How The US Is Destroying Young People's Future | Asmongold Reacts

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Asmongold TV

Asmongold TV

Ай бұрын

Scott Galloway shows how the system is rigged against young people & proposes a solution.
by @TED • How the US Is Destroyi...
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Пікірлер: 6 300
@wayfaringhalfling
@wayfaringhalfling Ай бұрын
It's as Tim Dillon's says: "Nobody is talking about the children, because children are not seen as the future anymore".
@vexed_v
@vexed_v Ай бұрын
@@LetsPlayKennyEverybody is a cry baby and a hypocrite nowadays.
@LOBOTOMINIZER
@LOBOTOMINIZER Ай бұрын
More like to the point people are just so focused on surviving themselves because economy is fucked.
@cristiplopeanu
@cristiplopeanu Ай бұрын
@@LetsPlayKenny how is he wrong?
@wayfaringhalfling
@wayfaringhalfling Ай бұрын
​@@LOBOTOMINIZER A part of me does think that the powers that are intentionally squeezing as much capital as they can, before the A.I. and robotics revolution becomes present in everyday life.
@user-do1hk7mg5y
@user-do1hk7mg5y Ай бұрын
@@LetsPlayKenny What's your point? Do you disagree with what he said?
@Pantheon_y
@Pantheon_y Ай бұрын
I dont want to be exceptional, I just want to live a normal and affordable life.
@pc14thenumber9
@pc14thenumber9 Ай бұрын
True.
@AbnerG787
@AbnerG787 Ай бұрын
no can do brother, this is what we call class warfare, either you are rich or dirt poor, no in between, the middle class doesn't exits anymore, sadly...
@jesseparrish1993
@jesseparrish1993 Ай бұрын
@@AbnerG787 Nonsense. Go to trade school.
@BangersAndMash98
@BangersAndMash98 Ай бұрын
​@@jesseparrish1993Are you in the trades? It isn't all sunshine and rainbows over here.
@citramate3633
@citramate3633 Ай бұрын
i grew up thinking if i just did ok, i'd live a decent life. It feel like it's be great or be nothing nowadays.
@yeezystreetteam
@yeezystreetteam 27 күн бұрын
if you wrote the simpsons today it would just be homer and marge working full time living in a tiny apartment and never getting married.
@Lyko5
@Lyko5 24 күн бұрын
The norm back then is the dream life now
@owijayson
@owijayson 24 күн бұрын
Deep ​@@Lyko5
@MrFreeGman
@MrFreeGman 24 күн бұрын
Literally just described my sister. Two kids, 6 figure income, but can't even afford a damn house because that income requires her to live in an expensive as hell city. Modern society is a scam.
@XBOWTOTHEFACE
@XBOWTOTHEFACE 24 күн бұрын
they actually have episodes about that
@hurrdurrmurrgurr
@hurrdurrmurrgurr 23 күн бұрын
@@MrFreeGman You just described my sister but without the kids. She and her boyfriend are in their thirties and still trying to save up for a house.
@amatthew1231
@amatthew1231 Ай бұрын
So going by that Median Home Price vs Median Household Income graph the best time in my lifetime to buy a house was the day I was born. Man I was such a fucking idiot back then.
@Pangora2
@Pangora2 23 күн бұрын
You admitted it yourself, before you could talk you should have been working a wage for 40 hours a week.
@urekmazino6800
@urekmazino6800 18 күн бұрын
Right why didn't I buy one back in 93!
@sum1337
@sum1337 14 күн бұрын
@@urekmazino6800 right why didnt I invest in property at 12 years old dumb young me I guess
@urekmazino6800
@urekmazino6800 14 күн бұрын
@@sum1337 yup maybe next time 🤣
@rolleplays9541
@rolleplays9541 5 күн бұрын
I was two I had mobile legs wtf was I doing!
@aliceroorback3717
@aliceroorback3717 Ай бұрын
It's like joining a server late and now you just get ganked by all the veteran killers and don't get to play. Which impacts your community growth. New players should be helped to get into the game.
@cokeweasel1064
@cokeweasel1064 Ай бұрын
Awesome analogy😂
@davidmella1174
@davidmella1174 Ай бұрын
Not only that but the new players dont recommend the game as much, leading to less players "spawning in"
@NTJedi
@NTJedi Ай бұрын
very accurate, however real life is just like in games where the griefers and cheaters will never go away. the real world does not have any heroes who will come save you.... only politicians and billionaires who are the villains
@grantbrownson2751
@grantbrownson2751 Ай бұрын
Or when you join late or get stuck in jail for a few rounds in a game of Monopoly and by the time you get started all or most of the properties are gone…
@Rocket-yc8pj
@Rocket-yc8pj Ай бұрын
This is what happened with one of my favorite games of all time. Roblox assassin
@KeeperOfKale222
@KeeperOfKale222 Ай бұрын
My wife and I often lament that we weren’t buying property when we were 4.
@brent4073
@brent4073 Ай бұрын
Just remember there were a lot of people in 2008 that wish they had never bought and just kept their money instead of getin foreclosed..
@deadbatt9321
@deadbatt9321 Ай бұрын
Git gud scrub.
@acters124
@acters124 Ай бұрын
@@deadbatt9321 Give god scrub. (Translated by Google)
@kylemilford8758
@kylemilford8758 Ай бұрын
You now have the opportunity to let your grandkids do just that. I started retirement accounts for my children for just $100 a month with below average returns they're projected to be 6 million when they turn 55. Our parents didn't know how. In the age of internet we can give out kids the life we wish we had
@gezenews
@gezenews Ай бұрын
My wife and I agreed that it would be best if we did not meet while broke and poor. Being fat isn't helping but I'm sure it will when the famines start.
@StardustMonkey
@StardustMonkey 23 күн бұрын
As a millenial parent I can tell you that in my 20s I aspired to be successful myself … but now as I turn 40 I am more like a first generation immigrant doing everything in my power to try to setup my kids to be better than me. I no longer aspire nor believe it’s possible for myself to be financially stable I am just trying to own property before so die and give my kids a better jump off point
@migooknamja
@migooknamja 19 күн бұрын
At least you have kids.
@Toufan1-gr4br
@Toufan1-gr4br 16 күн бұрын
godspeed
@alexcarrara8140
@alexcarrara8140 15 күн бұрын
Got kids? Lucky!!!!
@cans3co113
@cans3co113 15 күн бұрын
I'm on the same boat, every year my wife and I do better than the last financially but seem to be set back more and more by the codes, we are on that weird small bracket where you pay a lot of taxes but get no assistance whatsoever. We are now working to boost our daughter into a better future and a headstart.
@Hymnosi
@Hymnosi 14 күн бұрын
I think many parents think like this. It's one of the core tenants of parenthood, realizing that your kids are your legacy and it would be a disservice to you, them, and society to not help them succeed.
@asmith4549
@asmith4549 25 күн бұрын
If you’re a boomer, you own a house. If you’re a millennial, you own a couple funko pops
@javierjaime9386
@javierjaime9386 5 күн бұрын
Are we talking golden frieza pop?😂
@nimverxza2485
@nimverxza2485 5 күн бұрын
@@javierjaime9386Too fancy
@keeganmbg6999
@keeganmbg6999 3 күн бұрын
Uummm, 27 to be specific.
@Propane_Acccessories
@Propane_Acccessories 3 күн бұрын
I own a house... but I also owe the bank $220,000 lol
@xFlared
@xFlared Күн бұрын
@@Propane_Acccessories Correction. The bank owns your house.
@lsantoine7170
@lsantoine7170 Ай бұрын
There's a french expression that says: "If voting could change anything, they would have taken that right back a long time ago."
@BrgArt
@BrgArt Ай бұрын
you know who sais that ? Coluche. The only man who actually did anything for the poor in this country .
@vivelespatat2670
@vivelespatat2670 Ай бұрын
​@@BrgArtColuche also died in a very.... *unlucky* car accident.
@duewhat9815
@duewhat9815 Ай бұрын
That's the difference between American's rights and any other countries "rights." American's grow up valuing their rights as beyond government reach where'as the rest of the world see's their rights as privileges afforded to them by their Government. They literally can't take voting away without public intervention, they cannot take freedom of speech away without public intervention, they cannot take guns away without public intervention, etc. If voting didn't mean anything in America then one side wouldn't be desperate to give foreigners and illegal immigrants the right to vote in American elections.
@warrioremperor6320
@warrioremperor6320 Ай бұрын
Social Security, Vietnam war, Iraq war, Anti pollution acts etc.
@banhammer3904
@banhammer3904 Ай бұрын
It's to make people feel better about doing nothing while laundering money and giving the fanatics something to obsess about. The rest of us have to see the tacky signs on the side of the road. I can't wait until this year is over.
@crowdozer3592
@crowdozer3592 Ай бұрын
the elderly in charge of our country are like game devs that say "we hear you! changes on the way!" but every patch is terrible or too late b/c they don't even play the game anymore
@chaseray7321
@chaseray7321 Ай бұрын
They got their money, they could care less whether you play the game or not.
@blackfacegaming191
@blackfacegaming191 Ай бұрын
Why is everything “video games”
@Mirekluk
@Mirekluk Ай бұрын
@@blackfacegaming191 Because this is Asmon's viewership. Venn diagram of interests gonna intersect mostly in videogames
@thomasmoore1679
@thomasmoore1679 Ай бұрын
​@blackfacegaming191 because it's a gaming channel? Like who do you think is watching him? And people often use things they are familiar with as analogies. Especially since gamers have been getting Ws against gaming corps lately
@lDoubleDownl
@lDoubleDownl Ай бұрын
Damn this is a good metaphor
@dengmo3625
@dengmo3625 22 күн бұрын
I saw a video where a CEO thought $20/hr is $100,000/year
@stagnant-name5851
@stagnant-name5851 19 күн бұрын
Well they are probably used to their warehouse workers doing 12+ hours workdays with no weekend breaks.
@JustAaronR
@JustAaronR 16 күн бұрын
@@stagnant-name5851and only two 30 min breaks just for the legal reason, then some companies say you’re not doing enough like Sephora, Amazon then they get rid of you, and there goes 20k to 30k a year job, then taxes come in take a bit from the gross income. I used to be one of the those warehouse slaves in my teenage years for a first job. Other Warehouse Companies Use A Temp Agency For You Do The Application, and don’t tell you it’s a temporary to permanent job to waste your life to only make a minimum wage or just over it by like 2 to 3 dollars. Also Can Lay Off Workers based off of lack of work or lack of productivity of the worker is doing because management want to up the productivity of company to just pay people for their living.
