Random
Only logged in members can reply and interact with the post.
Join SimilarWorlds for FREE »

Economic doom and gloom story..But is it true?

Poll - Total Votes: 8
The American economy is toast and its going to hurt me..
Nothing to see here folks. Its all good..
Show Results
You can only vote on one answer.
This is just another of those "American Economy is Toast" AI generated clips. Some facts I know to be real. Some I am not so sure. I am interested any ANY points of view based on personal experience of what is happening in America today.. I am NOT interested in pro or anti left or right comments, which will be deleted.. This is about the economics. Not the politics.. "Just the facts, Ma'am" 😷
[media=https://youtu.be/oMoXTCW77b4]
This page is a permanent link to the reply below and its nested replies. See all post replies »
Tastyfrzz · 61-69, M
Taxes and insurance are the big hitters. The national debt is unsustainable. Yes, we can print money but it becomes worth less and less. I am retired so i have what i have. I can reduce some spending. I can move up north and live a bit more cheaply. Medicare is going to hit next year and that will be another unavoidable expense.
whowasthatmaskedman · 70-79, M
@Tastyfrzz Yes.. All of the above. Plus there is the hollowing out of any pension funds you are a member of. If they invest in T bonds or something like commerical real estate with falling values..😷