Bienvenidos mis ositos, tu siempre eres mis queridos! (Welcome back little bears you are always my dears!)
Leverage is a hell of a drug.
-Unknown Financier
We’re products of our environment.
It’s a global tragedy that dinosaur sized corporations and increasingly oppressive governments have conspired to make our lives miserable.
The little guy worker toils at a thankless job that pays peanuts. More often than not, that little guy has some side hustles to make rent. Maybe drive for a ride sharing or delivery app to pay for food.
At night maybe the little guy creates content in the hopes of making it big.
But you know who takes the majority of the ad money right?
That’s right dear reader the big social media corporations!
At least with crypto based companies like Brave and Publish0x you get more privacy and make a little on the side.
Speaking of which, this fat panda is always grateful for my wonderful subscribers. They always leave generous tips. Studies have shown that Suerte Panda subscribers make an average of 27% more money than the typical degen that skips over my posts.
Publish0x Troll: Oh come on, do you honestly expect us to believe that?
Panda: Maybe so, maybe no but it’s a nice thought!
Back to the topic.
The little guy is too tired to get pissed after a long day of hustling.
One way to deal with the stress is by partaking in marijuana derived products.
There is a reason why some people that take a puff call them blunts.
They blunt or numb the suffering at least for a short period.
Managing the pain of a struggling life gets more complicated as time goes on.
Some people don’t have enough self-control or willpower to stop.
So begins a descent down a slippery slope.
Maybe it was an accident on a construction site or even mundane wear and tear from being in a coal mine or oilfield.
In the United States, marijuana may or not be legal but acceptance is growing.
Certain opioids on the other hand depend on the form and prescription. Just from glancing at the headlines they include but not limied to: oxycontin, fentanyl, morphine, and heroin.
Opioids have a horribly high addiction rate.
As tolerance levels increase, addicts need more to get the same high. Some addicts that were shown on a documentary have described the quitting process as a special type of hell.
Speaking of hell we now turn our attention to the digital version.
As I return from a walk I’m appalled at the digital addiction in my area.
There’s some guy clogging the sidewalk attempting to text and walk his mangy mutt at the same time.
A loudmouth lady berating (her boyfriend?) at my favorite bakery.
The guy that almost ran me over because he wasn’t paying attention at the crosswalk.
Some random dude doing dance moves for Tik Tok (or Instagram)
It’s a paradox that we are so connected and yet so far apart.
Our minds are clogged with digital trash. Will we evolve?
Our disintegrating attention spans brought to you by digital “innovations” like
Tik tok. And Youtube shorts will cost us down the road.
Another price that will need to be paid will be with our investments. In fact, the bill may already be overdue.
Birds are going to fly, fish are going to swim and degens are going to gamble
Japan might offer a glimpse into a possible future for “advanced” economies. If you take a look at the 50 year chart you’ll notice that their stock market never recovered their highs from the late 1980s - early 1990s!
https://tradingeconomics.com/japan/stock-market
Now I don’t know exactly why this is but I have a theory.
Unfortunately, their demographics may have imploded.
They also have a high debt to GDP ratio.
https://www.macrotrends.net/countries/JPN/japan/debt-to-gdp-ratio
The United States currently has a “lower” debt to GDP ratio (for now?)
https://www.macrotrends.net/countries/USA/united-states/debt-to-gdp-ratio
If we drop back down to the individual level again, our little guy friend has a money issue.
He has little money that’s the issue!
Our little guy friend has been tricked yet again this time by financial “experts” ads he sees on his social media feeds.
Every so often you will see scammers trying to sell courses about being a day trader.
Read more about being a Pattern Day Trader:
https://www.schwab.com/learn/story/introduction-to-pattern-day-trader-rules
Even assuming you’re lucky enough to find that unicorn day trader that is actually a multi-millionaire AND is generous enough to share his/her “secret” (for a price). Where will you get that starting capital ($25,000 to avoid pattern day training restrictions)?
In the old days people could apply for old fashioned margin debt.
The application process for overt margin could be strict depending on the brokerage.
In modern times though most newbs resort to “stealth” margin to get around the Pattern Day Trader restrictions.
Short dated, like zero days to expiration (0 DTE) options that are out of the money are getting popular.
These are a degen’s wet dream!
They offer a financial drug iinduced hope for the dopes!
I thought the meme stock craze ended but apparently, someone is trying to make a comeback.
You would think that compulsive gamblers would’ve learned their lessons but maybe they relapsed.
There’s going to be a financial shock somewhere, I’m trying to figure out who the bagholder will be.
I hope it won’t be any of us.
Obviously none of this is formal financial or tax advice. You need to find qualified professionals in your jurisdiction.
Be sharp, stay hungry let’s get that money!