@stephenrodgers9698
@stephenrodgers9698 11 күн бұрын
Pretty sure that guy is a fox news host
@The_GuyWhoNeverUploadsAnything
@The_GuyWhoNeverUploadsAnything 8 күн бұрын
Jesse Waters, even when he was corrected that it adds up to only 40k a year, he tried to push the narrative: "but if you and your partner both work with that pay and those hours, you earn 80k a year total which is almost 100k and you should be grateful." The minimum wage in the US is 7.25$/h btw.
@The_GuyWhoNeverUploadsAnything
@The_GuyWhoNeverUploadsAnything 8 күн бұрын
Don't listen to out of touch millionaires pushing the narrative of billionaires.
@MrFriday83
@MrFriday83 28 күн бұрын
I was STEM in early 2000s. I did collect all the grants, and scholarships I could I think my student debt was like $15,000? Paid off in like 6 months, working 40-50 hours a week. Now i'm seeing similar level of students coming at and over 100k probably will take them like 5-10years to pay back if they're aggressive. With the demands of working 50-70 hour. This does not add up. I've worked 60-70 hours in one week a handful of times in my 20 year career. But for these kids to really stand out need to make that their average. Its crazy
@screaminseaman6121
@screaminseaman6121 25 күн бұрын
My situation, ME graduated in 20, had around 100k with scholarships. Have half paid off but with rent and cost of living skyrocketing I've had to lower my payments prolonging it. Literally cant get ahead.
@DrekJS27
@DrekJS27 23 күн бұрын
I had about 35k in debt out in 2004. Took 3 years but I probably could have done it sooner. Got my BSME, I make 6 figs but am barely making it with a wife and 3 kids. We decided to raise our kids and do a few years of homeschool before they got to see what the world was about...
@Victoria.Gold247
@Victoria.Gold247 23 күн бұрын
@MrFriday83 $15,000 in loans and Paid off in 6 months, but still can't conjugate "there, their, and they're." 🤣
@666MaRius9991
@666MaRius9991 23 күн бұрын
@@Victoria.Gold247 It's over! 💀
@MrFriday83
@MrFriday83 22 күн бұрын
@@Victoria.Gold247 Voice to text. But thanks for pointing it out
@SK-yx7hm
@SK-yx7hm Ай бұрын
I saw a comment from another youtube vid that pretty much said it perfectly "I feel like ive been handed a bill to a party I didnt even get to attend".
@bandunga64
@bandunga64 Ай бұрын
capitalism baby!
@joshanonline
@joshanonline Ай бұрын
@@bandunga64 corruption. We had it in communism too. Also, we are probably closer to a global oligarch-fascist dystopia than just capitalism or communism.
@AliasSchmalias
@AliasSchmalias 26 күн бұрын
@@joshanonline Abuse. People are using each other for their own "benefit".
@skylinefever
@skylinefever 21 күн бұрын
​@@joshanonlineAbsolutely. Whatever system get invented, you end up with a small number of well connected oligarchs.
@zionismisterrorism8716
@zionismisterrorism8716 20 күн бұрын
@@joshanonline Late stage capitalism.
@At0ThEb
@At0ThEb Ай бұрын
"the top 10% get everyone, the bottom 50% get anime figurines"
@dutchraider2
@dutchraider2 Ай бұрын
The 40% inbetween is doing just well enough to not get social security benefits and thus can't afford the anime figurines.
@markjohnson8602
@markjohnson8602 Ай бұрын
@@dutchraider2 if they did. They would get nothing as social security isnt a living wage and is far below poverty standards!
@HoundXXII
@HoundXXII Ай бұрын
Fair deal
@viktorgabriel2554
@viktorgabriel2554 Ай бұрын
@@markjohnson8602 you miss the part where people on social security to not have to pay for housing transport and get half of their food paid for i should know i have been there
@markjohnson8602
@markjohnson8602 Ай бұрын
@@viktorgabriel2554 have you. Hmm because I receive Ssdi and none of these things are handed to me and have a co pay on my Medicare and ma of 400.00 a month out of 1240.00 a month income all before rent and food. Which I don’t qualify for even In Minnesota the biggest free welfare state.
@andreymudik2905
@andreymudik2905 29 күн бұрын
I remember in my freshman year of high school we had a two day event where tons of people from diffrent jobs and career paths came in to our school and informed us about diffrent jobs. Back then I was interested in one jobs in STEM so i asked the guy what his GPA was when he applied,he said that he applied in 1985 with a 2.4 GPA and got into one of the best Universities in the state. A few years later I applied to that same uni with a 3.8 GPA and got ghosted. 😢
@firstnamelastname-os5ro
@firstnamelastname-os5ro 17 күн бұрын
Because you are not part of their "agenda"
@jakefoster8308
@jakefoster8308 Ай бұрын
Money in politics IMO has a bigger impact than people being stupid as to why these issues don't get solved.
@JamesWillis-yy5px
@JamesWillis-yy5px 5 күн бұрын
Nonsense, the government can't do shite without the people. All the power is with the people.
@AlexAegisOfficial
@AlexAegisOfficial Ай бұрын
It's for the better, how else could Bobby afford his 20th yacht?
@marcusmeins1839
@marcusmeins1839 Ай бұрын
HAHAHAHAHAHAHHAHAHAHAHAHAHA
@Boyahda
@Boyahda Ай бұрын
It's Bobby's world.
@Itashafan
@Itashafan Ай бұрын
😂😂😂
@goncalocarneiro3043
@goncalocarneiro3043 Ай бұрын
B-But if Bobby doesn't buy four yachts every year then how will the yacht companies survive?!?! Yeah... Whatever.
@wtfTimmy
@wtfTimmy Ай бұрын
My comments keep getting deleted, read quick and repost!! Americans are indoctrinated into the lie that if they're good little citizens, if they just stay in their place,
@GoodAnon22
@GoodAnon22 Ай бұрын
Dad in my 30s got a loan and made a successful business with a wife and 2 kids. Me in my 30s a failed business i paid for myself because I couldn't get a loan no wife and kids. My state decided to raise costs of doing my business by about 3 times in one year.
@rRekko
@rRekko Ай бұрын
A living proof of how voting the wrong people in will make your life actively worst in the name of helping others.
@JailBo-id7ko
@JailBo-id7ko Ай бұрын
You tried to pull yourself up by your bootstraps, but the only bootstraps you can afford were made in a Chinese sweatshop.
@Giliver
@Giliver Ай бұрын
And what happens when there's no good candidate to vote in? What happens when the majority of voters (boomers) vote on a policy that does nothing but screw younger generations? Frankly voting is useless because there's to much misinformation and elderly voters. ​@@rRekko
@noseriouslyimserious4073
@noseriouslyimserious4073 Ай бұрын
@@GiliverI mean, things were objectively pretty good across the board when Trump was president. Like him or not, that’s just an objective truth.
@GoodAnon22
@GoodAnon22 Ай бұрын
@@JailBo-id7ko I like that one
@abolish78
@abolish78 29 күн бұрын
People fear a dystopian future, unaware of their dystopian present.
@DarkSol16
@DarkSol16 10 күн бұрын
Honestly, it reminds me of the meme about how we're getting all types of cyberpunk futures coming true. USA: staggering inequality and cool gadgets Russia: Espionage, covert Op, assassin's, and shadowy plots China: Universal surveillance and social control Japan: Japan
@smania7575
@smania7575 28 күн бұрын
I remember when I started college in 2003, the credit price at the community college near me was about $85/credit. I just checked their website and it's now $206.41/credit. The same four credit class I took almost 20 years ago would cost and extra $485 now. It's disgusting
@sortamaybe946
@sortamaybe946 25 күн бұрын
$340 in 2003 is $580 adjusted for today, tuition has outpaced inflation in this example by $244 or 42% if I ain't mistaken. It's so tough these days for afford food and rent, let alone a college education at these rates. It's a damn shame!
@CastleRaccon
@CastleRaccon 23 күн бұрын
Don't forget about dorn or rent costs, food plans, district fees, and overpriced online books/assiments that are rented per semester
@smania7575
@smania7575 23 күн бұрын
@@CastleRaccon Very true. I lived at home during college, but I know most people end up dorming or renting. And books were ridiculous when I was in college. The cheapest book was about $80 and the most expensive was just over $300. We couldn't rent our books at school, but I did rent many from an online company.
@urekmazino6800
@urekmazino6800 18 күн бұрын
Idk how people even afford college now n days without selling drugs or selling ass
@smania7575
@smania7575 18 күн бұрын
@@urekmazino6800 Right?! My siblings started college last year and it's $50k/year! And that's at semi cheaper schools. One school my brother looked at was almost $70k/year. Even though it sucked, I'm glad I lived at home while going to college. The room and board adds so much to the cost of college.
@xd3athclawx554
@xd3athclawx554 Ай бұрын
The world feels like joining a Minecraft server late, being forced to speedrun your way to get an elytra in like 20mins and realising that all the elytra are gone and you have to take a 5 hour detour of bridging and pearling to get an elytra 20-50k blocks away. All while the owners of the server try to fuck you over in every way possible.
@DavidCrosse
@DavidCrosse Ай бұрын
And when you get there, you realize your Elytra payment is do and they take it from you anyways
@carbonas
@carbonas Ай бұрын
Best analogy in here
@Chris-re3xr
@Chris-re3xr Ай бұрын
Never again vanillacraft
@EeveeRealSenpai
@EeveeRealSenpai Ай бұрын
That's why playing Minecraft with anyone that you don't know just sucks ass. (Usually how it goes for survival games)
@xChimkin
@xChimkin Ай бұрын
lol
@AlZ-oy4si
@AlZ-oy4si Ай бұрын
In the span of thirty years Homer Simpson (supporting a stay-at-home wife and three children) went from stereotype of an upper-lower-middle class drunk dope to aspirational symbol.
@ffwast
@ffwast Ай бұрын
More of an escapist fantasy.
@tidus9942
@tidus9942 Ай бұрын
The guy works a job that makes bank even today. Homer Simpson still easily affords the life he has in the show.
@TheKalimanMX
@TheKalimanMX Ай бұрын
Al Bundy could afford a house on the salary of a woman´s shoe salesman in the 80s and he was supposed to be a "loser".
@Thevilhardo
@Thevilhardo Ай бұрын
How about marge starts an onlyfans so she can support the family and bart joins kia boys. And now we have the series up to 2024 standards
@Kyle_116
@Kyle_116 Ай бұрын
@@tidus9942 Lore in show in 1996 is that Homer made $25,000 a year. Adjusted for inflation, that equates to about $50,000 a year today. You can't afford a house and a family of 5 on that today, not even close.
