Homelessness is obviously increasing though it’s difficult to measure with precision. Homelessness is worse than poverty and homeless aren’t even counted in official poverty calculations. The census can’t sample them.
Many live in daily terror of becoming homeless or worse. I feel like social isolation matters more than wealth in making people feel secure. Many homeless people had money, good jobs, education, but most lacked community. Some say they find a family on the streets, for better or worse. It’s not all social, neither is it all financial.
Your point is that everyone who buys or sells assets is implicitly amoral? That seems a bit extreme though you are not the first to say it. One wonders how you can escape such condemnation yourself. Everything is a marketplace in some sense.
Anybody that doesn’t know the code their device is running is a fool to trust it by default. Even knowing the code well, devices are compromised all the time. Yours seems like the lone sane opinion here.
Like stocks, you can buy ideas “low” and sell them “high.” Some ideas are cyclical too, AI, mainframes/cloud, etc... And this extends beyond tech for instance “equity” is currently hot but that may be short lived which is unfortunate.
Actually no, at least 40 billion went to a Nigerian scammer group. That’s a national security issue and overrides concerns about charity and equity. It’s an existential threat.
Billions in unemployment fraud last year means billions in government services that will not b we going to help people that really desperately need help.
Aaron Schwartz comes to mind. Move beyond anecdotes. There are libraries full of books on this very subject, the experiences of all the people you know not withstanding. Consider there once were witch trials, not so long ago.
Education isn’t an answer. It’s good and we should as a society optimize for it, but it’s vastly overrated. There will always be cognitive differentials. Educated people are easily duped by uneducated conmen and putting people in a classroom for more of their young adulthood won’t change that much at all. And don’t get me started about “re-education” camps. It’s great to have an abstract one size fits all cure for the ills of society, but “education” is not the panacea people like to pretend it to be.
Masks yes. Or “travel bans don’t work.” The official response from the ministry of truth appears to depend on who it is that institutes them. If it’s a president that happens to increase WHO funding, as Biden has, there’s not much of any dissent at all.
Yes, I was banned “for spreading disinformation”from a popular online forum for suggesting mask wearing could be helpful. The authorities at the time were fighting “disinformation” that masks work. A few weeks later I’m sure the same mods were banning people for saying the opposite.
Tina. Real estate, bonds, cash. Buying companies while state run capitalism in the east cold wars against American mega corporations like apple, with a neoliberal pro-trade administration, it should be easy to see why equities are a popular choice.
And if that stops being true, it probably won’t happen suddenly. Sp500 with a trailing stop seems like easy mode, until ww3 or some other sudden drop but there are circuit breakers for that. What could do more damage than global sars pandemic?