this post was submitted on 05 Jun 2026
72 points (98.6% liked)

news

24783 readers
599 users here now

Welcome to c/news! We aim to foster a book-club type environment for discussion and critical analysis of the news. Our policy objectives are:

We ask community members to appreciate the uncertainty inherent in critical analysis of current events, the need to constantly learn, and take part in the community with humility. None of us are the One True Leftist, not even you, the reader.

Newcomm and Newsmega Rules:

The Hexbear Code of Conduct and Terms of Service apply here.

  1. Link titles: Please use informative link titles. Overly editorialized titles, particularly if they link to opinion pieces, may get your post removed.

  2. Content warnings: Posts on the newscomm and top-level replies on the newsmega should use content warnings appropriately. Please be thoughtful about wording and triggers when describing awful things in post titles.

  3. Fake news: No fake news posts ever, including April 1st. Deliberate fake news posting is a bannable offense. If you mistakenly post fake news the mod team may ask you to delete/modify the post or we may delete it ourselves.

  4. Link sources: All posts must include a link to their source. Screenshots are fine IF you include the link in the post body. If you are citing a Twitter post as news, please include the Xcancel.com (or another Nitter instance) or at least strip out identifier information from the twitter link. There is also a Firefox extension that can redirect Twitter links to a Nitter instance, such as Libredirect or archive them as you would any other reactionary source.

  5. Archive sites: We highly encourage use of non-paywalled archive sites (i.e. archive.is, web.archive.org, ghostarchive.org) so that links are widely accessible to the community and so that reactionary sources don’t derive data/ad revenue from Hexbear users. If you see a link without an archive link, please archive it yourself and add it to the thread, ask the OP to fix it, or report to mods. Including text of articles in threads is welcome.

  6. Low effort material: Avoid memes/jokes/shitposts in newscomm posts and top-level replies to the newsmega. This kind of content is OK in post replies and in newsmega sub-threads. We encourage the community to balance their contribution of low effort material with effort posts, links to real news/analysis, and meaningful engagement with material posted in the community.

  7. American politics: Discussion and effort posts on the (potential) material impacts of American electoral politics is welcome, but the never-ending circus of American Politics© Brought to You by Mountain Dew™ is not welcome. This refers to polling, pundit reactions, electoral horse races, rumors of who might run, etc.

  8. Electoralism: Please try to avoid struggle sessions about the value of voting/taking part in the electoral system in the West. c/electoralism is right over there.

  9. AI Slop: Don't post AI generated content. Posts about AI race/chip wars/data centers are fine.

founded 5 years ago
MODERATORS
top 21 comments
sorted by: hot top controversial new old
[–] WhatDoYouMeanPodcast@hexbear.net 49 points 3 days ago (2 children)

Cahillane said that the industry has endured years of “volume degradation” because consumers had to absorb “too much price.” Another inflation shock, he warned, is the last thing households need.

I cannot stand corpo cant

According to the Federal Reserve Bank of Minneapolis (9), $100 in 2026 had the same purchasing power as just $11.74 did in 1970.

Fucking grim

[–] barrbaric@hexbear.net 22 points 2 days ago (1 children)

Oh well I'm sure that salaries also rose by 9x in that time, right?

[–] context@hexbear.net 3 points 2 days ago (1 children)

yes, the u.s. national wage index was about $6k in 1970 and about $70k in 2024, which is the last year the social security administration has reported the wage index

[–] infuziSporg@hexbear.net 3 points 1 day ago (1 children)

This doesn't seem like a good representation, I think it has capital gains wrapped in.

This source looks like it takes just the wages people are being paid, and it goes from $4.44 an hour in 1979 to $20.03 in 2024.

I remember checking a year or two ago that the median worker earned around $45k, with a bunch of financial sleight-of-hand making up the dofference between this and the per capita GDP.

[–] context@hexbear.net 1 points 1 day ago

fair, and the inflation number also includes a bunch of financial sleight-of-hand. i don't think it includes healthcare, education, and housing, which have all grown significantly faster than the baseline inflation.

[–] marxisthayaca@hexbear.net 26 points 3 days ago

I hate this so fucking much. SO FUCKING MUCH.

[–] Enjoyer_of_Games@hexbear.net 34 points 3 days ago

We can just replace the consumers with AI.

[–] MrSulu@lemmy.ml 26 points 2 days ago

The billionaire class are effectively at war with the US, destroying the people, their infrastructure, hospitals, education, welfare, basic rights, economy. Fuck, its the same as the dumbass war with Iran.

[–] ahrienby@hexbear.net 38 points 3 days ago

BlackRock CEO admits that capitalism destroyed everything.

[–] aanes_appreciator@hexbear.net 39 points 3 days ago (1 children)

One of the ads tied to the article's "tips" is... crowdfunding a rental portfolio with Goldman Sachs:

Founded by former Goldman Sachs real estate investors, the team hand-picks the top 1% of single-family rental homes nationwide for you. In other words, you gain access to institutional-quality offerings for a fraction of the usual cost.

One of the most evil paragraphs ever written by man (or machine).

[–] aanes_appreciator@hexbear.net 34 points 3 days ago (2 children)

Actually, it gets worse:

Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's how

[–] LeeeroooyJeeenkiiins@hexbear.net 24 points 3 days ago (1 children)

Are there ethical investments for communists because boy would i like to not work until i die but also boy i don't want to be a smallholding landlord just to get a "pension"

[–] WhatDoYouMeanPodcast@hexbear.net 22 points 3 days ago (3 children)

Can you invest in China? Like a total market index fund with Chinese characteristics?

[–] context@hexbear.net 15 points 2 days ago

sure, many companies offer stock to international investors and there are several funds focused on the chinese equity market. even blackrock has one. what they'll be worth after xi presses the communism button is anyone's guess, though.

xi-button

[–] bobs_guns@lemmygrad.ml 5 points 2 days ago

Investing in China is unlikely to have a good return due to risk of expropriation, government funding of projects based on public welfare rather than profit, and so on. I feel doing this would be too likely to result in basically no return on investment. To put it another way, return on investment depends directly on exploitation. I'd say also that there are definitely levels of evil you can reach while investing, being a landlord is not the absolute worst among them, because it mostly hurts pigs of imperial core in a way that is mostly non-lethal, so it is better than military contractors or tech companies on BDS list, but this is also reflected in the lower return on investment. The more you learn about this stuff the more you realize how it really is all drowning in blood.

[–] stink@lemmygrad.ml 6 points 2 days ago

Ermmm yes, but your investments probably won't be "safe" there.

[–] BonsaiBoo@hexbear.net 34 points 3 days ago (1 children)

The thing is, we aren’t running out of greed or an obligation for companies to provide maximum profits to shareholders.. WHICH IS WHY YOU NEED REGULATIONS AND REGULATORY BODIES ON CAPITALISM. Ayn Rand free markets will solve everything types are either deluded or complicit in the destruction of the nation happening now, and they are gonna be so mad and surprised when people start supporting their constant boogeymen, communism, socialism, democratic socialism, progressive democrats.

[–] SevenSkalls@hexbear.net 3 points 2 days ago

The pattern we've seen in the past is that they'll then support fascism and paramilitaries to punish and take out the communists, then the socialists and the rest.

[–] chgxvjh@hexbear.net 2 points 1 day ago

I thought "running out of other people's money" was supposed to be the problem with socialism thonk

[–] Rom@hexbear.net 29 points 3 days ago