The crab said: You just haven’t seen your steamer yet. The crab is a low-level animal, and its nervous system is so simple that when it is slowly steamed in the steamer, it will keep stuffing the ginger slices next to it into its mouth. It just feels uncomfortable, and it thinks that eating something will make it better. I don’t know if you can understand the meaning of this paragraph. To sum up, we are already in the steamer. We thought that if we find a good job and work hard, everything will be fine, but the fact is that wages are not rising, prices are rising rapidly, and the world is rotten.
Yes. We are heading towards a crash. We are very much already in one, and have absolutley no way out.
Trump killed all US international commerce with his TACO tariffs and is currently propping up a failing stock market by converting medicaid dollars into ICE / TECH BRO MILITARY funding. The stock market keeps doing great because our tax dollars are propping up companies like Google, Plantir, and Amazon through government grants instead of providing us a safety net. That money will run out eventually, but likely not before more CEOs are killed over it.
Literally we are living through the gilded 1920’s again but with an American Hitler.
We now have years of uncontrolled inflation well above target rates, a corrupt government, wealth inequality worse than the French revolution, and rampant unintelligent Tariffs hurting all international trade at the cost of every small business in America. These are the same factors that caused the great depression, and if you think it’s not going to happen again, you are wrong.
We are a country being lead into disaster by the least competent people imaginable.
wealth inequality worse than the French revolution
When the creator of the Revolutions podcast was asked about the one theme that follows every revolution, he said that it was wealth inequality.
If I remember correctly, the French revolution had three major elements that kicked it off the way it did: huge wealth inequality, a major event that hits the lower classes (in this case a drought that destroyed lots of crops and therefore caused a wheat shortage), and incompetent leadership that is unable to deal with said event. Looks like the US is getting there, step by step.
Define what you mean by ‘crash’. What’s been happening will continue to happen, but if you’re expecting any kind of singular dramatic moment, what would that be?
Neoliberalism is reaching its natural conclusion, coupled with the gradual fall of colonialism, is going to lead to a permanent crash for the working class.
While Trump is being loud, the project to divide the US working class by ethnicity has been ongoing always, and began ramping up this century.
It will be required as all production is centralised within a handful of families. And the global south can no longer be relied on for cheap resources and manufacturing for middle class treats.
The US doesn’t have a union presence, nor does it have understanding of left politics. Conditions will get worse and worse every decade.
Why, this is a crash, nor are we out of it.
Wait until AI/AGI take over. Which is the most silent part of it all. It’s all “nice and great”, supposedly “making our lives easier”, when in fact it will decimate most of the population’s lives. It’s the part that no one ever talks about. You think it’s bad now? Wait until AI takes over everything, and I mean everything to where millions are left without a job. Yes this tech might be “innovating” and make our “lives easier” at the expense of what? The question is what are people going to do when AI takes over? How are we going to even afford to live. What happens to the our basic provision for sustainability to live life. That’s the quiet part that everyone wants to ignore and never ever has an answer for it. It’s absolutely vile and disgusting, cuz no one is looking at the dire ramifications of such deadly technology that threatens the very fabric of our lives and future generations to come.
A guy put it very well. His wife wanted kids, and the guy did some in depth into researching AI… he told his wife he didn’t want any kids because he knew that his kids wouldn’t even have a job. And he is correct in that statement. The kids that are born now, will they even have jobs? What will their future look like?
We are always headed for a crash. That’s the cycle of capitalism without strong regulatory mechanisms to mitigate it. I believe it is every 4-7 years that a crash has happened in the last 300 years.
It’s in the making since 1971
We are heading into a feudal system of a sort. The wealth gap is absolutly massive and the only way to end up in the upper class is to inherit. As per usual the population feels that the system is unfair, but is unable to see the real problem. Media is really pushing far right talking points, as the upper class realizes that the system is broken and a real revolution is a problem. Thats how the US ended up with a de facto monarchy. The UK is moving towards that pretty quickly too.
The good news is that Labour might make some really usefull changes. Mainly end first past the post to prevent Reform from taking over. That might very well allow left wing parties like the LibDems and Greens to win more seats and change the narrative.
What makes you think Labour are looking to change that?
