s the other side of my strategy, having my portfolio in cash means I can reinvest at the new fire sale prices.

I was able to pay off my student loans by buying oil stock at a 90% discount in March 2020 and then waiting a few years for the rebound. You don’t even need to be rich to do it, just patient.

Yeah, this economy has given me the heebie-jeebies for the last quarter now.

Unless you’re a billionaire or on a signal chat in Washington, I don’t know how you can feel good about what’s happening.

My plan is to stay invested until dividends hit in December, and then I’m going to evaluate moving my investments into a money market or bonds. Amazon’s numbers show that consumers are still buying, and my assumption is that consumer spending will hold off the pop for now.

I 100% expect a massive crash, and when it’s just seven companies propping up an entire economy, the pop is going to be very bad. I’d rather lose a little value in the short term than have my portfolio drop to a calamitous degree and have to wait 5-10 years for it to recover.

*not a FA, just my personal plan

The Punisher

This just tells me that Israel has pedo videos of the decision makers at Google.

About damn time that old bitch retired.

Must not have had to pay a mortgage, or interact with cops, or be a brown person in the wrong country, or a kid in a cage, or stuck in a torture chamber in Gitmo, or use health care, etc. etc. etc.

It all happened. You just ignored it, same as with Genocide Joe.

The big mistake was believing him at all.

He got plenty of it done, but his policies were oppressive and he fucking lied to us about it.

I’m speaking for common sense.

In 2016 and 2024, Dems needed those votes. It’s objectively stupid to mock people’s starvation when you need their support.

Enjoy it while it lasts.

Having lived through 2008 and ‘Hope and Change’, I don’t expect much out of Mamdani. I’d love to be wrong about that.

It’s 100% factual.

Unless you haven’t had to buy groceries yourself for the last six years.

A lot of them didn’t vote for people to suffer.

They voted for change because Democrats prioritized genocide over helping American families’ ability to put food on the table.

they wanted to hurt others.

That’s not inherently true. They watched their various costs of living double at least under Biden. Did you honestly expect people to continue to vote Dem when Dems, through their political activity, prioritized things like Israeli genocide over Americans struggling to put food on the table?

“If you’re the wrong jersey color we don’t care if you starve.”

Helluva campaign slogan, Dems. You totally don’t need those votes in 2026 and beyond.

I’ll believe it when I see it.

After 40 years of watching people get excited on election night, and then seeing their cost of living increase and the billionaires’ wealth increase exponentially, it’s unreasonable of you to expect me to be optimistic.

I lived through “hope and change”. I know where this probably ends up. I would love to be wrong.