Wtf? I thought Americans were rich

Wtf? I thought Americans were rich.

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It isn't the 1950s anymore

Shush bitch. Uneducated fools like you belong in the sewers. You make it sound that what you say matters when you are nothing but dumb trash and a waste of existence. You have no sort of defense whatsoever because you can not form a comprehensive opinion of your own. All you know is how to suck dick. Bet it's your hobby as well. Learn English before you spout rubbish. What a miserable existence you lead. Do yourself a favor, and just disappear. No one would care anyways nor would they even notice. Though what I do hope is for misery and suffering to befall upon you. It's the only way pieces of shit like you can learn their lesson.

You know the Chinese are buying up land in Australia and America, why aren't Nationalists doing the same? Imagine if every nationalist owned every piece of land in their country, it would be a rightful takeover for power.

America is rich, Americans aren't.

damn...

people with money don't keep it in savings accounts because you get shit for interest. if you keep substantial money in a savings account, you're losing money because of inflation.

i am by no means rich, but I have about 10k saved up. none of that is in a savings account. i don't even have a savings account.

that being said, I'm sure that 70 pct have less than 1000 saved because there are so many retarded niggers who spend everything they get on cell phones and air jordans

damn...

damn...

One of the reasons for Trump's success were the economic promises to alleviate the middle classes suffering. Many Americans, especially in the working class, have lost their jobs to outsourcing. And even Mexicans.

They put everything on their credit card. That's why so many got assraped in the latest economic recession

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bam...

damn...

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Nah, it's tru and it's worse statistics for millennials. I have some guy who spends all his money and no savings because he believes a madman scenario is coming. I hate temps.

>the gold standard will fix everything

No.

Americans used to have savings. To make the long story short, it was the Jews.

The elite few in the USA have all the wealth and traffic children for sex and murder and the police there cover it up

Hahaha just kidding America is totally a free country xD

According to Keynesians savings is bad for the economy lol can you believe that shit?

we're in the last days of rome
all of the people who have money and know what's up have been frivolously blowing their cash on trivial shit and giving handfuls of it to homeless people because they know it's not going to be worth wiping your ass with within a few years.

It is though. Why do you think the economy is so shit for regular people now? Because rich people are gathering and retaining more wealth than ever and living off the interest.

Is it true that a small number of very rich people are what make the US look like a first world country and otherwise it's incredibly average?

Having a 5 - 10k emergency fund sitting in cash on a savings account is incredibly useful and you should build one before other investments. It's so that you can get over unexpected expenses without dipping into credit and without having to liquidate your investments. Not getting any interest doesn't matter.

Yes you can liquidate stocks, bonds, funds easily but it costs money to do so and will take some time. Also the time might not be ideal to sell your stuff because there's a temporary dip but you need the money. That's when you use the emergency fund.

And I thought I was poorfag

Investing in assets =/= savings

Both are good though.

Of course it's matter of the perspective, but doesn't that apply the whole world?

Generations of Americans have been taught to live beyond their means via the credit jew

>Yes you can liquidate stocks, bonds, funds easily but it costs money to do so and will take some time.

It costs $4.95 and takes 3 days.

A lot of people save like 6 months worth of income in an emergency fund & then invest to beat inflation after that.

It's mostly this. it's just an autistic stat only counting literal savings accounts, but worded in a way that the meaning comes across as how much money you have saved up total.

Still to this day have not figured out the point of a savings account with its 0.4% interest rates.

I have two savings accounts with $1,000 each in them. The problem is that people are more obsessed with spending every dollar they get instead of saving.

America is a somewhat barbaric place to live desu. I read a study that some 57% of people earn less than $35,000 dollars a year, which is just above poverty. We don't really have a working healthcare system, which means we commonly avoid doctors appointments for things that can kill us for the sake of avoiding money. Go to the doctor for a strep? Cost me $400 dollars WITH insurance. Most people who have serious health crisis end up in debt for the rest of their lives. Trades like fixing air conditioning give you a grand total of like $12 an hour, where rent in any major city is anywhere from $1000 to $2700 a month on the low end. So literally we have this idea that we're all going to be rich some day even though we're all worked to the grind to pay basic bills. The reality is that everyone's poor, everyone's on drugs, and the small percentage of us who are lucky enough to have good jobs and wealthy parents still have to compete with people from all over the globe who want to live here. In a lot of ways america is like an empire over a third world country.

tl;dr america is a brutal place to live

Just moved out with my fiancée. We're 23 and have no savings. Most people we know who are less than 25 don't have a lot in savings or don't have savings at all. Almost everyone we know who's about 30-35 has savings accounts and enough money to be looking to buy houses. We live in southern PA and most people we know work labor jobs.

>Tfw $20 away from $1k in savings

Feels good being in the very bottom part of the top 30%

madman

Yeah and you've paid another $4.95 to buy those stocks. Unless they haven't increased in value after you bought them by $4.95 + whatever portion of the batch you bought them in you are currently selling you're losing money compared to having it on a savings account at 0% interest.