@AaronMetallion
@AaronMetallion 27 күн бұрын
Reminder: when my dad was born in the 1950s the population was 2.5 billion, it is now 8 billion, and we're more networked than any point in history. Free / cheaper education isn't the problem, everything is over-saturated (and by definition, all our careers are inflated). There's global solutions / outsourcing, and simply being qualified doesn't cut it anymore. If you make clothes for a living, selling it at 10$ only, there's always someone in a 3rd world country (like my country India) who'll do it for 1$ a piece, so Walmart can have a higher turnover, and Joe the local t-shirt bro stays broke. We are directly competing with the entire population (excluding children / students, and the retired). The only jobs that stay in 'local demand' are necessities: trades, contracting, doctors, nursing, roofing, plumbing, trucking, oil sector... When my dad met my mom he didn't have global competition, nor did my mom have global options. My dad had 1 pen-pal, who was a seminarian training to become a priest, that's it.
@Psycogenius
@Psycogenius 25 күн бұрын
You definitely covered a lot of pieces that are not being considered. I would also like to add the "rose tinted glasses" effect. Everyone seems to assume that no one struggled XX amount of years ago. Instead, simple statements are made that a house use to cost "$25000" and my grandpa who was a mouse farmer making 20 cents an hour lived so great! No... no they didn't. What our current people "REQUIRE" in order to meet their own living standards is insane compared to our more senior generations as well. Is there a lot of things that could use fixing? Sure. Solutions are also within the grasp of the individual but I posit that most are simply not willing to exercise those solutions. Relocate. Change fields. Get (a)nother roommate. Cut expenses. None of these things are the ideal solution but they are a solution. Or, we can keep waiting on governments to force policy changes that will also fail in spectacular fashion.
@chillinchum
@chillinchum 25 күн бұрын
​@@Psycogenius what if relocating or retraining is unrealistic? And the budget is already worn down to the minimiums? I skipped roommates as thats its own entire conversation.
@Psycogenius
@Psycogenius 25 күн бұрын
@@chillinchum Which is more unrealistic? Not making enough money and continuing to further plunge into the red and expecting things to suddenly improve or to make a change?
@chillinchum
@chillinchum 25 күн бұрын
@@Psycogenius Both can be equally unrealistic. You're not getting me that easily. If only it were so easy to be able to make change occur. Unfortunately, to a lot of folks out there, it seems as though there is nothing to do but wait for better days. If you believe otherwise, then I suggest you work out a solid plan that anyone can follow. Don't excuse it off as something they should do themselves, if you really want to see them change and you think they could, demonstrate it by being part of that very change. The alternative is watching, predictably, as nothing changes, or those people fall further into extreme ideologies. For my part, I don't care if people are unmotivated or whatever. I don't care if I have to drag everyone kicking and screaming into a new era, I only care that things change at all. If the burden is too much, I say so, not overly focus on those who aren't pulling thier own weight. Once upon a time, I couldn't pull my own weight either, I will not judge.
@Psycogenius
@Psycogenius 25 күн бұрын
@@chillinchum I am speaking from experience. The options are there. Many just write them off as "impossible" or as something they simply refuse to do. I am a millennial. I was going to college full time on top of working two full time jobs. The only "extra" thing I had was internet at my apartment so I didn't have to drive (and spend gas money) to do school work. I had 3 room mates in a 2 bedroom, 1 bath apartment. I ate top ramen and eggs with bread pretty much every day. On good days I would take 1/8th a pound of cooked ground beef and put it in the ramen. One day I DECIDED to change my situation after being confronted with reality. I paid my bills on the 1st of the month and had 3 cents left over. I didn't have enough money for food or or to get gas to get to school for the next two weeks. That day, I implemented drastic changes. I dropped out of college, switched career fields, and moved halfway across the country. Almost instantly my situation improved. My (albeit small) student loans were paid off within 2 years. I bought my first house 2 years after that. There is almost always a way out. The first step is to stop making bad decisions. The second is to realize that you are owed nothing and that "fun" is on the other side of crippling anxiety from going backwards financially every month. I have done over 300 financial counselings for people mostly in their 20s. Nearly every single one of them refused to accept steps 1 and 2 as a necessary reality. Only once did I run into a session where the person was truly in an unwinnable situation. Ultimately, someone can always come up with a situation that is impossible to dig out of but the simple steps needed to get to the other side apply to and will help the vast majority of people. The rules are simple. Stop making bad decisions. Cut expenses. Increase income.
@emultra759
@emultra759 29 күн бұрын
There are tack-on effects of this as well. If people can't have kids, or delay having kids until they're 38, grandparents will be ancestors instead of an active element in children's lives. Think about it-if two generations of women start having children at 23, grandma is 54 when her first grandchild is 8; she will likely be able to help her daughter out. If they both wait until 38, grandma will be 84 instead and likely needing more help than the kids.
@MrZoomah
@MrZoomah 10 күн бұрын
Yep. And there's some research out of Australia that shows kids who's grandparent is dead or absent do a lot worse... It's because grandma helps to train mum and gives support during the toddler years.
@MoistAlt
@MoistAlt Ай бұрын
I sent this Ted Talk to my parents and they said its because this generation don't know how to work... I love my parents but my Mum was a part time Receptionist and my step Dad was a Labourer but now works as a Surveyor. They own two homes, two cars, go on holidays abroad at least once a year... I work a white collar job working 40hrs a week and 55% of my wage goes on RENT for a one bedroom flat above a takeaway... It's actually insane.
@Deltawolf92
@Deltawolf92 Ай бұрын
Feel ya man, they just don't get it.
@andrewrules231
@andrewrules231 Ай бұрын
They will get it when the house of cards falls down and you don't have the means to dig them out lol
@markm0000
@markm0000 Ай бұрын
10 more years or so and it’ll fall apart when they’re all 6 feet under. Put half your savings in stocks and the other half in Au because cash is useless.
@16m49x3
@16m49x3 Ай бұрын
55% of my wage goes to the government to give away to others. then there's a 25% vat on top Don't think the socialist way is any better
@redfish3858
@redfish3858 Ай бұрын
​@@Deltawolf92they don't WANT to get it. They are happy to ignore what is inconvenient for their morals
@dirk1998
@dirk1998 Ай бұрын
"The child who does not feel the love of his village will burn it down to feel it's warmth." - Edgy Cliché African Proverb
@roberts7873
@roberts7873 Ай бұрын
It's a banger
@codysellers4151
@codysellers4151 Ай бұрын
Does not matter how edgy or cliché it is if it’s true.
@ariel3526
@ariel3526 Ай бұрын
Its an african proverb?
@BenjaminCronce
@BenjaminCronce Ай бұрын
Wisdom in that. Nature is a fight to the death, and in the end, everyone dies. Society is a way to make life a bit better by working together. But if we start to alienate too many people, a critical mass of people who do not benefit from society will lash out.
@dirk1998
@dirk1998 Ай бұрын
@@ariel3526 from what I heard
@Nobody_special_thats_me
@Nobody_special_thats_me 28 күн бұрын
I don't care how old you are man. You're a good man. You're so grounded and honest when you come across a real problem affecting our young men today. I'm 24. I may not be an incel or someone affected by the housing market but I did what a man said not to do and "pulled myself by my boot straps" and bought a house on mortgage, have a girl that loves me and supports the well being of us both and my step daughter. We're doing fine compared to so many and it's a wake up call to realize 965 dollars a month isn't shit for mortgage. It might be a fixer upper but it's on its way. When I found you, I was 22 watching stupid dark souls videos. Fighter pl.. and his video trolling you led me to a great man. (Even though you were fat rolling lol) You have such an open and understanding outlook that I just wanted to leave this comment. Whether you see it or not. I subscribed, because you speak truth whether it hurts feelings or not. You say what you mean whether people like it or not. You're a good fucking man Asmondgold and you deserve the recognition you've received. Thank you for being you. You're an amazing human being with qualities of a humble leader. Keep going because you deserve all the love you receive. These people feel your message and im one of them. Fucking righteous to the core 💙
@ignorantslave663
@ignorantslave663 27 күн бұрын
Dark Souls videos wasn't stupid, Fighter pl is legend
@defaultname7685
@defaultname7685 19 күн бұрын
When did you buy your house?
@Nobody_special_thats_me
@Nobody_special_thats_me 11 күн бұрын
Last year. August 23'​@@defaultname7685
@SquidInJapan
@SquidInJapan 25 күн бұрын
I love that most of the points he makes in his presentation are so clearly good that he doesn’t even feel the need to explain them. He knows we will get it, and doesn’t talk down.
@StoryAndSong1
@StoryAndSong1 Ай бұрын
“We’ll go down in history as the first society that wouldn’t save itself because it wasn’t cost effective.” - Kurt Vonnegut Edit: What have I done
@nickthompson2023
@nickthompson2023 29 күн бұрын
Yeah it’s amazing how we can readily and easily send billions to countries fighting wars but can’t find a single dime to help those who are paying the taxes
@etfacetimehome
@etfacetimehome 28 күн бұрын
dang...
@MrMr-ws3tv
@MrMr-ws3tv 27 күн бұрын
​@@nickthompson2023 Ukraine and Israel are American states. I find it confusing that you the tax payer complain about your new territory. Ukraine has great soil and Israel can keep the oil states in check.
@riverlady982
@riverlady982 27 күн бұрын
​@@MrMr-ws3tv How about because they are not Territories of the US let alone one of the States of people who have payed and continue paying taxes to fund the development, engineering/upgrading, maintenance, safety/efficiency/ability testing, and salaries of most of the people involved. Plus the salaries of our troops, them/their families health care, veterans disability, and a one-time lump sum Death Gratuity of $100,000 to the primary next of kin of a Service member who dies while on active duty through the Department of Defense. All of these things are supposed to be allocated from taxpayer money yearly through the Yearly 'Budget' decided by Congress. What neither I nor anyone else I've talked to has heard tham discuss is having them at least go through the Lend Lease Program instead.
@tony_5156
@tony_5156 27 күн бұрын
Vonnegut is so based
@pandajacket1598
@pandajacket1598 Ай бұрын
The most frightening thing to me isn’t how most people are ignorant, but how many people deny that people are ignorant. Absolutely terrifying.
@nightknight6947
@nightknight6947 Ай бұрын
you dont know what you dont know
@Devilishlybenevolent
@Devilishlybenevolent Ай бұрын
They're too busy about being mad at how woke TV shows are and immigrants at the border. They think by fixing these issues, they can magically afford a house
@Xenphos
@Xenphos Ай бұрын
​@@Devilishlybenevolent You forgot to mention how we are all being replaced as well 😂😂
@RemnTheteth
@RemnTheteth Ай бұрын
Because they'd have to call themselves ignorant, and most people aren't willing to admit when they're wrong, or don't have full information. We all need to do better.
