Economic Predictions for this decade - More bad news

History is just the same stories with different costumes. Rome and many others have done this same, just not as bad. It’ll all happen again in time. Governments only get bigger until they collapse or get conquered
It’s over. Brace for impact
 
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Damn son
sounds like we are heading into the Weimar Republic pretty much
 
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Damn son
sounds like we are heading into the Weimar Republic pretty much
In some ways yes, but in this scenario there won’t be an alliance of nations oppressing and robbing us that would become an enemy
 
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It’s over. Brace for impact
A collapse might be for the best. The path that the US has taken the western world down is pretty bad. We're only just now seeing some of the consequences (inceldom, mass debt, rising suicides and mental illness, massive drops in testosterone, etc.). It's not sustainable long term, but at the moment enough people are blind that it would take total economic collapse to force their eyes open.
 
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A collapse might be for the best. The path that the US has taken the western world down is pretty bad. We're only just now seeing some of the consequences (inceldom, mass debt, rising suicides and mental illness, massive drops in testosterone, etc.). It's not sustainable long term, but at the moment enough people are blind that it would take total economic collapse to force their eyes open.
People will learn the hard way. I’m just tryna fuck 10 JBs before that happens
 
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Yes bwana
 
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A collapse might be for the best. The path that the US has taken the western world down is pretty bad. We're only just now seeing some of the consequences (inceldom, mass debt, rising suicides and mental illness, massive drops in testosterone, etc.). It's not sustainable long term, but at the moment enough people are blind that it would take total economic collapse to force their eyes open.
Very true man. The original title was bad news or not instead of more bad news. If you can get through it you’ve probably set yourself up for a much better life than you currently live
 
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I skimmed. Not because i didnt want to read but because im familiar with most of it. Good thread.
 
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I skimmed. Not because i didnt want to read but because im familiar with most of it. Good thread.
Cool man, where are you from and how do you plan to get through it?
 
Can’t get strapped in my country. Everybody is going to go to the rural areas and they’ll get crowded. It’s over for me

you can get strapped in any country brother, even a pseudosocialist coffee shop like Australia. Just gotta know the right people and not be an idiot about it.
 
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you can get strapped in any country brother, even a pseudosocialist coffee shop like Australia. Just gotta know the right people and not be an idiot about it.
I know some niggas who know some guys with straps. If push comes to shove I’ll buy a strap. Can’t tell no body about it though
 
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Cool man, where are you from and how do you plan to get through it?

I'm from Australia, but I'm living in Vietnam now and trying to take advantage of the growth and massive demand for the english teaching industry (i want to open a language center in some of the underserviced cities that toffee nosed foreigners refuse to go to). Ive got a bit of money invested into a crypto project I think is going to be the only worthwhile one besides Bitcoin. I'd like to get into precious metals, but only once my living situation is more stable, because i sure as fuck dont trust any business to mind them for me.
 
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I'm from Australia, but I'm living in Vietnam now and trying to take advantage of the growth and massive demand for the english teaching industry (i want to open a language center in some of the underserviced cities that toffee nosed foreigners refuse to go to). Ive got a bit of money invested into a crypto project I think is going to be the only worthwhile one besides Bitcoin. I'd like to get into precious metals, but only once my living situation is more stable, because i sure as fuck dont trust any business to mind them for me.
You’re a good man and a gigamogger OG poster
 
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I'm from Australia, but I'm living in Vietnam now and trying to take advantage of the growth and massive demand for the english teaching industry (i want to open a language center in some of the underserviced cities that toffee nosed foreigners refuse to go to). Ive got a bit of money invested into a crypto project I think is going to be the only worthwhile one besides Bitcoin. I'd like to get into precious metals, but only once my living situation is more stable, because i sure as fuck dont trust any business to mind them for me.
Good stuff man. I took an esl teaching course but stopped with a week left bc I didn’t feel like going through with it. How do you like it?
 
