End of The World

Sh*Ts cRaZy

Economically, the United States is basically George Orwell’s Animal Farm, and sh*t is getting crazier. The epitome of this has been the recent LAUSD teacher’s strike which was settled over the past weekend. Being from Chicago, stories about potential schools shutting down as teachers demand higher wages are typically background noise to be mixed with stories about a child shooting or a corruption scandal. Everywhere has its troubles, but the LASUD teacher’s strike surprised me.

It's not really a shocker when you think about it. Most people aren't taught how to manage money effectively. I mean, it's not like my English teacher was a financial guru or anything. But let's not get off track. The reality is that teachers usually don't belong to the top 10% or even the 1% of earners. Smart financial moves involve shifting your liquid assets into high-yield savings accounts to enjoy that sweet 5% growth rate. Those who reaped the most benefits from the low-interest rates in 2020 and the stock market boom in 2021 knew how to pivot and reposition their assets into bonds in 2023. Teachers, on the other hand, are typically known for something different than this financial savvy. And so, we find ourselves in the midst of pandemonium.

Teachers don’t know buying into those HYSA still provides access to cash cause you can collateral that portfolio for redeploying that cash right back into the market to secure more physical assets like this savvy TikToker, and maybe that's why they're trying to institute the Ban.

TikTok is an issue, but not for the reasons mainstream media might lead you to believe, such as Chinese espionage or the impact on kids' attention spans. My perspective, which aligns with The Verge's coverage, suggests that the ban is about disrupting the power of an increasingly informed society. It's as if the farm animals are starting to question where the pigs acquired their fancy attire. Information is being shared at breakneck speed, and while the internet has long challenged traditional media through platforms like YouTube and Netflix, TikTok has unveiled a hidden aspect of American reality often whispered about in shady bars and lunch spots: the structure of the American economic system. And it appears that Congress views this as a problem. Now, the basic expenses for my housekeeper, gardener, and vacations are rising because everyone is cashing in on that internet money.

Imagine this: at 18, you have the choice to either go $100k into debt, work nights at a fast-food joint, and drive a beater until you might start making decent money five years after graduation, OR become a millionaire in 24 months while half the world obsesses over your social life. It's not much of a choice, right? This highlights the actual problem Congress is trying to address: what happens to America when it's more profitable to upload videos, launch cryptocurrencies, freelance on platforms like Fiverr, or fund such ventures instead of learning a profession or trade?

Honestly, every time I see someone older than 16 working an hourly or salaried position for anything less than $150k, it saddens me. They're selling some of their prime years for pennies on the dollar because, if there's one thing we Americans love more than fuel-efficient SUVs or Amazon Prime, it's CHEAP LABOR.

In unrelated news, Bill Gates submitted his seven-page essay on AI. Am I the only one who thinks he's being overly optimistic? He compared OpenAI's advances to the PC, Internet, and Smartphone revolutions, and the buzz online is all about how AI will displace white-collar jobs.

Today, I can discuss this matter with poise and dignity, but that doesn't mean the issue isn't important. I've been here generating content to earn ad revenue, while some hardworking individual out there believes their best shot is hauling freight across the country, away from their kids for days on end. The financial system thrives on ignorance and exploitation. I can sit at this café and make money (Debt), some of which you'll receive through this newsletter's profit-sharing model in the coming weeks—more details to follow. 

For now, Rome, I mean France, literally burns in light of President Emmanuel Macron raising the legal retirement age from 62 to 64. The announcement prompted me to learn about adding a watch he conspicuously took off during an interview discussing the legislation to the collection. It did not prompt me not necessarily to burn down the Les Champs-Elysees. We just built differently.

Finally, as many of you may already know, ChatGPT has officially been connected to the internet. Interesting how the coding industry has begun crumbling as more black and brown people join the ranks, but that’s another conversation.

With Gratitude,

Hendy Saint-Jacques & ChatGPT-3

Creator & Chief Joy Spreader

✌️

UPDATES:

🤓TECHNOLOGY:  Apple Launches Buy-Now / Pay-Later Service

🧠MENTAL HEALTH:  Neurolink Seeks Partner for Clinical Trials

🤑VENTURE CAPITAL: AI Start-Up Replit Inc. is Tapped by Google

“Pain is inevitable; suffering is optional.”

-The Buddha

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