@Riael
@Riael Ай бұрын
So you are scared by stupidity? It's not transmissible
@RichardAlaskanforaPassing
@RichardAlaskanforaPassing 24 күн бұрын
You could literally see the unsurprised disappointment in him at 33:50 after seeing how much the US spends on childcare
@gopherchucksgamingnstuff2263
@gopherchucksgamingnstuff2263 14 күн бұрын
You are correct Asmon, My son is 23 and he works hard, but if you ask him. He can not see a future. I am collecting as many assets as I can for him when I am gone. I understand If I do not leave him a home he may never be able to own one.
@gopherchucksgamingnstuff2263
@gopherchucksgamingnstuff2263 14 күн бұрын
I am Gen X too. Not a boomer
@Slim333yBoi
@Slim333yBoi 6 күн бұрын
use haveno to get some monero
@deadboyo
@deadboyo Ай бұрын
Everybody talks about how Gen Z is ruined but nobody is even trying to think about how to solve this crisis
@Ay-xq7mj
@Ay-xq7mj Ай бұрын
There is no solution except world hitting rock bottom. Others are incapable or unwilling to help so its fucked no solution will come.
@kurisu100
@kurisu100 Ай бұрын
cause this is gen z. Everyone is at fault and everyone needs to do something, but not me!!!!
@murdendev
@murdendev Ай бұрын
@@kurisu100or mayyyybe - JUST MAYBE - our economic system is inherently flawed
@ReikiMaulana
@ReikiMaulana Ай бұрын
We just got in the arena, tf should we do
@icanhazgoodgame3845
@icanhazgoodgame3845 Ай бұрын
​@@ReikiMaulanasurvive
@CaptainMisery86
@CaptainMisery86 Ай бұрын
A big problem with voting on some propositions is that they are frequently bundling multiple unrelated things together. A few years ago Florida had people vote on whether or not they should ban indoor vaping, but if you voted to keep indoor vaping, you were also voting for more oil/gas drilling
@neotronextrem
@neotronextrem Ай бұрын
That's the modern democracy scam. Unless there is single issue voting, we'll always get scammed.
@N7sensei
@N7sensei Ай бұрын
lol, that is funny
@gezenews
@gezenews Ай бұрын
Florida is being hijacked. People wanted to come here because of common sense shit like don't lockdown the entire state. Now we're waging war against jewish students and calling them anti-semites and banning weed again.
@whytho1690
@whytho1690 Ай бұрын
Recent tiktok bill was the same thing, except it happens in congress FAR more often.
@Hairybuffalo
@Hairybuffalo Ай бұрын
Yea nobody wants to breathe other peoples moisture that was inside their lungs. Gross dude.
@Michaelxl14
@Michaelxl14 24 күн бұрын
Asmon keeps saying to treat people like adults and don’t talk down or demean them. Then proceeds to say that they aren’t mature or smart enough to make the right choice when asked. If you want the first, you have to let the second happen as well.😅
@xiiiz5703
@xiiiz5703 25 күн бұрын
I think the saddest thing is that NEVER in recorded history has there ever been a deflation. Inflation is a balloon that never deflates and WILL pop.
@Karurosagu
@Karurosagu 20 күн бұрын
America's monetary system is acually designed to be inflationary in the long run So even with a deflation, prices will not go down, they will still go up but at a slower rate, which proves how broken the whole thing is
@SinRuin
@SinRuin 19 күн бұрын
@@Karurosaguthis is dumber when you take into account that by nature capitalism is deflationary
@Beau_Guerrier
@Beau_Guerrier 15 күн бұрын
Go read history .... german were burning dollar to warm themselves pre ww2. Just the first exemple that comes from back of my mind.
@xiiiz5703
@xiiiz5703 14 күн бұрын
@@Beau_Guerrier I should have specified American history.
@sunnyd4734
@sunnyd4734 13 күн бұрын
Deflation in America was 1930 to 1933.
@alxxander7506
@alxxander7506 Ай бұрын
The craziest thing is that the people in the audience are laughing at this. They do not understand that this guy is explaining how and why the usa may collapse in the near future. He hasn't even smiled a single time in the whole presentation.
@kraken3022
@kraken3022 Ай бұрын
Plus the fact that more than half of them looks like they are exactly the people he's talking about lol.
@N7sensei
@N7sensei Ай бұрын
It is crazy to think that the USA has not collapsed already. It is clear for objective observers that this place is already over. No southern border. Opioid crisis engineered by pharma companies, our own government officials, Mexico and China. Theft is not a crime in most places. 3 out of 4 blk kids have no fathers. A ridiculously high crime.
@St.FighterZ
@St.FighterZ Ай бұрын
Yep, people cant be serious for a second because its uncomfortable for them. Pathetic. Humor is sprinkled in for levity but no one should actually be lol to it.
@Forgison2
@Forgison2 Ай бұрын
yeah tbh asmongold has an older fanbase and older generations just love to shit on gen z. Even though statistically we work just as hard as any other generation and statistically we are at the biggest disadvantage compared to any generation. This country is fucked. People have stopped communicating with each other and because of that America will fall. Reason why america was so great is because we accepted multiple ideologies in our policies.
@Spright91
@Spright91 Ай бұрын
Yea this isn't just the fucking over of a group of people. It's the transition of a free nation to a corporate dystopia.
@gcelite36
@gcelite36 Ай бұрын
Destroying? It’s been destroyed, it started impacting Gen X and the Millennials and is continuing to the next generations.
@invisibleraiden3349
@invisibleraiden3349 Ай бұрын
Nah. Happened before Y was around. Gen x and boomers did the damage.
@Remedy462
@Remedy462 Ай бұрын
Bro, I'm a Millennial, I was born in 1993. What do you want me to do? I don't even own a house. Also, this really started with Ronald Reagan.
@mattwing311
@mattwing311 Ай бұрын
No.. The selfish boomers took, took and took without planting the seeds for future generations.
@gcelite36
@gcelite36 Ай бұрын
@@invisibleraiden3349 I meant Gen X and Millennials are the first to feel the effects. It's only getting worse for the generations to come.
@its_jimbooh_no6572
@its_jimbooh_no6572 Ай бұрын
Boomers 100% almost all boomers even ones who just had a low end to median salary job own multiple house, vacation home, multiple cars they never drive. If they don’t own all that they still had enough money too they just weren’t as smart. I am a business owner so I worked for all the boomers that are just every day joes and I can promise you there life is sooo much different than people who are living a every Joe kinda life now.
@wyatthennings4327
@wyatthennings4327 29 күн бұрын
Thanks for reviewing this video. I wanted to watch it but I swore off Ted Talks a while back.
@CorinthianIvory
@CorinthianIvory 2 күн бұрын
Why?
@Sephiroth1550
@Sephiroth1550 29 күн бұрын
When you feel torn about a technology, list out all the positives and negatives. Then cross out all the positives because companies eliminate those on every quarterly earnings call. Then look at what’s left on your list.
@ERBanmech
@ERBanmech 9 күн бұрын
Because their way to make money off of every new technology is to commodify. Take nuralink for example, it’s amazing that a paralyzed person can return to a semblance of normal life through this brain chip. Will it stop there though? No, not at all. There’s a ton of money to be made by implanting it in people who want to be superior to others or are desperate for a leg up in their work / gaming lives. But that costs us a portion of our humanity and creates a further divide along that line. Companies take what can be good in moderation and make it evil in excess.
@sern.21
@sern.21 Ай бұрын
John D. Rockefeller - “I don’t want a nation of thinkers, I want a nation of workers.” - “Get rich by taking something common and making it uncommon.” - “Competition is a sin.” - “I would rather earn 1% off a 100 people’s efforts than 100% of my own efforts.” Such a great role model, that guy. And make no mistake, he had a huge impact on the creation and structure of the K-12 education system.
@troyodynski3652
@troyodynski3652 29 күн бұрын
Yup the same system the left demands we dump billions into and forcing kids to languish in.
@Slamboni4k
@Slamboni4k 28 күн бұрын
His son paid for the sins of the father.
@paullaroque5960
@paullaroque5960 27 күн бұрын
"“I don’t want a nation of thinkers, I want a nation of workers.” hey there comrade 🖐😉
@AliasSchmalias
@AliasSchmalias 26 күн бұрын
So many unconscious quotes from a single person.
@namenlosNamenlos
@namenlosNamenlos 26 күн бұрын
WEF klaus schwab: you will own nothing be happy.
@Swoiny
@Swoiny Ай бұрын
remember when epstein island was raided and nothing happened after that?
@Jambuki888
@Jambuki888 Ай бұрын
I member
@NetBattler
@NetBattler Ай бұрын
I forgor
@kennyaero360
@kennyaero360 Ай бұрын
Tf that shit has to do with the topic?
@Swoiny
@Swoiny Ай бұрын
@@kennyaero360 you got offended over my comment lol did you visit the island or something
@zumzici1234
@zumzici1234 Ай бұрын
​@kennyaero360 no accountability and protection for those in power. Nothing will change unless the working class is able to hold those making these decisions accountable.
@joebloe9901
@joebloe9901 23 күн бұрын
I just seen a tiktok video of an older retired guy who owns his property but he has to pay 700 dollars a MONTH in property taxes and he never gets to actually retire. Because of social media younger generations are seeing the reality of never owning anything and it sucks.
@51L3NTF1R3
@51L3NTF1R3 Ай бұрын
appreciate you jumping right on this Ted Talk asmon! ✨👏🏽 thank you 🙏🏽
@dabluflcn
@dabluflcn Ай бұрын
One of the scary things not being talked about regarding boomers passing is that their wealth will not be transferring down. We’ve made elder care and death care so expensive in this country that any inheritance that may have been passed will be transferred to private institutions that will pillage what’s left after wiping grandpas behind while waiting for them to pass.
@SirBladewind
@SirBladewind Ай бұрын
What's worse about that is the institution collects the money, not the people who take care of grandpa as he passes. Hospice nurses make about as much an assistant manager does at a Wawa.
@dabluflcn
@dabluflcn Ай бұрын
@@SirBladewind it’s the worst outcome. Predatory healthcare has got to be one of the worst things to exist in modern society.
@LucasCunhaRocha
@LucasCunhaRocha Ай бұрын
this was kinda the reason why Robin Williams took the "easy way out", so Zelda could inherit something, otherwise he would blow all his money on his treatment.
@Menky90
@Menky90 Ай бұрын
Depends on family my grandfather just died in November and my uncle got $110,000 inheritance, mom got over $80,000 and a car and grandfathers girlfriend got $95,000. That’s great for them and all I got $0 and I have less than $500 sitting in my checking account with $2,500 in credit card debt a 16 year old vehicle and no house. So I got screwed.
