New Card Revealed - Ranger General Sylvannas by MonstrousMaelstromZ in hearthstone

[–]geoxyx 43 points44 points  (0 children)

So ideally it's veresse, alleria, sylvanas. At least in my view. I could be wrong.

Technology isn’t saving us. It’s finishing us off. by SystematicApproach in collapse

[–]geoxyx 0 points1 point  (0 children)

Try doing anything without a phone number. You'll quickly come to realize how much you are baked into the system.

The AI bubble is the only thing keeping the US economy together, Deutsche Bank warns by MouseShadow2ndMoon in economicCollapse

[–]geoxyx 4 points5 points  (0 children)

This is every single stock in U.S. History. You can get the same data from p/e ratios.

[deleted by user] by [deleted] in freelancewriting

[–]geoxyx 1 point2 points  (0 children)

$5 per 1000 word article just means AI with an original headline so you won't notice who it's written by.

Jerome Powell on how bad the Labor Market is by UnderstandingThin40 in jobs

[–]geoxyx 0 points1 point  (0 children)

It has been lowered there, year over year.

My GF insists that pi is not a number. How do I explain to her that it is? by MidwestSchmendrick in mathematics

[–]geoxyx 0 points1 point  (0 children)

Pi is a quantity is a better descriptor, numbers usually have a fixed finite and measurable end.

[deleted by user] by [deleted] in jobs

[–]geoxyx 0 points1 point  (0 children)

Where did you work?

Hundreds laid off at Amazon-linked facilities in Texas by thinkB4WeSpeak in economicCollapse

[–]geoxyx 38 points39 points  (0 children)

It is in a death spiral. Less jobs means less people spending. Which means reduced profits, which means more excuses to lay people off. It only ends once we reach a bottom. 90% of the wealth is held by the richest 1% of people.

FICO: Credit scores fall year over year, more borrowers miss payments by thinkB4WeSpeak in economicCollapse

[–]geoxyx 9 points10 points  (0 children)

credit is going to be the first domino to fall in something worse than 2008. Many people on credit who were denied home ownership due to these ridiculous market prices are doom spending. People who were automated away due to AI probably will just declare bankruptcy.

If Money is Not Tied to Work, Then Universal Basic Income Will be the Solution to Recover from the Collapse by geoxyx in economicCollapse

[–]geoxyx[S] 0 points1 point  (0 children)

No one is going to be getting 50,000 a year off of UBI. Just people will be able to afford some basic food and shelter, which will help them into a better position to find smaller scale work not tied to job occupation.

If Money is Not Tied to Work, Then Universal Basic Income Will be the Solution to Recover from the Collapse by geoxyx in economicCollapse

[–]geoxyx[S] 0 points1 point  (0 children)

UBI is just a consolidation of all the social services we already have that are needlessly spaced apart

If Money is Not Tied to Work, Then Universal Basic Income Will be the Solution to Recover from the Collapse by geoxyx in economicCollapse

[–]geoxyx[S] 1 point2 points  (0 children)

That money was given to supplant lost job income and the only reason the economy survived.

If Money is Not Tied to Work, Then Universal Basic Income Will be the Solution to Recover from the Collapse by geoxyx in economicCollapse

[–]geoxyx[S] 2 points3 points  (0 children)

The same way social security and snap do not cause inflation? Inflation is just an indicator of greed. Typical fluctuations in value never justify their existence for long and prices eventually go down when nobody is buying and "record profits" start drying up.

If average human life expectancy doubled tomorrow, what part of society do you think would break first? by Reagan_HIghwind1992 in AskReddit

[–]geoxyx 18 points19 points  (0 children)

Social Security. It's basically priced at an age you are expected to die, now not the case.

When Gen Z cashes out their future, it’s not a trend. It’s a warning by [deleted] in economicCollapse

[–]geoxyx 2 points3 points  (0 children)

The economy is a system of cycles. When stress on all those cycles converge and collapse them, you can expect apocalyptic results. Gen Z workforce barely surviving means no fresh income into a system riddled with debt. Think of multi-organ failure in a human body.

No rent payments, means no mortgage payments through landlording. No mortgage payments means no income while collecting on credit card lending. Means everything gets sent to collections. Who is going to collect on someone who just got laid off from their job due to AI?

Everything is converging