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brutal and high IQ, read every word

i have already downloaded TOR an have been looking for some kind of underground forum/chan to hang out at, i have been fucking around all of the 2010s but I know in the 2020s shit is going to get real
 
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Good stuff man. I took an esl teaching course but stopped with a week left bc I didn’t feel like going through with it. How do you like it?

I hated teaching kids, so thats why Ive gone into the management side of things. Plenty of foreigners, especially women, want to come here and be dancing clowns and monkeys for the kids for $18/hr apparently, so I'm more than happy to oblige them.
 
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I hated teaching kids, so thats why Ive gone into the management side of things. Plenty of foreigners, especially women, want to come here and be dancing clowns and monkeys for the kids for $18/hr apparently, so I'm more than happy to oblige them.
How’s jbw treating you? Assuming you’re white
 
My dad already has land. I’ll be fully looksmaxxed by the time a collapse happens, I’ll bring a white JB
This is the exact same thing I have, my grandfather is a Nigerian tribal chief. So if things go to shit in the west, I'll just dip and become a powerful self sufficient African in nigeria.
 
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This is the exact same thing I have, my grandfather is a Nigerian tribal chief. So if things go to shit in the west, I'll just dip and become a powerful self sufficient African in nigeria.
You’re a beast
 
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The worlds going to go down in flames, tbh. We need to acquire as much wealth, power and influence as we can, so we can have a hand in remaking the world into something fairer and greater.

Edit: Fuck the Chinese @Blackout.xl why do you like them, I don't want Chinese mingling with Africans, they are small and weak.
 
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The worlds going to go down in flames, tbh. We need to acquire as much wealth, power and influence as we can, so we can have a hand in remaking the world into something fairer and greater.

Edit: Fuck the Chinese @Blackout.xl why do you like them, I don't want Chinese mingling with Africans, they are small and weak.
I don’t like the Chinese. I don’t like what they’re doing in Africa. What they’re going to do is akin to demographic replacement
 
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The worlds going to go down in flames, tbh. We need to acquire as much wealth, power and influence as we can, so we can have a hand in remaking the world into something fairer and greater.

Edit: Fuck the Chinese @Blackout.xl why do you like them, I don't want Chinese mingling with Africans, they are small and weak.
Your hearts in the right place but don’t obsess over saving the world. Just make your own little part of it something your proud to raise your kids in, follow Christ, and teach your kids to do the same
 
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Your hearts in the right place but don’t obsess over saving the world. Just make your own little part of it something your proud to raise your kids in, follow Christ, and teach your kids to do the same
I'm ngl, I thought religion was cope, but the more we stray from the idea of a God the worse humanity go downs.
 
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I'm ngl, I thought religion was cope, but the more we stray from the idea of a God the worse humanity go downs.
I like you more now bruda, hope you find Jesus
 
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I don’t like the Chinese. I don’t like what they’re doing in Africa. What they’re going to do is akin to demographic replacement
The Chinese are as bad as the US, tbh. I hope they go down in flames like the rest of the colonisers. This era may be, might be, the ascension of Africa. I might be coping, but I don't care, they are sticking to the idea of the God so they maybe able to stop degenaracy.
 
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Damn this shit long as hell


Niggas gotta pay me to read it
 
jfl i’m prolly gonna be just graduating when this recession hits jfl
 
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I'm not expert in economy but I know my family is fucked.

My dad is in his 50s, obese and not in good health. He can build and repair lot of things but can not work for many hours.
Mom only worked when she was young and lived a stay-at-home wife life since.
Basically the state is keeping us alive thanks to welfare money and healthcare.

If a collapse happens, me and one borderline incel brother would die because of no skills, no real social connections and high inhibition.
While 2 other brothers would survive, they are low inhib, high t and have lot of friends.
 
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I'm not expert in economy but I know my family is fucked.

My dad is in his 50s, obese and not in good health. He can build and repair lot of things but can not work for many hours.
Mom only worked when she was young and lived a stay-at-home wife life since.
Basically the state is keeping us alive thanks to welfare money and healthcare.