@alicruz4900
@alicruz4900 Ай бұрын
@@Menky90I feel you! My parents have a beautiful 2 acre home and were gifted multiple properties worth hundreds of thousands of dollars while also having close to $500,000 cash in the bank. I don’t own a home, have 3 kids and my father bragged about leaving nothing to me and my siblings, when he was left tons of assets
@miinyoo
@miinyoo Ай бұрын
Globalization of labor has a lot to do with this. Companies hiring in cheaper labor on visas. They all spent billions lobbying to be able to do that instead of train the next generation of domestic kids and pay them reasonably for it. It's not the whole story but it's not an insignificant part of it. It's just cheaper in almost every way.
@greenbean4422
@greenbean4422 Ай бұрын
Globalization *in general* is why a lot of economic effects have taken hold of ours and others economy without much you can do about it
@lamename2010
@lamename2010 Ай бұрын
The strong anti-natalism that has existed since at least the 70's is another factor. And at some point it became the cope for why people could not afford kids. They "chose" it. Instead of being forced into it. And because of this anti-natalism has gone from being a minority view, to an outright majority view.
@crowd175
@crowd175 Ай бұрын
What can I say if US printmoney means every single economy just swallow the blow cause US dollar is the international exchange valuta. If other countries would use their own currency US would collapse in a minute the only reason politicians of US can abuse by printing value from thin air cause they are the last who will fall from the consequences, everybody else should buy US dollar if they want to trade globally so the burdens of that randomly generated value hack that they're using are on everyone not just on the US until countries start to refuse to use dollar as exchange currency.
@goncalocarneiro3043
@goncalocarneiro3043 Ай бұрын
What should have been an avenue to increase the prosperity of everyone became the prosperity of the few... Only in a bizarro world does more supply somehow equate to more misery.
@iamscoutstfu
@iamscoutstfu Ай бұрын
Globalization of labor is caused, in turn, by government intervention in the market, making it more costly to employ local labor. However, as robotics spin up, we'll likely see that shift back towards domestic manufacturing. We want to position ourselves with cheap, abundant power., and high density for professionals oriented towards manufacturing optimization, robottronics, and automation sciences.
@cocosusprime
@cocosusprime 21 күн бұрын
Voting changes the person on the throne, but people being angry and refusing to act like mindless drones is what forces the throne to change how it works, so that the throne remains even when the one that sits on it changes.
@kaleidsbox6915
@kaleidsbox6915 23 күн бұрын
It's not really (only) the fat. It's mainly the masses of sugar that have been "normalized" in almost every food item and beverage you'll come across to consume nearly all over the world over the past few decades all while blaming the growth of obese people on the "evil fat".
@insrtcowjoke
@insrtcowjoke Ай бұрын
Generations have gotten more selfish, too. I had a relative that went through a mid-life crisis and was in a real bad place. His parents stepped up, bailed him out, gave him a place to stay and a new job, and over a couple of years he managed to rebound. Now he's an adult with kids of his own, and his own kids found themselves in a crisis and needed help. He refused to help his kids directly, and only gave them advice; insisting it was best they learn how to save themselves. His one son managed to pull it off; the other did not and is frequently bouncing in and out of jails. It bothers me, because his parents weren't very well off at all living in an apartment, but still saved him when he needed it. Now, he's very well off and owns his own home, planning to own another, with a boat and 3 cars. Yet he refuses to share his wealth with his own children to help them. And their relationship has suffered quite a bit. But that's part of the problem that I've seen firsthand. The previous generations aren't willing to make sacrifices for the new ones. They're selfish and put self-interest ahead of all.
@Totsy30
@Totsy30 Ай бұрын
I feel like that's how we got here in the first place. It's like people are competing to see who gets buried in the shiniest coffin.
@insrtcowjoke
@insrtcowjoke Ай бұрын
@@Totsy30 It's not even just *like* that, it *is* that. I used to work at a cemetery, and a family there paid over $3 million to have a personal mausoleum built for them.
@pspmaster2071
@pspmaster2071 Ай бұрын
He sounds like a real hypocrite then. Some people are like that. If only they could see themselves. A lot of people who would like to call themselves self made got a lot more support than they would like to acknowledge.
@insrtcowjoke
@insrtcowjoke Ай бұрын
@@pspmaster2071 Sadly, most people are hypocrites. Because it's easy to have one position when you're on the sidelines, but harder to keep it once you're the one playing the game.
@RealCodreX
@RealCodreX Ай бұрын
Since the prices go up you have no other choice but to get more selfish!
@certifiedgadzo
@certifiedgadzo Ай бұрын
my bad i didnt bought stocks when i was 7
@LimitBreakr424
@LimitBreakr424 Ай бұрын
Those that did had to sell them to pay for rent and groceries
@degla232
@degla232 Ай бұрын
yes its totally your bad that you werent a 7 year old investing wizard that could predict the next s&p 500 companies
@goodj111
@goodj111 Ай бұрын
The next best time is now. N.B just buy indexed etfs
@FleshWizard69420
@FleshWizard69420 Ай бұрын
Should have bought a house in 2008 instead of being in school 😤
@BussinandDiscussin
@BussinandDiscussin Ай бұрын
I looked at amazon even 2014 would have been a 1000% feels shittiy
@916vkidd
@916vkidd 28 күн бұрын
I go to a private Nursing school on the west coast (not west coast university) and tuition is 569* a unit. Most classes are 4 unit classes.
@pekka1900
@pekka1900 25 күн бұрын
I'm not from the states (Finland), and I can understand a lot how Americans feel, but I'd like to add that my life was a complete mess until 25 (now 34), and it wasn't from a lack of money or opportunity, although I was poor. I think the biggest problem is a lack of vision for the future. Literally no one cared about my life as a kid, nor guided me. Some vague "what you wanna do as adult" questions only. Where was the single word of encouragement or an act of love or kindness, or a single "I love you". Kids if ever hear anything actually positive from anyone. Let alone from their own parents. There was a post ww2 vision that we'd all work hard and reach a material utopia, presto; end of history and eternal bliss. That generation is now old or dead. Now the material and financial momentum is still there to carry the whole thing forward, but it is running out of steam. The current generation sees no future, but constant fear mongering and end of the world panic. People just don't give a shit unless its something short term beneficial for them personally. I think we're in for a rough ride in this century, but yet I'm just about to start a family and build a house. I refuse to give up.
@zarasha2024
@zarasha2024 10 күн бұрын
Good luck on your family and house. And yes, I agree with you, social media and the news constantly terrorize the masses, no wonder people are always down when we are literally told that we are worth nothing and the world is going to end in 3 years
@MrWilliGaming
@MrWilliGaming Ай бұрын
the funny thing about demographics is that you can see whats gonna happen 10-20 years from now today. I am never gonna go into retirement I am gonna work until I die. why the fuck would I care about a "social contract" or a nation that sees me as little more that a common servant?
@RemnTheteth
@RemnTheteth Ай бұрын
Because the people in power don't represent you- and there are tens of millions of people who think like you do. The social contract is being breached, but it is not broken - it's not an either or. We need people like you to keep having conversations with people, to be open to new ideas and better paths forward. The video presented many ideas that bridge the gap between the ideological divide in this country - let this be your platform. I believe in you.
@NTJedi
@NTJedi Ай бұрын
As the 1st world countries are catapulted into poverty... organized crime will skyrocket and government police states will rise. Within 80 years It will be a Mad Max world mixed with Judge Dredd law enforcement
@chaseray7321
@chaseray7321 Ай бұрын
@@RemnThetethLegitimately inspiring thank you. Yes, we should never give up and let these scum of the earth leaders have their way.
@undeadcenturion402
@undeadcenturion402 Ай бұрын
Its funny because the same old people who fucked it up this bad expect us Gen Zers to fix it and call us lazy pieces of shit when we say hell the fuck no.
@anders8204
@anders8204 Ай бұрын
I don't think anyone expects you to fix anything. I don't think anyone expects anyone to fix anything anymore. There is a good reason why people's primary goal is to earn enough so they don't have to deal with the broken shit, rather than to earn money so they can start fixing things.
@WarNoob755
@WarNoob755 Ай бұрын
They were telling the millennials the same thing. They honestly don't know the difference between our generations.
@flynnoflenniken7402
@flynnoflenniken7402 Ай бұрын
Yeah, as a mid-30s Millennial, I've been hearing that from old folk since I was in high school. Blaming Millennials and their avocado toast for all the problems in the world, and I'm sitting there like, I'm a dumb teenager with no power or influence, you guys are the ones running things. At some point they moved on to Gen Z cuz they're the current new kids, and at some point they'll probably move on to Gen Alpha and do the same thing all over again. Also, you may have seen some reports about Gen Alpha being "more conservative and industrious" than previous gens or some bullshit. They said the same thing about Gen Z when you were Gen Alphas age. Back then it was just wishful thinking on the part of the media and another opportunity for them to take a dump on Millennials, and now it's just wishful thinking on the part of the media again and another opportunity for them to take a dump on Gen Z before your time in the spotlight ends. Try not to let it get to you; it's all bullshit.
@markblaze4909
@markblaze4909 Ай бұрын
If the shoe fits. Problem is people think they aren’t responsible for their own problems
@WarNoob755
@WarNoob755 Ай бұрын
@@markblaze4909 Children by definition usually aren't.
@StochasticUniverse
@StochasticUniverse 23 күн бұрын
28:56 "everybody was skinny [in old videos]" YES! The thing that always gets me is that you go even further back in time, to Woodstock in the late '60s, there are literally hundreds of thousands of college kids wilding around the place. Look at them in old, archival footage. Basically nobody was fat. It was just kind of unheard of back then. US government agricultural policy that produced a glut of corn, which then required food scientists to invent new uses for corn, like corn syrup (which then got put into every imaginable product), caused the inflation of the American waistline. It directly ties back to agricultural policy. I was a kid in the early '80s and basically nobody was fat. In my entire elementary school, with ~400 kids, there were like 2 kids that were actually fat. It simply didn't happen back then. Nowadays, it's one out of every 5 kids! And the sad thing is that things have changed so much that the younger generation may not even realize just how much we've mutated our bodies with our cultural procilivities since times before they were born. In the way of all Zoomers, they probably just assume that it's always been that way -- but no, it hasn't. It's not only a change, it's a comparatively recent change. It's happened within my own lifetime, and I'm only 41 years old.
@gamingsuperun
@gamingsuperun 5 күн бұрын
Back then if you wanted to be fat you had to REALLY eat. Nowadays a steady diet of processed snacks will get you there while eating much less
@dudeistpreist5721
@dudeistpreist5721 21 күн бұрын
29:00 the food is more processed, the portions are larger, and we consume more sugar and less non gmo food.
