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InitialsDiceBearhttps://github.com/dicebear/dicebearhttps://creativecommons.org/publicdomain/zero/1.0/„Initials” (https://github.com/dicebear/dicebear) by „DiceBear”, licensed under „CC0 1.0” (https://creativecommons.org/publicdomain/zero/1.0/)SO
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2 yr. ago

  • Yes, that is the implication I was making to answer the original question. The majority of content here is in English-->the majority of English-first users are from the US-->this is why Lemmy seems so US-centric.

    I was being a little obtuse because it's like a French-filtered user asking why social media seems so France-centric even though there's lots of social media in Africa--there are other languages that people use that you're not necessarily seeing on your feed.

  • $25 a week on groceries in 1997 is around $50 today based on currency inflation, not even accounting for purchasing power. That could easily make the difference between a nutritious diet and one that leads to chronic health conditions for people living paycheck to paycheck. In 1997, the average weekly expenditure on food per person in the US was $34. You could probably have survived off of $15/wk for food back then and maybe find an extra 2-3hr of minimum wage to meet your $25 investment, but it wouldn't have been pretty.

    Fun fact, a $25 steak today in the US cost about $8.50 in 1997.

  • You go back in time to when you're living paycheck to paycheck and zero financial literacy. You convince yourself to invest $100/month in Amazon no matter what, because it will be worth it. You eat nothing but instant ramen, forego preventative care, get sick from malnutrition. Your quality of life is horrible because you forego basic necessities to invest in Amazon. The dot com bubble wipes out 90% of Amazon's value but you continue to invest because your past self told you about this, but if you just endure, Amazon will recover and you will be a millionaire.

    In this timeline, Amazon never recovers and goes bankrupt. On Twitter, you read a post about George Shaheen's wedding, and how he's entitled to his billions, despite predatory and exploitative practices, because his wealth could have been yours. If you had only invested $100/month since 1996 into WebVan, you'd be a millionaire.

    Investing is, at the end of the day, a gamble.

  • I am serious. I read your comment twice wondering if you were being serious. Even with your comment at the end, I imagine a lot of people would read your comment straight, since most people don't know much about Chinese HSR.

  • The Last Jedi and and Rise of Skywalker came out during Trump's first term, UK had triggered article 50, natural disasters, North Korea was ramping up nuclear testing, a new age of fake news was taking shape, trade war, rise of Hindu nationalism... you know what you're right, I do miss those times compared to now... But you know maybe this is the second act when things are most dire before... Well depends on the story arc 😅

  • otherwise you're leaving money on the table.

    This is the same argument as "would you rather have 1 or 100 mil"

    But yes, you're right to point out large companies who need to make big money to keep the lights on and, if public, stock profile. If the market perceives modest growth, it will not react kindly, leading to downstream financial losses. Some investors invest in ideas and products, most invest in perceived potential gains. No investment-->no funding-->no games.