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rajatsonifnance / Rajat Soni, CFA
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2024-05-06 08:00:57

rajatsonifnance on Nostr: The modern financial system is a zero sum game When you own stocks, you're very ...

The modern financial system is a zero sum game

When you own stocks, you're very likely extracting wealth from a worker somewhere in the world

When you own residential real estate as rental properties, you are extracting wealth from anyone who needs to rent from you

Most people don't understand this

Eventually, the people who are having their wealth taken from them will realize they don't want to play the game anymore and they will stop participating in the system

It's already happening

Some people are already opting out of the current system because they don't want to work if the results they produce are all being taken away from them

Older generations will keep saying younger generations are lazy...

But I don't think it's laziness

I think it's people figuring out that this system is not sustainable, so they'll stop putting their time and energy into it

The current financial system is a Ponzi scheme

If newer generations don't participate in the stock market, what happens?

If companies can't get workers, what happens?

Current owners of "assets" need new generations to agree to being exit liquidity, either as renters or stock owners

More younger people are saying "fuck you" because THEY KNOW they can do everything right and still get screwed

They're buying assets OUTSIDE of the system and more people can't afford to buy a home so they're living in cars or with their parents
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