@jacobhollback2879
@jacobhollback2879 14 күн бұрын
Additionally a huge problem that is often overlooked is food deserts - a geographical area that has no sources of fresh or healthy food. You see this most often in big cities, specifically lower income areas. For those demographics, often their only option in terms of cost and access is fast food or gas stations. Which directly corotates to childhood and adult obesity among lower income and minority populations.
@PsychoathGOD
@PsychoathGOD Ай бұрын
My loan was 65k for my BSN. Only paid it off early because of a car accident that was the other person fault.
@hs.j7291
@hs.j7291 Ай бұрын
It's in the rules. Biker's fault
@garymcmillan6943
@garymcmillan6943 Ай бұрын
You could have traded your car payment for a beater to pay your debt. Guessing you didn't consider that.
@fornhunkle
@fornhunkle Ай бұрын
​@@garymcmillan6943 65k was the cost of school, not a car. They were in a car accident and the other person's insurance probably paid out 42k for permanent injuries, this is what they used paid off their SCHOOLING.
@despain8726
@despain8726 Ай бұрын
Americaaaa Americaaaa God shed his grace on thee. And all the insurance companies are all full of fucking thieves~
@kevintran7208
@kevintran7208 Ай бұрын
​@@garymcmillan6943It could have already been a beater car or their parents' car. Guess you didn't consider that 😂.
@Landshark583
@Landshark583 Ай бұрын
4:38 In 2030 you don't buy a home, you apply to be a servant in a rich person's house so you aren't homeless
@oddRobert
@oddRobert 29 күн бұрын
that's me pretty much me for last 15 years or so
@oddRobert
@oddRobert 29 күн бұрын
what is next step ?
@oddRobert
@oddRobert 29 күн бұрын
underwear from used newspapers ;-p
@snipermagoo
@snipermagoo 27 күн бұрын
My grandfather worked in service before WW2 for exactly that reason. After the war forced him to work the factories in Coventry, he stayed and soon bought a house with only him earning in a household of 5. We're literally going back in time 100 years.
@anthonynelson6671
@anthonynelson6671 26 күн бұрын
Acceleration towards corporate feudalism??
@blackwind743
@blackwind743 26 күн бұрын
I can't find the details anymore because it's so old and little known at this point but there was a letter in the late 70's I think from an influential individual to the U.S. Department of Commerce stating how they need to focus on making college less accessible because it was producing too many hippies who want to make the world better and it's seriously threatening profits.
@JohnDoe-lo1uf
@JohnDoe-lo1uf 15 күн бұрын
Wind turbines do kill all the birds. They also have an extremely short lifespan, aren't recyclable, and are extremely energy intensive to build.
@The_GuyWhoNeverUploadsAnything
@The_GuyWhoNeverUploadsAnything 8 күн бұрын
They work, It takes under around a year for them to produce the energy needed to build them, they have a lifetime of 20-25 years, they're among the cheapest way to produce electricity, we can build them out of material we can recycle, they will do much less harm to birds and ecosystems overall than continuing to pump CO2 into the atmosphere by burning fossil fuels will.
@orthodox_gentleman
@orthodox_gentleman 3 күн бұрын
@@The_GuyWhoNeverUploadsAnythingas a professional engineer I completely concur with you bro
@BaitingSodaRun
@BaitingSodaRun Ай бұрын
Maybe this is not what Asmon tried to say before he skipped over when mentioning treating kids around age 14 as adults, but maybe he wanted to say that when you are a teen, you should start getting treated as an adult slowly so that you get used to it, while someone else is still responsible for you (meaning you have a safety net). This way you will allow them to fail and learn from it, such that when they are 20+ they will actually be able to be an adult. If you are 17 and you were never allowed to have any part in any kind of responsability, be it money, decisions, thinking about future or solutions to stuff, there is absolutely no way that you will magically be able to do any of it properly at 18. Think about it, if you never let a teenager figure out how to spend 60$ (which is fine if he literally throws it out the window), what will happen when he is 19 and needs to decide if he wants to go 60 000$ in debt?
@BassRacerx
@BassRacerx Ай бұрын
this. You can't shelter teenagers and then the day they turn 18 they magically become an adult. You have to slowly introduce them to consequences of their actions and long term decision making or they will miserably fail as a young adult.
@jeremymullens7167
@jeremymullens7167 Ай бұрын
Those first two graphs in the six graph slide show an increase in self harm and depression for young girls and it’s correlated to social media use. Social media is harmful for teenage girls.
@geekofsteal
@geekofsteal Ай бұрын
Indeed. Previous generations, particularly pre-baby boomers, were not treated with the kid gloves that we typically do now. If you were a teenager in the 50s or previously, you were working the farm during summer months when not in school. You were doing more chores, and trusted to go outside and and not get kidnapped(which honestly was probably not the best idea). Modern life in 'The West' is both a fairly new phenomena, and a luxury. We are seeing the beginning of the decline of a society that most people never think to fully appreciate, and the '3rd World', which seems so far away and something we take pitty on, will eventually become our reality if SOMETHING isn't done to course correct. I don't have an answer to what that something is.
@trajectoryunown
@trajectoryunown 29 күн бұрын
Used to be that way. Kids were raised to be adults. Now they look at people in their late teens and early 20s like they're still young pups. They're NOT. Many of our founding fathers were part of that age group when America was founded, for Christ's sake!
@ArtimaeusSkylight
@ArtimaeusSkylight 28 күн бұрын
He also said to take away their right to have social media. What happens when they jump into that ocean at 18? I don't think kids should have it but just like his "bad parenting" comment it's something that can be supervised and educated on. Prohibition proved that banning things makes it worse. Legalize Marijuana, it isn't cut with garbage. If you ban social media but it exists, the kids will find some other platform and the same dangers will exist there, if not worse.
@taku-ruki
@taku-ruki Ай бұрын
whoever said that no to the "people are to stupid to understand these things" comment. I implore you to work retail for a few months and rethink that statement. People cant even read plain text or simple exit signs and run around like headless chickens.
@TSC_Miles
@TSC_Miles Ай бұрын
A few months? 3 days, Work 3 DAYS in retail, you'll lose 20 IQ.
@Cyber-Rain
@Cyber-Rain Ай бұрын
I've seen people pull up to a pump with their gas tank on the opposite side 3 times in a row. I've seen people ignore big, generous, and free parking spots just to block a pump and use the bathroom. No, they weren't getting gas. Yes, people who were getting gas were held up because of them. I've seen people drive forward and in reverse, heading in the wrong direction of a one-way street. I've seen accidents and near misses because someone failed to yield.
@Totsy30
@Totsy30 Ай бұрын
Idiocracy is becoming a reality. I see kids in their teens who don't even know how to tie their own shoes.
@akaku9
@akaku9 Ай бұрын
@@Cyber-Rain These examples start out extreme but turn into run of the mill mistakes. If you had a counter on your desk that went up every time someone failed to yield; you'd never drive again.
@Buttz2Buttz
@Buttz2Buttz Ай бұрын
Overheard someone ask, "where do you get your Jersey Tomato's from?"
@dt8694
@dt8694 18 күн бұрын
College was $60k to $80k a year of taking more credits even though I had scholarships. Courses in my middle school and high school were more academically advanced than what you were saying since I had statistics and calculus in middle school. 9th grade taking AP calculus AB, 10th grade calculus BC, and then IB math HL2 for 11th grade and HL 3 with advanced college math courses for senior year.
@druu988
@druu988 28 күн бұрын
I graduated from Sacred Heart University in 2017 by using the G.I. bill so I never had to worry about how much the classes were
@Avalanste
@Avalanste Ай бұрын
The old people are not leaving and still hogging the seats.
@fanaticist
@fanaticist Ай бұрын
the young people are competing with infinite streams of hondurans who will do jobs for $10/hr forever.
@roberts7873
@roberts7873 Ай бұрын
The demographic crisis is going to be Historic. Women wasting their fertile years chasing careers/Chadrone. Men checking the fuck out because of Divorce/Dating being dead. Open borders to try and kick the can down the road for a generation or two. Government spending on everyone but it's own citizens. Stagnated wages/lack of middle class jobs because of automation/globalization. Imma watch it 🔥
@Sariine436
@Sariine436 Ай бұрын
​@@fanaticistnah, at some point they will complain. They need food and a place to stay.
@TheNightmareTroll
@TheNightmareTroll Ай бұрын
@@fanaticisttell me about it these people are everywhere and why would they increase pay when people outside of americans are gonna get benefited more than us.
@mattvoelker241
@mattvoelker241 Ай бұрын
@@Sariine436 Dont worry, Uncle Joe's got em covered. They're getting free room and board in NY atm
@EverybodysEnoch
@EverybodysEnoch Ай бұрын
I took classes at community state and private colleges, and I think community colleges did it best. They’re not trying to weed out less intelligent students, they’re actually trying to teach a complex concept to as many student as possible so that they might succeed. Prestigious institutions on the other hand are just like one long test
@Theehannle
@Theehannle Ай бұрын
Im not the only one who experienced this same problem
@michaelmach9515
@michaelmach9515 Ай бұрын
Yeah getting my degree was basically you understand immediately or you fail. Not enough TAs and most professors dont give a shit if you pass or fail and dont have wnough office hours
@NTJedi
@NTJedi Ай бұрын
News Flash--- The only people who care about degrees are other people who were tricked into getting a degree. No college degree and 6 figure income as senior software engineer from Fortune 100.
@aidanbrown7137
@aidanbrown7137 Ай бұрын
So true. Current honors stats student at a UC that transferred from a community college. I fucked up in high school and wanted to turn my life around. I’ll tell you that my community college classes on average had better teachers. They wanted you to learn. Professors at UC don’t give a rats ass if u do well. They don’t want to answer questions, and offload work on to overworked and underpaid TAs. There are some good professors and you must seek them out and cherish them like gold if u want to do well. Additionally, big portion of successful students with good GPA are taking easy classes they don’t need because they don’t wanna risk a hard class with a bad professor ruining their chances of grad school/med school etc
@MollyHJohns
@MollyHJohns Ай бұрын
Community college aka trade school? Is it different? I heard people who went straight to trade did alright.
@mariushusejacobsen3221
@mariushusejacobsen3221 29 күн бұрын
One issue with his talk is the use of 'market cap' as a source to pay for something. Market caps are fiction. You can't cash them out. That also means you can't pay for stuff using them.
@buck_up
@buck_up 10 күн бұрын
At my school there is a numbered cell phone holder by the door and each kid has a number where their phone goes when they enter class.