It becomes even worse if you've just bought them, suddenly need the cash and the price of the stocks has gone down. Now you're losing even more money because you have to sell them at a lower price than you bought. If you had an emergency fund you could hold onto those stocks and wait for them to go up in value and since you've made a solid investment they have a good chance of recovering the slight fluctuations in price.

You don't actually have to keep the money in a savings account, and if the savings account comes with limitations on how many times you can withdraw from it without penalties then it doesn't make any sense. However keeping it as cash is useful.

>70 + 34 = 104%
>Norwegian education

Might want to go to the doctor because Abdul's cum is clotting your brain.

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Your wife's son's family heirlooms?

Jesus Christ, why do liberals all seem to think that wealth is actual cash money?

I hate to say it but out spoken nationalists are usually poor

getting rid of it didn't fix anything. It was a retarded decision and now we have money thats worth nothing and most of money doesn't even exist in physical form it exists as numbers on computers.


>White Nationalists are poor
true but Republicans aren't and a lot of republicans are becoming white nationalists. I've been redpilling my father and his business associates and they've been taking it. All of them have bought guns, they all voted Trump and hate niggers and spics.

Because we're poor as fuck while billions are moving out of China every year and buying every fucking thing in sight

The Majority of Americans own cars. Or I am in the elite few and my family has 1 car per person we also have a bedroom for each person(family of 6) and my family has complete independence.

America is great if you are actually American.

Idk my parents have a pretty nice house and I've never considered my family rich. We have the nicest house in our neighborhood and my Dad has a 1997 Toyota Supra Turbo its legit as fuck. Millennials are fucked though. Its impossible in this era to achieve what my Dad did like he did.

The jew cuts closer to the bone every year. They never stop and it doesn't end well for them.

this redpill needs to be watched by every burger

youtube.com/watch?v=L8gwTvAVfh4

It is 34% of the 70% , you stupid burger

they robbed the middle class blind and it all blew up in 2008. now they are using a known loophole to do it again but this time its going to be a credit bust because most people stayed afloat by building up massive debt. they can legally default any credit card they want they just havent done it yet because it would kill peoples trust in the banking system for good.

>because there are so many retarded niggers who spend everything they get on cell phones and air jordans

Enlighten me. How do "so many retarded niggers" manage to form 70% of the population?

Ham...

Its the federal reserve mostly. main thing gold standard did was it kept us out of wars. its so obvious what we are doing over there now that you can predict with 100% accuracy which nation we will invade next.

Senpai...

>How do "so many retarded niggers" manage to form 70% of the population?
50% of those 60% whites are women which leaves only 30% of the population as rational beings, so that is how it ends up at 70%

>According to Keynesians savings is bad for the economy

No Keynesians actually believe this. Keynesian economics looks at the macro level. Keynes was saying that government should spend in times of depression/deflation and save in times of prosperity, making a balance of things. Of course, Monetarists corrupted the concept and left out the "save in times of prosperity" part.

Keynes never intended for his ideas to be corrupted. Rather, government should only spend and get in debt when necessary, not indefinitely to decrease the value of money.

>WAAAH I DON'T KNOW HOW TO HAVE SOME SELF CONTROL AND FAMILY VALUES SO I MOVED OUT OF MY HOUSE WHEN I WAS 18 AND NEVER SAVE 10% OF MY MONEY UNTIL I HAD ENOUGH TO INVEST IT SAFELY.

Fuck off.

50% are women who leech of men. 7% niggers (overlap of negresses in women ok) and rest are children who havent worked yet?

Everything in this country is bought by credit/fake money and paid off with money earned through work/real money. Banking is the most ingenious and diabolical institution ever created. The federal reserve literally just makes fucking money and uses that money for debt enslaving and gathering resources.

>savings account
>not keeping your money as gold bars hidden in multiple locations only you know about with a dead man's switch to notify your next of kin in case of your death

> tfw over 50k in bank account within 2 years

This.

It's the same here in Europe, because if you have money you are an evil capitalist and the government comes to beat you and take your money.

This is actually a pretty shocking fact, if somewhat unsurprising.
Younger generations are shit at saving, I myself included, though I acknowledge it and am getting better with my limited finances (student).

The thing I find funny about this fact, is that all these countless millennial with under a grand in savings are pretty much assuredly carrying a phone worth that much in their pockets, and that is considered normal.

It's one of the reasons I can't stand the constant bitching about housing prices (especially in New Zealand). Yeah houses are more expensive for our generation but:

1) They don't want to compromise and search for opportunities outside of urban centers and major immigration zones where housing and land is far cheaper.

2) They don't have any long term savings in place to actually prepare themselves for a house deposit or investment.

3) They refuse to recognize immigration as a major driving force behind our housing crisis and don't vote for the "racist" parties with policies to combat the issue.

I get that most of the people referred to in this statistic are also university students with, at best, part time jobs which makes long term savings harder. At least do what you can and stop bitching though.

