"Financial Influencer Grant Cardone Says He Can Make You A Billionaire. His Investors Claim He Defrauded Them."
https://www.huffpost.com/entry/grant-cardone-financial-influencer_n_64ada368e4b0e87d65574e9b
this post was submitted on 13 Dec 2023
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This fucker is trying to establish his evil plan to make billions as an expected standard.
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Grant Cardone is a Scientologist who more or less runs a variety of real estate scams to enrich himself and other prominent Scientologists.
That being said, I would not be surprised if we end up with 50 year mortgages, but 100 seems absolutely insane to me as just... most people do not live that long.
Renting clothes? Honestly, this wouldnt surprise me either.
Its kind of a perfect scam actually: Set up the terms and conditions such that if there is any damage to the clothes, you have to pay for their repair or replacement, and then also offer clothing rental insurance for an extra fee, just in case!
Pay a bunch of instagram and tiktok influencers to rep various fashions and the clothing rental company, and of course manufacture all the clothes in sweatshops in the global south and charge something like 10 to 1000 times the variable cost of making any particular clothing item to the global north, but then rent the article of clothing for what 1/3 of the that number, per week.
Works much better if you can make certain clothing items /only/ rentable and not outright purchasable via basically coordinating with existing brands, exclusivity works to get gamers to shell out stupid amounts of money for basically unique cosmetics, why wouldnt it work here?
People bought gamer girl bath water, Republicans have destroyed public education, scrolling insta or tik tok all the time is basically known to cause various mental disorders but people so it because its addictive like a drug...
... yes i absolutely believe American Gen Zers would fall for this, and probably a good number of Millenials too
Hooray Capitalism!
Anyway, I think Cardone is saying stuff like this to try to posture as a concerned citizen, meanwhile, if I am not mistaken, I am fairly sure he is facing legal trouble relating to basically running a real estate flavored ponzi scheme. So I mean he is a real estate guy rofl, and I think his general concern is valid.... its nearly certainly just him doing his own PR.
100 year mortgages are already a thing in Japan. Generational wealth? LOL - let me introduce you to generational debt.
https://www.sciencedirect.com/science/article/abs/pii/1061951895900047
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Renting clothes? Honestly, this wouldnt surprise me either.
Unironically, I would lease all my kids clothes from like 3-8 years old. Wouldn't think twice about it. That's a solid idea.
My son has outgrown THREE pairs of shoes this year. Kid grew a foot and gained like 20 pounds.
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Neofeudalism is the goal of capitalism, always has been.
I feel like the purported capitalism that's run rampant for centuries is just an extension and rebranding of the OG feudalism. Always thought that.
Very true, been touting this for years. The rich tricked the peasantry into helping them take over the aristocracy. Now we have less legal protections than a medieval serf.
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Or…perhaps…instead of 100-year mortgages we learn from the French and start separating heads and wealth from the 1% that are trying to own everything so they can rent it to us.
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Is this real, or satire?
Yes.
It's a rip from cassette days when there were dire warnings of "Home taping is killing music. And it's illegal". There were some concerns about home sewing doing the same thing but even the doom sayers knew it was kind of lame to make too big a stink about. Now it's more a call to arms to diy.
An early precursor of the "you wouldn't download a car" PSAs. Funny how the arguments never change.
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In Montreal, ~~Québec, 0.045% of the population own over 30% of residential properties.~~
Edit: actually that's 0.46% of property owners own 32% of rental properties in Montréal.
Source (French)
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I keep saying this, companies want a lifeline to your wallets.
But nobody wants to listen.
companies want a lifeline to your wallets.
And they also turn around and refuse to pay anyone enough to be able to afford things. It's wild.
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Everyone loves a planned economy pretending to be a free market. It just happens that the plan of the US economy is to give alllll the money and assets to a small selection of political sugar daddies.
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I'm going to sit down with Mom and get a refresher course on sewing. I can make simple stuff.
I have made clothing patterns in Autocad and printed them out on a plotter before. Going to pirate some pants.
You wouldn't download pants...
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I mean... we are kitty corner from straight up feudalism.
Edit: Protip: Feudalism is Anarchy where the top dogs are really abusive about asserting their dominance.
they United States Federal government holds the note on my house. I'm paying 1% interest. for 33 years.
it's a pretty sweet deal.
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says we might even rent out clothes
With today's fast fashion churning out clothes with shorter and shorter lifespans combined with our cultural love of replacement over repair, we basically already do.
I always find it amazing that people actually give a fuck about fashion and don't just wear what they like. I don't get it, fashion is supposed to be a statement about yourself, not about the company that made your clothes. Wear a T-shirt and jeans, wear cargo pants, wear whatever you want because you're supposed to be making a statement about who you are, not who a company wants you to be.
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If this happens...anyone want to be a ter---uh rebel?? silently lights up cocktail
Do you want drastically increased theft? Because that's how you get drastically increased theft
Yes, they do. They will then increase the punishment saying it’s to discourage more (proven not to work) so they can arrest people for long periods and have their legal slave labor.
Somebody's been reading Snow Crash again.
you can already rent tuxes and wedding dresses, for years now tho??
Used to be, you about had to rent. Now it's cheaper to own both items.
Just got married last month. Bought my wife's dress for ~$160 and my (second!) tux set for $110. And we looked fly as fuck.
Buying clothes ain't the thing. Capitalism worked great on some fronts! Buying a home is the thing. And capitalism failed hard on others.
Young people got straight fucked on that, and you should be rioting in the streets.
You look like an Irish mob boss who runs a 24/7 soup kitchen and sends his enforcers to guard union strikes. I mean this in the best way.
Damn you guys look fly as fuck...
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I will kill myself if life ends up this bad.
If you're already prepared to die, take out a massive summit of the fuckers that have made things so bad while you do it! Put the fear of the people back in them.
No thanks.
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The thing is, if everyone rents homes, then there will be a ton of political pressure to fix pricing. Of course the system is so broken that there's no guarantee of real change, but it could happen.
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Because our money is worthless and all the wealth is in the hands of people we'll never even see bc they live in the modern equivalent of castles? But hey at least we can finance cheap useless mass produced shit from overseas and feel so bougie
If renting clothes becomes the norm, I'm renting self defence weapons for the inevitable riots
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What a load of crap. “if these data points I cherry picked hold to this trend in a straight line forever” blah, blah, blah. By the way, buy my book
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