The Banana Republic and ERE

Intended for constructive conversations. Exhibits of polarizing tribalism will be deleted.
thegreatvoid

Re: The Banana Republic and ERE

Post by thegreatvoid » Mon Nov 26, 2018 4:59 pm

greater fool theory . constant flow of new people to exploit. In the old days you could rule over a town or a nation. today the elites have unlimited power. Look up more or less any stock ownership structure and you´ll see, the same american investment firms are major share holders in all companies . Vanguard, Blackrock...

I don´t get why lower or middle -class people have children. breeding next generation slaves.

chenda
Posts: 1103
Joined: Wed Jun 29, 2011 1:17 pm

Re: The Banana Republic and ERE

Post by chenda » Mon Nov 26, 2018 5:15 pm

@stahlmann - It wasn't a criticism, I enjoy reading some of the old threads. Truth be told I preferred the forum back on the day, it was indeed more close knitted and, dare I say, had a much friendlier atmosphere. Although I was on a lot of prescription dugs back in 2011 so ymmhv...

chenda
Posts: 1103
Joined: Wed Jun 29, 2011 1:17 pm

Re: The Banana Republic and ERE

Post by chenda » Mon Nov 26, 2018 5:24 pm

thegreatvoid wrote:
Mon Nov 26, 2018 4:59 pm
I don´t get why lower or middle -class people have children. breeding next generation slaves.
Probably due to costs benefit analysis. If you probable career trajectory is working the check-out at Tesco's until your 65 it financially doesn't matter much whether you have children at 18 or 28. Hence less incentive to get him to pull out...

SavingWithBabies
Posts: 521
Joined: Mon Aug 31, 2015 2:50 pm
Location: Midwest, USA

Re: The Banana Republic and ERE

Post by SavingWithBabies » Mon Nov 26, 2018 5:25 pm

@chendra I think mikeBOS posted on his blog at http://lackingambition.com/ which is still up but the last post was in 2014. I wonder how he is doing these days and how everything has worked out since 2014. I found reading about his real estate ventures to be inspirational (although I also am cognizant that it's the wrong time in my current location to invest in real estate).

chenda
Posts: 1103
Joined: Wed Jun 29, 2011 1:17 pm

Re: The Banana Republic and ERE

Post by chenda » Mon Nov 26, 2018 5:31 pm

@savingwithbabies - yes I hope he's ok. We exchanged some emails back in 2012 I think - his real estate ventures were indeed so inspirational.

TheWanderingScholar
Posts: 559
Joined: Thu Dec 30, 2010 12:04 am

Re: The Banana Republic and ERE

Post by TheWanderingScholar » Mon Nov 26, 2018 5:49 pm

Yeah, I miss the old vanguard as well. I miss the old forum community I guess-seemed more like a group of talking over a campfire.

henrik
Posts: 749
Joined: Fri Apr 13, 2012 5:58 pm
Location: EE

Re: The Banana Republic and ERE

Post by henrik » Wed Nov 28, 2018 11:30 am

thegreatvoid wrote:
Mon Nov 26, 2018 4:59 pm
today the elites have unlimited power. Look up more or less any stock ownership structure and you´ll see, the same american investment firms are major share holders in all companies . Vanguard, Blackrock...
I have a piece of both. Guess that makes me the elite with unlimited power, yay!

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