Discussion on Gen Z's Economic Perspectives (Part 2)
From Timcast IRL
economicssocialismgenerational differenceshousingpolitics
Transcript
Bucks. Now that's the real thing. Everything. Do my protein powder. I bought it like, I just ran out. I bought it like, I don't know, eight months ago. It's up 50%. I'm like, what the hell is everything at? Five below is 10. Everybody do this experiment. Open up an Amazon cart, take a random item and put it in your cart and forget about it. One week later, open it up and see if it's giving you a price update. Yeah. Well, that's. Why was it Peter Thiel that was saying something along the lines of like, there's no non hilarious reason why a zoomer would not be a social socialist, Obviously. I mean, you have to, like to be under 30 and not be a socialist. You're advocating against your economic interest unless you're like, a millionaire for sure. You know how many guys I know in New York who, like, have eight roommates? Yeah, yeah. Someone. What was the person that said, like, 20 years ago, if you had a roommate, people thought you were gay. That's a good. Yeah, yeah. Now I know so many guys who are, like, crammed. No wonder young guys aren't getting laid. Eight dudes in the same room. Oh, yeah. It's like, no, no, no, no. Seven. Yeah. And Cornell, they figured it out. Yeah, Cornell, seven. That was just a roommate problem. Yeah. An economic indicator. I'm like, buy the dip. So I gotta say, I assume many of these young men who are socialist aren't actually socialist. If you go to them and say, should I be able to take your stuff? And the committee decides they're gonna say no. But if you ask them, hey, should you and me band together to take the houses from the boomers? He's gonna be like, when do we start? Yeah. They're like, they don't have any stuff. Once they have stuff, they'll be like, no, that's stupid. But currently they have no stuff. So, like, yeah, well, and this is why. And this is an important point to make. And Tim, you've made this point. As people hear that, and they're like, well, this is clearly unethical from Gen Z. It's like the boomers started this. I mean, we quite literally. Russ Green couldn't have put it any better. Total boomer. Welfare communism. Total welfare. Luxury communism. Insofar as we already have socialism, it's just for old people. And all across the West, Britain, America, Canada. The most indefensible system, arguably barring communism in the history of. Of the west, is this current one we have in which we just have massive wealth fair transfer. Wealth transfers from the young to the old. Yeah. So young people didn't start it. When they come and take your home, you gotta be mad at yourself. Because I'm looking all across all these ballot measures, et cetera, and the Republicans are desperate to ensure that old people's home values stay high. That explains the migration. That explains the tax cuts that are always occurring for these elderly people. It's like, I want kids. Do I have the right to have children? I don't know. Maybe. I don't. Maybe. You're probably.