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Weekly Rant - The Gender Gap will be a Financial Disaster

A new global gender divide is emerging (archive.is)

Some interesting research has come to light in the article linked above. The basics of the research shows that Gen Zers and those under the age of 30 are being divided politically. The males are leaning conservative, and the females are staying and going liberal. The story above talks specifically about the US, the UK, Germany and South Korea, but these are global trends. 

The temptation the article presents is to contribute these ideological differences to the #MeToo movement and its explosion of feminist thought. That seems a bit too simplistic though I don't doubt the #MeToo movement played a significant role. For me I cannot help but think this divide is the result of spiritual atrophy. 

Men and women are marrying less and raising families less. They are becoming more and more staked into their own cultures (Which the article points out). The culture of men in today's social media driven world is far different from the culture of women. Men in general have a desire to be heroes, protectors, providers and even conquerors and the rhetoric from the right side of politics is attractive to young men. Women on the other hand, in general, are natural nurturers and are agreeable in character. The rhetoric from the left of open borders, MeToo, and anti-racism are attractive to the default character of women. Hence why white women were the ones who ultimately decided the election in 2020. Trump was far too crass and Bien seems agreeable on camera.

Okay, great sociology lesson but that is not why your read this newsletter. You came for some sort of financial news, right? Well, this is as big of financial news as I can think of. If the sexes do not come together because we have been divided by social media and political ideology, then that means there is going to be a bunch of single people running around engaging hookup culture and diving headfirst into consumeristic society. As I mentioned a while back, this is great for the financial health of a society in the short term, but in the long term it will be disastrous. We already cannot keep the replacement rate where it needs to be. That is babies being born compared to people dying. Future generations will struggle, because a workforce will be depleted.

Not to mention that if the sexes do not reconcile, the rates of depression, anxiety, and suicide will only get worst. Want a recipe for mental health disasters, then get people to live solely for themselves and convince them that more things and more money will fill the void that loving relationships were meant to fill. 

All and all this gender divide is nothing new, though it is nice to see it in a well laid out graph. The Devil is savvy when it comes to the destruction of human kind. Create the divide, limit the creation of families, and attract with short term gain to distract from long-term disaster. The greatest economic strength a nation can have is an strong and intact family-oriented culture.

Top Stories

• The typical names of Big Tech, Meta, Microsoft and Uber all reached all-time highs and that sent the market up, up and away. The companies that have built their profits off of the abstract are sending an economic system to new highs that is based in 1's and 0's. Just curious, are there any readers of this newsletter that have remained with me that still believe the market is a good and not a nefarious thing?

• FanDuel parent company, Flutter lists on the NYSE. So, you can now bet on professional athletes giving them more fuel to perpetuate the already established culture of idol worship through a system that enables an abstract economy to flourish. Who could possibly see anything wrong with that?!

• There is a big real estate crisis in the world's second biggest economy. China has so many vacant homes that not even it 1.4 billion population can fill them. This of course is a product of the culture of death that the modern world has embraced along with dismal economic policies being forced on its population by the CCP. China Evergrande is a giant developer in Asia, and they have been ordered to liquidate since they have over $300 billion in debt.

• Elon Musk revealed that the first human test subject has received a brain implant from his company Neuralink. These brain implants are meant to help those with paralysis and a host of other neuron related problems. The possibilities of this technology are seemingly endless and pretty scary.

• Amazon Prime is introducing ads and it is a bit behind the game since Netflix and Disney+ have had ad tiers for a while. The streaming disruptors have now essentially become cable. The streaming business model just does not work without ads. It is too expensive to produce high quality original content and the subscriptions alone are not cutting it! Cable is not dying; it is just taking on a different form.

• Many think that home prices will climb as mortgage rates have now fallen to 6.3%. Funny how I just used the word 'fallen' to 6.3% when in 2020 when I bought my home I got a 2.9% interest rate. It shows how rough the last 3 years have been.

• Market rate cuts may not be coming as fast and in a hurry as some investors had hoped at the beginning of the year. At the start of 2024 the thought was that as many as 7 rate cuts would come from the Fed. But now that the data from the first month or so is in, Goldman Sachs and other Big Finance players think there will be more like 3-5 rate cuts. This is because Hourly earnings, payroll, and GDP are all on the rise.

• Check out this video from our friends in Davos. The World Economic Forum is great at looking important and concerned but listen to what they say in this video. Statement #1) We need to build trust with the people. Why did you lose it in the first place? Let me guess...disinformation on twitter by the big bad orange man? Statement #2) AI needs to be controlled. Okay, by who? Statement #3) Poverty anywhere is a problem to prosperity everywhere. This is true, but what has the WEF done about it? Has what they done helped? Statement #4) We need to train people to have green skills. Say I buy into the climate hysteria, can you guarantee that the billion plus people governed by the CCP will buy into these trainings? How about India? Statement #5) Diversity leads to Success. What kind of diversity? Skin Color or Skill Set? Sexual Orientation or personalities? Videos | World Economic Forum (weforum.org)