@jikoos
@jikoos Ай бұрын
"he's pushing an agenda" brother if the agenda is "let's leave the world better than we found it" maybe it's an agenda worth pushing !! ????
@khayon4364
@khayon4364 28 күн бұрын
THIS.
@1111Tactical
@1111Tactical 26 күн бұрын
His agenda is to shift the spending from social security to programs for young people, raise the minimum wage, etc.. Typical liberal stuff in the old school sense not the woke sense. The kind of spending and price setting that caused costs to skyrocket in the first place. The government spending a bunch of money no matter who it's on is the problem. Doesn't matter if it's spending for old boomers dick pills or young kids college it doesn't matter. The massive spending itself dilutes the value of the dollar and runs up the debt that later generations have to pay. 😅 It's like trying to smoke more crack even harder to break your crack addiction
@SomeYouTubeTraveler
@SomeYouTubeTraveler 22 күн бұрын
We live in such a backwards, instant-gratification-obsessed, instinct-driven world, that anyone who displays the merest semblance of forethought and planning is immediately distrusted. I long for the days of the quill pen, back when men with far-flung agendas reaching generations beyond their lifetimes would _debate_ and _compromise_ and thus _unify_ behind these agendas, instead of pillorying each other for the sin of merely having them at all.
@RanEncounter
@RanEncounter 17 күн бұрын
Well he is wrong about social security. He fell for the same kind of propaganda he is against.
@markbrown8097
@markbrown8097 15 күн бұрын
​​@@RanEncounter, where is he wrong about the social security ponzi scheme?
@Matthew.33.
@Matthew.33. Ай бұрын
Btw the modern world feels like WoW when you are new player and there is people that have 20 years straigth playing, and become ultra toxic and elitist to new players. You know the result of this behavior enveryone just stop playing your game and play another game.
@blackelton7127
@blackelton7127 Ай бұрын
I’ll be hanging out in Goldshire drinking Thunderbrew
@jer1776
@jer1776 Ай бұрын
Thats exactly what Europeans decades/centuries ago put up with back home and why they said fk it and decided to come to the new world.. makes you wonder if there will ever be another wave of people leaving for better opportunity elsewhere.
@ikuma8291
@ikuma8291 Ай бұрын
Yeah but where? Antarctis?
@Jimmykings25
@Jimmykings25 Ай бұрын
Pretty true lol politicians and billionaires are gatekeeping having a good life
@ripplecutter233
@ripplecutter233 Ай бұрын
Maybe the problem isn't that life is crap, but that there's no "other game" to ragequit to anymore.
@namenlosNamenlos
@namenlosNamenlos 26 күн бұрын
WEF klaus schwab: you will own nothing be happy.
@CatAtomic99
@CatAtomic99 11 күн бұрын
That isn't what drove up college tuition costs. What drove up college tuition was the '91 civil rights law that made it illegal to use IQ or aptitude tests for employment, because of "disparate impact". After that, university degrees became proxy IQ tests, and federally guaranteed student loans allows universities to massively bloat their enrollment while constantly upping tuition. So the problem is not that universities haven't increased enrollment enough-- it's that we have a completely synthetic impetus for young people to get bogus, dummy degrees that cost ten times what they should.
@Wraith983
@Wraith983 Ай бұрын
We solved this 100 years ago under Eisenhower and then we spent over 50 years reversing it.
@erikhendrickson59
@erikhendrickson59 Ай бұрын
Here's a little-known fact: Prescott Bush (HW's Father, and George W's grandad) spearheaded the plot to assassinate FDR to prevent passage of The New Deal. The plot was uncovered by a whistleblower, and NOBODY WAS PUNISHED. His son and grandson went on to become future presidents. At the very least, The New Deal saved America from the Great Depression (and potentially ended the Depression worldwide by massively increasing the supply of many important commodities on the market)
@googleisevil8958
@googleisevil8958 Ай бұрын
We nothing. The government did this under our noses. They didn't like Eisenhower because he was a true American.
@wtfTimmy
@wtfTimmy Ай бұрын
My comments keep getting deleted, read quick and repost!! Americans are indoctrinated into the lie that if they're good little citizens,
@wtfTimmy
@wtfTimmy Ай бұрын
if they just stay in their place, they'll be rewarded for their hard work and kindness with the "American dream"...and by the time they've realized its all a farce they'll be to old to care and lack the will to do anything about it.
@chefdougy
@chefdougy Ай бұрын
HUH
@gunnerbither7786
@gunnerbither7786 Ай бұрын
At this point I’ll be a 30 year old with $300,000 buying a double cheese burger for $55,000
@StoryModeAJ
@StoryModeAJ Ай бұрын
The burger is also a time share... I get to bite it 3 months out of the year
@claybirdyshaw5737
@claybirdyshaw5737 Ай бұрын
Quit exaggerating. There is no way a burger will break $10k in the next decade. I bet it won't even break $8k, but that is still in the realm of possibilities.
@backalleyburrito1815
@backalleyburrito1815 Ай бұрын
​@@claybirdyshaw5737wagyu beef burgers are allready close to that
@rRekko
@rRekko Ай бұрын
Not so far off tbh. In Argentina when i started working 14 years ago, the min wage was 1400ars and the big mac was going for 3ars, then 7 years ago min wage was 7k and big mac was 40ars. Today min wage is 221k and big mac is 4700. Thing can go crazy very fast, especially if the government prints so much money the exchange rate goes from 1 usd = 60 ars to 1 usd = 1200 ars in 4 years.
@kokocaptainqc
@kokocaptainqc Ай бұрын
canada a single PLAIN cheeseburger is 11$
@TrickyMickTrucking
@TrickyMickTrucking 15 күн бұрын
Wages compared to the S&p 500 is the most mind-blowing chart comparison I have ever seen.
@channel_lurker
@channel_lurker 28 күн бұрын
i got kicked out of middle school, never made it too collage thank freaking god lol
@Mikisoq39
@Mikisoq39 Ай бұрын
The problem with kids these days is that they did no lock in a mortage a few years before they were born.
@dillardc81
@dillardc81 24 күн бұрын
Interest rates were in the 20s a few years before I was born lol
@entertainthespirits
@entertainthespirits Ай бұрын
That had to be the most awkward, reluctant clapping I’ve ever seen from a TED audience. You could almost feel them squirming in their seats. I think the only thing they enthusiastically cheered for was the portrait of Trudeau (the guy currently causing the housing crisis in Canada and importing millions of Indian student-visa wage-slaves) This guy has serious balls for getting up on stage in front of a room full of rich neoliberal gen-Xers from Vancouver and tell them that they are actually part of the problem.
@ZugzugZugzugson
@ZugzugZugzugson 29 күн бұрын
the ones who clapped were the ones willing to admit it, which means more than half the room refuse to acknowledge that they literally ruined the world for their children and their children's children (assuming that generation will have any at all, which is highly unlikely at this rate).
@yaguking
@yaguking 26 күн бұрын
07:40 Same here except i didnt do any of the school work honestly. I crammed all 4 years into my senior year and still managed to graduate, with the impressive gpa of a 0.6
@Danji_Coppersmoke
@Danji_Coppersmoke 26 күн бұрын
Term limit is good idea. it is an insurance policy for long term capture.
@kerotomas1
@kerotomas1 Ай бұрын
Social media simply made the people realize the huge inequalities by showing it without choice into their faces. No wonder that creates massive frustration.
@gottagofastest
@gottagofastest Ай бұрын
No people were mad about it before social media took over, that's what Occupy Wall Street was about (and why the elites started distracting the left with race and gender stuff)
@Slim333yBoi
@Slim333yBoi 6 күн бұрын
why old well off people hate it
@metatron107
@metatron107 Ай бұрын
in 1975 you could work for a _summer at mcdonalds_ and afford a years tuition at yale, a place to live during school, and a new mustang.
@colinfindlay4790
@colinfindlay4790 Ай бұрын
And now a student in the Phillipines can work for a summer, for a US company, over Zoom, and get a years tutition at their local varsity.
@mikesteelheart
@mikesteelheart Ай бұрын
It wasn't that good, would've been a 4 year old Mustang lol...
@g.lowenklee2268
@g.lowenklee2268 Ай бұрын
I don't know about that, but I did check the math on something similar: in 1969 if you worked a full-time minimum wage job, your annual salary was enough for tuition at a state college, books, and room & board for the whole year ...with 75% of your income left over. It seems like purchasing power has been eroded since then by flatline wage growth, largely a function of wealth transfer to the top, as well as price increases, also largely a function of wealth transfer to the top (albeit less directly).
@yeetusdeleetus4697
@yeetusdeleetus4697 Ай бұрын
@@mikesteelheart I would have to work 740 hours right now to be able to afford a 10 year old car.
@Hairybuffalo
@Hairybuffalo Ай бұрын
@@g.lowenklee2268 Retirement, 401k, these are people who are lining up their families after they pass with more wealth. There's where wealth is found. It may be unfair, but its the benefits of education and a decent career.
@Foof0811
@Foof0811 26 күн бұрын
Ya I got pretty lucky here in Canada, I got a 3-yr college diploma then upgraded to a bachelor's degree with all in (including textbooks) being around 35k or so
@drwayne_carter9115
@drwayne_carter9115 17 күн бұрын
I saw a home in my childhood neighborhood go up for sale for $850k (its not a weatlhy neighborhood and i do not come from a wealthy family), and the history showed she bought the house for 50k in '93. I got curious and looked up the average salary in '93 for my city and it was 14.5k. That house was 3.5x more than the average salary. Now the average salary is 70k and the average home value is 374k, which is now 5.5x more than the average salary.
@weezer91101
@weezer91101 Ай бұрын
I remember in my 20s joking with my then girlfriend now wife (now in our 30s) that I shouldn’t do the grocery shopping because I just grab everything I want that I see and don’t stick to the list. These days I can barely afford the actual list. There’s not even a choice.
@user-hx5oe9iz1h
@user-hx5oe9iz1h 24 күн бұрын
Same 💀
@ShyGuyGunner
@ShyGuyGunner 23 күн бұрын
I remember 200 bucks got my house (with 3 dogs) food, snacks, drinks, with a little left over to go out and eat with. Now I am in the store wondering if 500 is enough to get me my essentials to last till next pay day.
@nashambenyisrael7689
@nashambenyisrael7689 22 күн бұрын
lol I went to the grocery store just to pick up some snacks I bought 3 bag of chips with some dip...$20 gone... lol I'm like wtf I only bought 4 items and my money is gone...
