{"id":19908,"date":"2025-12-03T16:50:19","date_gmt":"2025-12-04T00:50:19","guid":{"rendered":"https:\/\/social.coldstreams.com\/?p=19908"},"modified":"2026-01-03T10:08:47","modified_gmt":"2026-01-03T18:08:47","slug":"the-financial-idiocy-on-x-is-off-scale","status":"publish","type":"post","link":"https:\/\/coldstreams.com\/social\/2025\/12\/03\/the-financial-idiocy-on-x-is-off-scale\/","title":{"rendered":"Financial idiocy on X"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"462\" height=\"754\" src=\"https:\/\/coldstreams.com\/social\/wp-content\/uploads\/image-304.png\" alt=\"\" class=\"wp-image-19909\" srcset=\"https:\/\/coldstreams.com\/social\/wp-content\/uploads\/image-304.png 462w, https:\/\/coldstreams.com\/social\/wp-content\/uploads\/image-304-368x600.png 368w, https:\/\/coldstreams.com\/social\/wp-content\/uploads\/image-304-165x270.png 165w\" sizes=\"auto, (max-width: 462px) 100vw, 462px\" \/><\/figure>\n\n\n\n<p>This is how loans work &#8211; since your principal is high, you are paying more interest. As the principal goes down, the interest portion drops. You can take out a shorter duration loan or pre-pay principle at any time to push this down.<\/p>\n\n\n\n<p><a href=\"https:\/\/x.com\/MatrixMysteries\/status\/1995912597984665627\">MatrixMysteries on X: &#8220;An American buys a $784,000 home with a $5,700 monthly mortgage. After 4 years and $285,000 paid, only $50k hits the principal. $230,000 is PURE interest. Over 30 years she\u2019ll pay $1.6M for a $784k house. This isn\u2019t \u201chomeownership\u201d \u2014 it\u2019s usury. https:\/\/t.co\/RDVshCMz5u&#8221; \/ X<\/a><\/p>\n\n\n\n<p>Another &#8220;financial expert&#8221; says we need incomes of $200k to nearly $300k to live comfortably in the United States:<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"493\" height=\"685\" src=\"https:\/\/coldstreams.com\/social\/wp-content\/uploads\/image-306.png\" alt=\"\" class=\"wp-image-19917\" srcset=\"https:\/\/coldstreams.com\/social\/wp-content\/uploads\/image-306.png 493w, https:\/\/coldstreams.com\/social\/wp-content\/uploads\/image-306-432x600.png 432w, https:\/\/coldstreams.com\/social\/wp-content\/uploads\/image-306-194x270.png 194w\" sizes=\"auto, (max-width: 493px) 100vw, 493px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Read the Community Notes correction &#8230;<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,352,42],"tags":[],"class_list":["post-19908","post","type-post","status-publish","format-standard","hentry","category-in-practice","category-misinformation","category-social-media"],"_links":{"self":[{"href":"https:\/\/coldstreams.com\/social\/wp-json\/wp\/v2\/posts\/19908","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coldstreams.com\/social\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coldstreams.com\/social\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coldstreams.com\/social\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/coldstreams.com\/social\/wp-json\/wp\/v2\/comments?post=19908"}],"version-history":[{"count":1,"href":"https:\/\/coldstreams.com\/social\/wp-json\/wp\/v2\/posts\/19908\/revisions"}],"predecessor-version":[{"id":20179,"href":"https:\/\/coldstreams.com\/social\/wp-json\/wp\/v2\/posts\/19908\/revisions\/20179"}],"wp:attachment":[{"href":"https:\/\/coldstreams.com\/social\/wp-json\/wp\/v2\/media?parent=19908"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coldstreams.com\/social\/wp-json\/wp\/v2\/categories?post=19908"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coldstreams.com\/social\/wp-json\/wp\/v2\/tags?post=19908"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}