There is no recession
https://www.cnbc.com/select/us-credit-card-debt-hits-all-time-high
https://www.cbsnews.com/news/homes-for-sale-affordable-housing-prices
Dont believe your lying eyes , its not a recession if we dont call it one
There is no recession
https://www.cnbc.com/select/us-credit-card-debt-hits-all-time-high
https://www.cbsnews.com/news/homes-for-sale-affordable-housing-prices
Dont believe your lying eyes , its not a recession if we dont call it one
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The past 5 years have been extraordinarily good to me financially. I have no debt, high income, appreciating property. I see none of the struggle people are talking about. I guess interest rates are super high, but that doesn't affect my day to day since I don't currently need to take out any loans -- it only increases my savings earnings.
If there's a recession it's extremely localized. Or more likely we've just never recovered from 2007/8 and whatever crack people were smoking in pretending we did is starting to wear off. Or, actually, it's entirely about consumer inflation.
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As a funeral director its been great for me too, butt my wagie staff has been complaing about raises and shit so I looked into it and things arent as great for everyone else on average.
!slots100
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Inflation has reached insane heights. People are being tricked by "high income" and "my portfolio's doing great!" when in reality everything has lost 25 % of its value in 2 years.
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If your money is in an savings account, its always losing money. Whatever amount the banks are giving you is well below the actual inflation
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