@user-hx5oe9iz1h
@user-hx5oe9iz1h 21 күн бұрын
@@nashambenyisrael7689 🫵💀 Same
@jasonkeely7269
@jasonkeely7269 Ай бұрын
Cost of living is complete out of control. With my salary, military retirement/disability i make almost 200k and I'm below the median income to buy a house in San Diego. A 3 bedroom house here with holes in the roof and crackheads next door and its selling for 800k
@SLEAZEBAGJONES
@SLEAZEBAGJONES Ай бұрын
Problem solved: Leave California (don’t go to Texas though we’re full)
@jasonkeely7269
@jasonkeely7269 Ай бұрын
@SLEAZEBAGJONES unfortunately they closed the Navy base and the big shipyards in Ingelside. I run a shipyard in SD since I retired from the military otherwise I'd be right the fuck out of here
@EeveeRealSenpai
@EeveeRealSenpai Ай бұрын
California is fucked, people who aren't rich that live there are just in a death trap.
@trashl0rd
@trashl0rd Ай бұрын
The problem is not isolated to Cali. Even low cost of living areas are no longer "low cost," or are only low in a relative sense, relative to high income areas where you'd EXPECT things to be expensive. I live in a bumfuck city in the south and my rent has gone up $300 over just a couple years (tiny one bedroom, btw), along with the increase to everything else. It's insane.
@MichZilla90
@MichZilla90 Ай бұрын
@@SLEAZEBAGJONES Florida is too
@Kummiwummis
@Kummiwummis 9 күн бұрын
I used to be a 4.0 student, I was shooting for the stars, wanting to get into Ivy League. When I realized how fucked it all was bro, I felt wasted.
@joemaccarone2109
@joemaccarone2109 13 күн бұрын
This county became obsessed with people having to be individually great but we’ve lost all perspective on simply being good to one another.
@laillahilaallah001
@laillahilaallah001 Ай бұрын
The average American today (and any Euro for that matter) is orders of magnitude more poorer then previous generations. Think about it, the entire muscle car boom of the 1960's was driven by the youth market. Auto Executives realized that 16-17 year old's buying new cars wanted to have fast cars with lots of power. Most muscle cars were bought by people under 25. Anything older then that thought they were gimmicky and impractical. America was SO prosperous in the 1960's that a 16 or 17 year old could work for a minimum wage 40 hours a week for a 3 months during the summer and have enough money to buy a brand new muscle car like a Camaro, Charger, Mustang or GTO. That was the life boomers lived. A few months of waging was enough to buy a brand new car that was very cool and fast. the entire auto industry had to change factories and production and logistics because of the immense buying power of literal fucking teenagers. Can you imagine that today? Can you image if people under 24 made so much money and spent so much money that massive fucking industries like the automotive industry would change their entire strategies, multimillion dollar CEOs would attending business meetings of the highest degrees to formulate a new plan going forward because of this new founded market demand? its unfathomable . Most young people today can barely afford a used car, let alone something brand new.
@user-do1hk7mg5y
@user-do1hk7mg5y Ай бұрын
Today people can work 40h per week and not afford the fucking maintenance of such a car
@jesseparrish1993
@jesseparrish1993 Ай бұрын
Our standard of living is way higher than it was for boomers by every conceivable metric. Adjusted for inflation, a muscle car sold then would cost around $23,000. Cheaper than today? Sure, but also built to lower standards, less safe, and less reliable. But yeah, some quick math: if you make $15/hr, that would be 40 weeks of full time work to buy this car in today's money. In 1965, minimum was $1.25 and a hardtop cost $2427, so that turns out to be more like 50 weeks. Granted buying a mustang today is a lot more expensive, but that's because a mustang is now a luxury item, not just a huge motor slapped onto 2 tons of steel. Buy a new Versa for $17k.
@laillahilaallah001
@laillahilaallah001 Ай бұрын
Your right. The standard is way higher. But the cost of living is way higher too. Boomers just lived in another dimension
@degla232
@degla232 Ай бұрын
@@jesseparrish1993 Plus the population nearly doubled from 1960 till now
@jesseparrish1993
@jesseparrish1993 Ай бұрын
@@laillahilaallah001 The average home size has grown from 900 sq ft to 2500 sq ft. I rented one of those cheap boomer houses once, so I can tell you, it's not just a difference in square footage. Recent inflation is genuinely making things a lot harder, but prior to that, we've lived in a land of milk and honey. Now if you're trying to get your start, it hurts. I budget groceries carefully and stick mostly to Aldi's, and it's hard to see how I could spend less than $100/week on it, much less rent said house on top of it, and actually be able to save and get ahead. So there's going to need to be a cultural shift and some belt-tightening. I don't plan to boot my kids out to rent at 18: they can stay at home while saving up a down payment with our help.
@Shannara360
@Shannara360 Ай бұрын
When I got out of highschool my local community college was 1-2k a semester. Now it's 2-3k per class.
@stevewhite5045
@stevewhite5045 28 күн бұрын
While I like a whole lot of what he says, this guy is like a doctor who is great at diagnosing and awful at treatment. Effective solutions historically have not come from throwing resources at a problem. Pumping more money into a system riddled with inflation is like gas on a fire. People don't need more money chasing the same amount of goods; they need more goods (actual wealth) to compete for their dollar so that the money they have is actually worth something. There needs to be a change in the Western mindset from top to bottom, and the place to begin is instilling these correct principles from within strong families. Then the resources we spend will avoid the proverbial toilet. Also, when you increase the capital gains tax, you punish investment as a whole and get liquidity problems. People only pay when realizing gains, so they'll be more reluctant to liquidate. This will push investment farther into the wealthy privileged territory, who will be more likely to hoard their stocks until the opportune moment. But like I said, he definitely sees the problem, but falls into the Keynesian demand-side economics trap plaguing upper academia as of late.
@kkiimm009
@kkiimm009 25 күн бұрын
If you look at those people age distribution graphs you can see that we are now experiences what is probably the first instance of the tampoon shape grap in history instead of the more traditional christmas tree shaped graph. So it is not exactly surprising that so much wealth is controlled by the old people.
@ironboundfate
@ironboundfate Ай бұрын
Crazy how home prices are going up insanely sharp and the people making them are cutting corners in the most dangerous ways.
@Totsy30
@Totsy30 Ай бұрын
Yeah I've worked in contracting. Landlords (scumlords more accurately) just buy houses and do the BARE minimum to make them sellable, then overprice them and people are forced to pay that price since it's still the cheapest around.
@N7sensei
@N7sensei Ай бұрын
Home prices are artificially inflated by mayors, governments, politicians, homeowners, and groups such as private pension groups and such.
@glasszeraki9195
@glasszeraki9195 Ай бұрын
Made out of cleverly stacked sticks and walls made out of press board. Race to the bottom.
@vicious3526
@vicious3526 Ай бұрын
Studies have shown that the biggest reasons people are happy are: 1. Family relations 2. friend relations 3. Physical health 4. community relations. In that order. So families are smaller, people have less friends, people are less healthy and people don't get involved in community. That's why people are unhappy.
@lutherloser5122
@lutherloser5122 Ай бұрын
Very true i thought the world was a dark dark place… until I went outside then it was just a dark place
@N7sensei
@N7sensei Ай бұрын
Correct. I am in my mid 30s. When I was a kid I had a lot of kids nearby to play with. I had 7 cousins, with 3 of them we spent around a 100 days together every year. Most of my high school friends moved far away, almost none of them have kids, and most of them never will. My sister has 1 child, my brother 0. None of my 7 cousins have or will ever have kids. I have 1. My wife doesn't want more, can't convince her in any way - she is lazy, entitled and hedonistic. My kid will not really have any friends as there are no kids in the neighborhood. He only has 1 cousin. His grandparents are really old, and will be gone before he comes of age. Technology, power, and wealth and the pill made wmn lazy, hedonistic trash piles who do not want to have kids. They are ending civilization.
@thelordlyone1977
@thelordlyone1977 Ай бұрын
​@@lutherloser5122You are a dark place
@EeveeRealSenpai
@EeveeRealSenpai Ай бұрын
not enough Fortnite sadge /s
@cardboardtaco4503
@cardboardtaco4503 Ай бұрын
@@N7sensei I agree but how long have you felt this way about your wife? Or in other words, when did you come to the realization she was this way?
@Zeppathy
@Zeppathy 13 күн бұрын
The only home I'll be able to afford in my lifetime is a hammock and a pair of tarps in the woods. And my retirement plan is a 9 to the brain.
@youtubecomments2740
@youtubecomments2740 29 күн бұрын
14:24 Homer works as a Nuclear Safety Inspector. Granted, Burns underpays him because Burns.
@berniepina860
@berniepina860 Ай бұрын
Guess we'll all just work 60 hour weeks until we drop dead of exhaustion. And still have nothing to show for it.
@juankeyblademaster
@juankeyblademaster Ай бұрын
I'm already doing 80 hours for the past 5 years to afford rent and pay my student loans back.
@37Kilo2
@37Kilo2 Ай бұрын
That's what they want. They want to make money on the backs of the lower classes. It's legal slavery.
@riel0563
@riel0563 Ай бұрын
Wow you're so ungrateful. That plastic trophy and plaque you may or may not have gotten and the pizza party mean nothing to you?
@riel0563
@riel0563 Ай бұрын
​@@juankeyblademasterI hope those 80 hours are in a field you need your degree for. But it's somewhat unlikely.
@mangomariel
@mangomariel Ай бұрын
@@juankeyblademaster wtf? in my country it is illegal to work more than 40/week
@exginto8053
@exginto8053 Ай бұрын
Dude: "I have 720 second and 44 slides" Asmon: "46:38"
@moowilliams731
@moowilliams731 Ай бұрын
ya.. this one was hard to go through, when i started to want to listen to the guy, not that i dislike asmon, but this is too good not to listen to, so amma listen to the original first, then asmons
@nikkfrostt
@nikkfrostt Ай бұрын
Yeah he's normally not so bad but half way through, had to skip about 5 minutes of asmon randomly talking after the guy speaks for 15 seconds. Some input is nice, but quickly became a random asmon rant video with brief youtube shorts.
@prime6965
@prime6965 Ай бұрын
@@moowilliams731 Then just watch the original vid haha
@bobaworry6500
@bobaworry6500 Ай бұрын
Then just watch it yourself duh? It's free on a youtube​@@moowilliams731
@Immortan_JoJo
@Immortan_JoJo Ай бұрын
​@@moowilliams731You can go watch the original video and come back here.
@dragonfalcon8474
@dragonfalcon8474 17 күн бұрын
I disagree that money should be taken away from defense and the military. However, I do believe that the money they get SHOULD NOT BE WASTED. There is no accountability in defense and that is equally true of military officers and civilian counterparts.
@ohsnap6506
@ohsnap6506 14 күн бұрын
Remeber klaus's words You WIll Own Nothing And Be Happy
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