Nope.

I have only 11k in my account and I hide that from my wife who has access only to our house account w/2k in it.

Americans live above their means these days. They have multible cars and take numerous vacations and have too much house.

My wife cant control her shopping and needs a new car every three years so we always have that payment too. I drive a 1999 GMC pickup truck that I work on myself.

Yards, we need large yards to impress the neighbors with the large yard. Large yard means more property tax.

Eating out. My wife doesn't want to cook because she's an educated women with a mba. So we eat out all the time and that's $$$$.

The kids. Two shit heads who need whatever there friends have. They will most likely be bun heads w/holes in their ears when they grow up.

and the list goes on and on and on.

Wish I never got married or had kids. At least they might cry at my funeral. Not because I died but that the gravy train has left the station.

Prepares answ-Leaf

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We're just well kept slaves.

>because she's an educated women with a mba.
what a catch.
i hope i can find a woman with a nice sexy degree

How many of the 34% are white? That's what I wanna know

Do you comprehend your own language?

If every cunt has an mba it makes her mba useless.

I should of married a Mennonite girl like my grandfather told me to do. One that could cook/clean and do traditional woman chores. I tell you this because I just cleaned a bathroom before work because my wife is a slob. Raised as a princess and didn't have to do a damn thing. I thought she was awesome because she gave out blowjobs my candy at Holloween. Now she doesn't want to give head.

(((savings account)))

I'm sort of ashamed that 30% of people would even still leave their money in a Jew bank.

And Sup Forums gets mad when I say I don't want to get married.

...nmɒᗡ

That's the best part, you don't leave your money in a savings account. You give YOUR money to the bank and they have a DEBT to you now. The money is now theirs. If the bank falls, it's still the bank's money. You are now a debt collector.

Side note:

I remember my grandfather asking if she was "Good in the sack?" I said "yes, You jelly old man?"

He said "How do you think she got that way? Like a warm toilet seat, feels good until you think about who was there before you!"

Tell your wife to get in the kitchen, bitch

Never cooking your own food is bluepilled AF, senpai

Yeah, they're rich in debt. Always have been since the introduction of the credit card. What do you think caused the 2008 economic crisis?

Milken

We elected a black guy.

put money in index funds, you can go through a world war and still make 10% annually averaged out over the years

not credit cards thats for sure. its the next one they are planning though. a lot of people we spared from being wiped out by maxing thier credit out. so now they need to collect on those people to complete the depression.

What if you can't even afford enough to save. Just enough to support yourself and family? You want me to do, rob a bank?

>I have more money than 70% of Americans
>I make below poverty levels of dosh
>tfw living with parents desu

Because they have no idea what it means to work to be wealthy.

>tfw I was able to save only $200 after a year of spending $5/day working 10 hours on average
Hahhhahaha how can fucking ameripoors even compete?

Seriously though, being wealthy is just an illusion if you aren't a full on milionare. Middle classes around the world keep on being fucked in the ass.

how did you get that backwards b?

it's an upside down q, retard

Gold standard wasn't working at the time. There wasn't enough gold. Nixon was just a formality.

This actually makes me really happy to read

Seems like a pipe dream when you know that the 1% own like 99% of the wealth as I keep hearing and on a whim the can manipulate the economy like Soro's bankrupting Britain. 1 man, 1 Nation

Look at America's national debt before Reagan/Bill Clinton. Rothschild's federal reserve ordered them to destroy the American economy by massively inflating the value of the dollar, creating a bubble since the banks could now lend everyone massive amounts of money without having to worry about running out. Then, Bush was to either take the blame or do the same. Obama was a repeat of that, and that's how the national debt went up from 4 trillion to 20 trillion in such a short amount of time.

All of them could have reduced socialism and made reductions in government power to ease the spending drastically. Trump is now doing it and is the deficit in spending was gone within the first month.

Haha speak for yourself

Grandpa red-pill sounds awesome

Soros can do such things because of the massive concentration of power in the hands of the government through Socialism. Saving isn't bad. You save when you're young so you can spend when you're old. If you die, your wealth either goes to relatives or the state or whoever you leave it to.

Wealthy people who earned their wealth did so by producing goods and services which were valuable enough for people to buy them. Wealthy people tend to want more money so they spend their days creating businesses or investing in businesses.

That's the reason why in capitalist Chile there's 11% poverty but in the "rich" socialist Netherlands there's 45% poverty.

Because of Socialism. Before Socialism was introduced in the 60's, the standard of living even for blacks was much higher than everywhere else. Health insurance used to be a day's wage for a year of insurance. Nowadays, health insurance is synonymous to a health care plan where consumers and the insured alike pay into the same fund which of course ramps up costs as people with pre-existing conditions cost more than they pay.

>1% interest rate
>Using a savings account

Why bother? Dump your money in treasury bond ETFs and you'll make more money.

You can be a nigger without being black.

you a newfag? backwards b is a meme, retard