If a collapse happens, me and one borderline incel brother would die because of no skills, no real social connections and high inhibition.
While 2 other brothers would survive, they are low inhib, high t and have lot of friends.
Get your dad in shape then ded srs. If that means coordinating much healthier meals with your mom then so be it, it’s for the best. How densely populated is your area?
 
Get your dad in shape then ded srs. If that means coordinating much healthier meals with your mom then so be it, it’s for the best. How densely populated is your area?
890/sq mi
 
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Gl brotan, I was business too
I always regret not double majoring in business. Could have helped so much especially with making the most out of the economy going to shit.
 
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Only airgun that shoot pellets jfl
Oof not ideal but guns are cheap. .22 is considered the best for long term survival because ammo is so small and it’s good for hunting small game. Then a shotty for defense. The good thing about hyperinflation bs an outright crash is that it’ll happen gradually. It won’t be like one day everything implodes on itself. So work on getting some money, getting a bit of land, some animals to feed you. Doesn’t take much really

now gimme my likes
 
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I just want the Us to collapse. The countries they’ve destroyed are monuments to their sins. They act as if they’re unstoppable. When it all comes crashing down it’ll serve as a lesson to any future empire
Over for my Middle-Aged Parents in
Miami, FL.
 
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Alright so a couple of users requested that I make a thread on my economic predictions for the next few years because I mentioned that I expect the economy to crash worse than it has in centuries quite soon. This will be bad news for many people, particularly those living in heavily populated areas, relying on unproductive/unnecessary jobs, and disconnected from their source of food. However, this may be good for you if you educate yourself and learn how to weather the storm. This will be a long read so if you're a lazy cunt drop a dnr idgaf. If you stick around you will have a better grasp on economics than most graduates with economics degress. Enjoy.
Alright so a couple of users requested that I make a thread on my economic predictions for the next few years because I mentioned that I expect the economy to crash worse than it has in centuries quite soon. This will be bad news for many people, particularly those living in heavily populated areas, relying on unproductive/unnecessary jobs, and disconnected from their source of food. However, this may be good for you if you educate yourself and learn how to weather the storm. This will be a long read so if you're a lazy cunt drop a dnr idgaf. If you stick around you will have a better grasp on economics than most graduates with economics degress. Enjoy.

Part 1: Definitions

There are a lot of young guys on here so my expectation is that most of this forum knows fuck all about economics. So I'll start with some vocab so you know what I'm talking about.

-Inflation: "A general increase in prices, or decrease in the purchasing power of money." Basically money becomes less valuable. This is why boomers are out of touch with young generations. It's because since 1913, the value of the dollar has lost over 96% of its value. When your dad/uncle/grandpa tells you about how at your age he was out working everyday for $3/hr to buy a house at 21 with no degree, it's because $3 in 1960 is worth more than $25 now. (this is also why minimum wage laws are stupid but I can explain that later)

-Interest: "money paid regularly at a particular rate for the use of money lent, or for delaying the repayment of a debt." When you take out a loan and accrue debt, there is a set interest rate on that money you borrowed. Interest is the money you have to pay in exchange for what you borrowed. This is why there are 30+ year olds who took out 100k in student loans, have paid more than 100k in interest, and still owe 100k+. In the Bible it is known as Usury, and is a sin. Jews are historically associated with banking, largely because they did not feel compelled to follow that rule.

-Interest Rates: "the proportion of a loan that is charged as interest to the borrower." These rates vary depending on the type of loan and the company lending, but all are based on the rate set by the Federal Reserve, which I will explain later. In the past, you would deposit much more money in savings accounts, because you would be paid interest by the bank in exchange for lending them your money, which they would invest to try and turn a profit. Normal interest rates are imperative to a healthy economy, because they incentive saving and investment, instead of spending and debt. Some rates are fixed, some are variable. If you have seen The Big Short, you may recall that autistic Christian Bale predicted that when variable rate mortgages increased from their initial rates to 7%, a large enough portion of homeowners wouldn't be able to pay that the banks would run out of money, crashing the housing bubble.