Labour had a bit more then a third of the votes, which is pretty close to were Reform is polling today. However Labour won a massive majority with those votes. If Labour wants to prevent a Reform victory they need to change the election system. It is even worse for the Tories. So long term Tory supporters will cheer them on.
I know that makes sense to do, but that’s different from them making plans to do it
The first change doesn’t seem to be related, but that second link is promising.
Yes
Yes, it’s gonna get bad. Jobs in both the private sector, and public sector, universities, etc, we are all feeling the heat right now.
Why are universities suffering?
I read they are rising taxes to Universities’ donations. In the political side, professors are… receiving too much attention from the government, to put it mildly.
Because enrollment is in structural decline due to demographic shift.
Bad reputation among working people due to cost and dubious results for about half of graduates.
Student loans reform is gonna hurt them the most though.
my former state uni was suffering enrollment so bad that they reached out to HS students(not yet graduated) to give them a guaranteed enrollment if they do these kinds of requirements, when it was the usual : sat scores, 3.0etc.
before that happened they wre slashing classes, instructors(non tenured) raising tuition to cover the loss of thier cash cow, freshmans. the reason is combination of lack career help, and job prospect out of earning said degree.
Yep degrees aren’t worth what they used to be. I regret mine really not worth it
biotech is pretty bad back 2016-present, i can imagine it worst for other stem degrees, Tech was flourishing around that time before covid. our school strangely hid "lab experience, under an obscure category so people wouldnt notice, and try to badger the PIs for seats in thier labs, apparent it was the most important part of your DEGREE before graduation.
and employers in the industry dont want to train a person at all, so they expect years of experience under your belt already.
i think cs majors have one of the highest unemployment amongst stem. biology/bio seems halfway, but i suspect its heavily skewed because people go into nurisng or another healthcare field.
I’m assuming international students are staying far away from American universities at the current enrollment periods as well
To some degree sure but Foreign Nepo babies going to haaavard and other elites schools ain’t changing.
At best state and mid grade private schools targeting the foreign “Middle” class will take a hit as these people go to other Anglo countries
As with everything, there is a club
NSF funding cuts, declining enrollment bcz of the ICE crap (people are afraid to come to the U.S.), covid funding issues still being felt, lots of government employees vying for university positions, attacks on science across the board forcing experts to leave the U.S., or go to the private sector. Its bad, and it’ll probably get worse.
Somebody drinking too much koolaid
Ya am I? Guess all that first hand experience with it must be a lie…
Clearly this first hand experience clouding your judgement about what universities has been doing for the last 20 years…
The attack on science schtik does resonate with people balls deep on student loans. But I do understand how proffesors and admin staff would shill it lol
Please, enlighten me on how 50% funding cuts to NASA science budget, and cutting NSF grant funding isn’t an attack on science? I’d also like you to further explain to me with your clearly superior big brain how banning all things considered DEI or climate change related, isn’t an attack on science…
Clearly, you know more about all the interworkings of this stuff than someone who is involved in this shit.
We are literally in the middle of one of the largest wealth transfers in history right now, driven by dipstick billionaires who are frothing and foaming at the mouth at the prospect of screwing this nation out of all scientific progress we’ve made, and you wanna tell me im a fucking sucker.
GTFO with your weak sauce arguments.
The wealth transfer started in 1980s…
Universities were happy to fleece the students for decades… By jacking up tuition, over hiring parasitic admins and charging wildly fees for everything they could.
Now the universities have no good will left among the peasants.
Sure sucks NASA got defunded, gutted and transferred out to private sector.
But in the country where health insurance exists int he current form… Kinda hard to give a fuck about “the science”
People got to eat first ;)
I heard universities have been closing entire staff departments because of the DEI cuts. Business schools all over the country do DEI research with government grants. That money is gone now.
research grants, and funding grants are being cut. so scientists are fleeing the states, some of them. this only works if you have phd or MD in a specialty that europe wants.
What kind of specialities do they want?
It’s already been going on for 30+ years so whatever you call this is pretty much it.
Correct… This set up was made a generation ago. Normie just finally woke up after a decade of jerking Indentity politics and wars a decade prior. Now they ate shocked by country is gutted from within
Worse, you will get used to it.
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No. Things will just get worse.
Your statement has probably been true since 2008. Maybe longer.
