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LOL. This made my day.

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The retards they have to hire to even have enough bodies to work trades these days makes soybeards look like gods.

Turn in your white collar, you'll probably make 55k a year even on an apprenticeship in the communist part of the country your in. My 2 cents, GL BigGuy.

Don't recall the reasoning I was going with, but I recall that it was solid. Basically "trust me bro."

But aside from that, consider this:

If we're gonna hit a deflationary bust, (and I'll explain why in a bit), those dollars have to go somewhere.
In deflation all the cash the corporations are holding will increase in value. This will raise stock prices, which will outrun demand for stonks.

Where does the money go when the bonds are going to shit?

hard assets.

This might seem like an obvious take, but realize that it jibs with what we already knew, and what many of us have been saying for a while. The dollar takes a shit, the money has to go somewhere.

If the model of the u.s. is fascism (not 'muh antifa ebil fascism', but the proper definition of the merger of state and corporations), then the most dire issue the regime faces is the collapse of the ability to pay entitlements and pensions.
Naturally thats denominated internally, in real dollars, or purchasing power parity, somewhere along the line, even if not directly.

Basically the regime has to ask, be it hyperinflation, or deflation, how much bang for their buck can they actually get? Because if it starts affecting the bottom line of the pensioners, of the unions (public and private), or the network of major cities and their legions of overpaid public and private 'servants', what are they supposed to do?

Increase taxes.

That or somehow increase demand.

This may or may not be a secondary effect of the earlier lockdowns destroying demand. Now they have to bring demand back. Remember all the 'demand has never been higher talk'? Naturally whatever the regime writes, assume the opposite.

One way of increasing demand is flooding the economy with dollars, making everyone temporarily 'cash rich' by corporations by hard assets, and consolidating. Do it on a large enough scale, and you get the greater sucker theory all over again. Which, now that I think of it, strongly suggests china is closer to a collapse situations than the u.s.
This is counter intuitive, because being a u.s. native, and on the right, we're inundated with messages that china is strong, and the u.s. is weak, and the u.s. is gonna collapse (true), and china might someone encroach on us. But if you look at everything I just wrote, and let go of the u.s. centric view (doomsaying), it explains why all the hodl'rs hording cash fervently comment on zerohedge about "cleanest dirty shirt" theory.
But this is a wild-ass aside, where was I?

DEFLATION

So the premise is that the u.s. can't pay interest. If we can't pay interest, our bonds drop to zero in bankruptcy.
Thats doomsday.

Take your pick: the-end-of-the-world-as-we-know-it or the-end-of-the-middleclass-as-we-know-it. For a washington insider, thats an obvious decision, the latter.

So we lower interest rates. Suddenly holding lots of dollars doesn't make sense. Holding bonds doesn't make sense (even though, under any other conditions, it should. Reputation of the usd blown, oh well). Where do these dollars go?

Toward stimulating demand. Suddenly its a sellers market, even under inflation, as topdown institutional demand outstrips bottom up flow of supply. Shorter time windows mean hotter short term assets.

And what do we see in equities and bonds? Shorter term bonds are hot. Thats your red flag.

And if thats true we'll see either a big boom in new construction (because the demand is artificial, so why wouldn't the regime be like "muh jobs numbers have improved!"), and/or potemkin village style cheap-as-fuck infrastructure and in-demand construction like cardboard housing to answer the "muh housing crisis" created by unlimited immigration/financial speculation.

Remember, before dismissing the long-term "current state of affairs" for some new radical outcome, always ask how they could possibly take the current context (financial speculation in real estate) and make it ten times worse to kick the can some more.

I don't really understand why I understand this, or how I know this, the explanation just makes sense, and it came out of the blue while I was thinking about a response to your question.

Fucking rain man apparently. pardon me, I gotta go watch wheel of fortune.

Did you enjoy the type of work, even with shit location and stupid policies?

Good luck finding something somewhere to fill your $20k gap, this time of year is pretty shit for anything immediate and long-term.

What I'm saying is that in NYC if you are only making 55k you need to gtfo of there. Between the cost of living and taxes you'd be better off ANYWHERE else. Pack your shit, call your mother and take another job anywhere else.

I understand, it's where your "from", your people are there, everything is familiar, you know your way around etc etc, but 55k in NYC is not living, it's slave labor. GTFO of there.