-Note: A note is an instrument of debt. In accounting, notes payable is money your company owes, and notes receivable is money owed to your company.

-Liabilities: Financial obligation, debt. The US government owes over 23 trillion dollars, and that number is climbing exponentially.

-Unfunded Liabilities: Future financial obligation, money promised but not yet owed. The US government has well over 200 TRILLION DOLLARS in unfunded liabilities. This is the money that retirees have been promised in the form of social security, pensions, etc. If you've ever heard someone say that social security is a ponzi scheme, this is why. None of us will ever receive a penny in this form, but uninformed gen z, millennial, and gen x voters still vote for the guy who promises more free money from the government.

Part 2: The Federal Reserve

The Federal Reserve of the United States was founded in 1913, and although there are many conspiracies surrounding its creation and function, I will just stick to publicly accepted knowledge. The Federal Reserve was founded by leaders of the big banks of the time, the most notable of these being John Pierpont Morgan, of JP Morgan Chase Bank. They were looking for a way to gain more power and control over the economy by collaborating with the government, so that they could ensure their own profit.

Having gone through government schools, you probably think that the Federal Reserve is an essential part of keeping our economy afloat, with no ulterior motives of its own. You think it's a branch of the US government that works to keep our economy afloat by controlling interest rates and the supply of money in circulation. This is not true. Despite its name, the Fed is neither a reserve nor is it federal. It is it's own corporate entity that runs the economy of the US, and therefore, the world. They change the interest rates in accordance to the economy, but they also have the power to print money out of thin air. Look at this dollar bill.
View attachment 226224
You may notice that at the top of the dollar bill it says "Federal Reserve Note." If you recall the definition above, you know that a note is an instrument of debt. So why is every dollar bill an instrument of debt towards the Federal Reserve? It is because the primary role of the Fed is to print money out of thin air, and then lend it to the U.S. Government. That's right.

You may have heard that we are in debt to China, and that they are going to destroy us. However, a simple google search of where we owe our money shows:
Here are the top 10 countries that the US owes the most money to:
  • Japan ($1.11 trillion)
  • China ($1.05 trillion)
  • All Other Countries ($416.0 billion)
We owe less than 2.5 trillion to other countries around the world, and guess what. They're all in debt to. The large majority of America's 23 Trillion dollars of debt is money owed to the Fed, which printed it out of thin air, or in more cases, typed into existence on a computer. The Federal Reserve is not a benign branch of the US Government. It is a nefarious corporation that owns the entire country just because some clever bankers tricked the government to selling itself over a century ago.

Part 3: The Last 20 Years Explained

View attachment 226242

After the 2001 Dotcom bubble burst, the economy was destroyed due to massive speculation in worthless tech companies. When the bubble burst, nearly all tech startups went under, causing all of the money invested through the stock market to disappear. In an attempt to encourage recovery, the Federal reserve cut interest rates all the way down to 1%. This encouraged massive borrowing, leading to a boom in real estate speculation. Massive real estate development took place, funded by debt taken out on low interest rates.

Then banks started speculating on derivatives. A derivative is a contract between two parties which derives its value/price from an underlying asset. The most common types of derivatives are futures, options, forwards and swaps. Description: It is a financial instrument which derives its value/price from the underlying assets. Basically, banks were betting with each other on the increase in value of real estate. In the Big Short, the protagonists do the opposite and get laughed at, only for the banks to realize their mistakes when it is too late to get rid of their bets. As interest rates rose, so did the interest on all of these mortgages, which homeowners soon could not afford.

As mortgages went unpaid, homes lost their value, and the derivative market crashed with them. Banks failed, companies went broke, and families went hungry. The economy was in a free fall. So what did the Fed do? They cut interest rates all the way to 0%, opting to give away debt for free instead of letting the big banks fail, taking the entire economy with them. But even this wasn't enough, so what did they do? They invented quantitative easing. Sounds complicated but it's not. Here's the definition on wikipedia: "Quantitative easing, also known as large-scale asset purchases, is a monetary policy whereby a central bank buys predetermined amounts of government bonds or other financial assets in order to inject liquidity directly into the economy." In layman's terms that means the Fed printed trillions of dollars out of nothing, and gave it to the banks in the form of bailouts. Free money to erase their fuck ups, so that they can keep on having their financial party on the backs of US citizens.

In a normal recovery, the Fed would gradually increase its rates back to normal, after a brief period of low rates serving as a debt injection to resurrect the market. But this wasn't a normal crash, so that's not what happened. The federal funds rate remained at 0% for 7 entire years. The economy was so broken that in spite of the cheapest debt in history, we experienced the weakest recovery in history. In this time, massive amounts of personal, corporate, and government debt was accrued.

After years of this policy, the Federal Reserve has made an attempt to normalize rates, but could hardly break 2% without putting significant stress on the economy. Since then, rates have been decreased again, and quantitative easing has resumed. But why are they taking recovery policies if the economy hasn't crashed, and we are still in recovery?


Part 4: The Near Future

The truth is, our economy never recovered from the 2008 Recession. For a recovery to occur, the banks would've had to crash, making the recession much worse for everyone in the states and abroad. But at least there would've been a real recovery. Since being bailed out, banks have grown even larger, the derivative market has crossed over a quadrillion dollars in nonexistent value, the government has more than doubled its debt, corporations are in more debt than before, and the large majority of people have lost much of their purchasing power. Meanwhile, during the same period my banker Dad more than doubled his income to something like 500-600k/yr including his bonus. This can't go on for much longer.

View attachment 226269
(Pls don't roast my subhuman handwriting)

We are stuck in this cycle. The Fed cut rates after the 2001 crash, leading to more borrowing. Then there was too much debt to pay for so after the crash, they needed to drop rates even lower, and for much longer. In the last few years the tried to raise rates again, but they've realized that they can't do it without the economy crashing even worse than 2008. Such a crash would be disastrous, but it is actually the best possible outcome for us.

Path 1: Collapse. The banks all go under, heavily leveraged corporations(leverage=debt) also go down, and cities go to ruin. This will be far worse than the great depression if the Federal Reserve steps back and lets the market naturally adjust itself by getting rid of the debt and building back up again without it. Reminder, this is the better option. But reality check: it's not about what's best for the people, it's about what nets the banks more money.

Path 2: Hyperinflation...


Part 5: Hyperinflation

"In economics, hyperinflation is very high and typically accelerating inflation. It quickly erodes the real value of the local currency, as the prices of all goods increase. This causes people to minimize their holdings in that currency as they usually switch to more stable foreign currencies, often the US Dollar."

All our lives we've been raised to believe that the US is the untouchable world leader. The land of the free and the home of the brave. We've also been raised by Hollywood to think that every opposing country is fed tons of propaganda until they worship their government in spite of corruption, malevolence, and greed. But not us right? Come on.

The truth is that we're just the same as any other country, just more powerful at this point in time. Why? Because after WW2 the majority of the developed world was destroyed and had to rely on the US for production. We were a nation of production and export, and became very wealthy because of it. Since then we've become the opposite, a nation of imports and consumption. We hemorrhage away our money every year by fighting useless wars, buying foreign-made products, and working unproductive desk jobs for a company that wouldn't survive without its debt.

The banks are milking us for every bit of profit they can, and as the peoples' financial fears grow, so do the promises made by our government. Whether it be free health care, free college, free housing, free food, free whatever, people want it and the government can't afford it. But that's what gets votes. In the next decade, the boomers will retire. They will stop paying income taxes, and start receiving massive government benefits. Corporations and citizens will become reliant on more and more debt to keep themselves afloat in an economy becoming less and less productive.

They will beg the government for more money, electing more and more socialist leaders. Government spending will grow at an even faster rate, and the money will all be printed by the Federal Reserve. Interest Rates will hit rock bottom permanently, because neither the market nor the government can afford interest payments. The Fed just keeps on printing an profiting, for no work, until there are so many dollars circulating around a weak economy that the dollar is essentially worthless. At this point, the dollar will lose its standing is the leading currency for trade, and the American Empire will fall.

The same story repeats over and over throughout history, so its no wonder the Bible declared usury illegal. In fact, nearly the same timeline is what brought Rome to economic ruin, allowing them to be easily conquered. The United States will likely not make it more than a few decades before it has been dethroned from its seat as ruler over geopolitics and the world economy, and will eventually be yet another memory in the history books. A memory of a country that grew from nothing to the greatest power the world has ever seen, only to be eaten alive by debt and greed.

"Give a man a gun and he can rob a Bank. Give a man a Bank and he can rob the world."


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"The Roaring 20's JFL" Epic Post, thorough understanding of economics.
 
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And here I thought I had a whole life in front of me. JFL.
 
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its over i guess, gonna try to know how will i get a gun and cabermaxx asap
 
How’s jbw treating you? Assuming you’re white

Well im a married oldfag with a kid on the way, so I don't get much mileage out of it, primarily because I'm not willing to cheat on my wife. Not because I'm morally great or anything; just because I don't want the added complexity and potential problems a side bitch(es) causes. Overall, I would say, with some authority I reckon, that JBW is grossly overrated, as most internet fantasies are. I get told I'm handsome on a near daily basis either directly or indirectly (women speaking to my wife, or I overhear them talking to their coworkers/friends and they dont realize I know enough of the language to know the gist of what they're saying) but if you believe the internet, i should've been pulled into a toilet stall and had my cock sucked by an asian woman who was so horny for white cock her panties were irreparably soaked, and well, thats never happened. Asia is certainly easier for white men, but its mostly just easier within your looks range. When I first came to asia, I tried to hit on a legit rice stacy for example, and got brutally rejected. So I went back to dating within my looks range (6-7) and it was all smooth sailing again. Theres something to be said about accepting your lot.
 
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Well im a married oldfag with a kid on the way, so I don't get much mileage out of it, primarily because I'm not willing to cheat on my wife. Not because I'm morally great or anything; just because I don't want the added complexity and potential problems a side bitch(es) causes. Overall, I would say, with some authority I reckon, that JBW is grossly overrated, as most internet fantasies are. I get told I'm handsome on a near daily basis either directly or indirectly (women speaking to my wife, or I overhear them talking to their coworkers/friends and they dont realize I know enough of the language to know the gist of what they're saying) but if you believe the internet, i should've been pulled into a toilet stall and had my cock sucked by an asian woman who was so horny for white cock her panties were irreparably soaked, and well, thats never happened. Asia is certainly easier for white men, but its mostly just easier within your looks range. When I first came to asia, I tried to hit on a legit rice stacy for example, and got brutally rejected. So I went back to dating within my looks range (6-7) and it was all smooth sailing again. Theres something to be said about accepting your lot.
Yeah of course it gets wildly exaggerated
 
Over for my Middle-Aged Parents
1973
 
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jfl if you think my family and myself will be impacted financially, our portfolio is legit recession proof. In fact, we would actually do almost better in a recession than in a good economic period ded srs

Of course you would you fucking jew. Jfl at the forum jews confirming the stereotypes jfl.
 
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1578117929408
 
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Of course you would you fucking jew. Jfl at the forum jews confirming the stereotypes jfl.
Low IQ detected. Anyone, even non Jews (goyims) could have done what my family did. It’s hardly a Jewish thing you shit thread making subhuman.
See this is why no one takes your threads seriously, you are really retarded.
 
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Low IQ detected. Anyone, even non Jews (goyims) could have done what my family did. It’s hardly a Jewish thing you shit thread making subhuman.
See this is why no one takes your threads seriously, you are really retarded.

You are literally bragging about how your family makes more money during times of misery. And earlier you wrote some "it's over for goyims lol" style reply. When you do this you are sort of bringing anti-semite replies unto yourself.
 
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