I think Europe and America have to come to terms with the GLOBAL economy and its’ wealth distribution. Have you been to Asia recently?
There are so many flaws with this statement. Not only are the numbers wrong, it also pretends like two-income families aren’t a thing.
It’s not like the median income has gone down and while expenses have gone up they are not that much higher. Basically a lot of people have always struggled and it didn’t cause recessions in the past. Poorer people have always been spending almost all of their income on goods and services, that won’t change. If anything even more of their earnings will go to good and services, so that is actually good for the overall economy since 60 percent of the economy is consumer spending.
The bond market is talking. The equity people are out of their minds unless last month was a short squeeze ..
Well, if a few Americans go hungry or bankrupt, As long as we keep those sweet billions flowing to the military industrial complex for wars that aren’t our business.
/s
Jesus fucking Christ this misleading post again? The median worker income for 2023 is $57,000
these economists have been anticipating a recession for years now, much like a teenage virgin boy anticipating a magical threesome. Give it a rest already.. lol
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Nope.
I think Europe and America have to come to terms with the GLOBAL economy and its’ wealth distribution. Have you been to Asia recently?
There are so many flaws with this statement. Not only are the numbers wrong, it also pretends like two-income families aren’t a thing.
It’s not like the median income has gone down and while expenses have gone up they are not that much higher. Basically a lot of people have always struggled and it didn’t cause recessions in the past. Poorer people have always been spending almost all of their income on goods and services, that won’t change. If anything even more of their earnings will go to good and services, so that is actually good for the overall economy since 60 percent of the economy is consumer spending.
The bond market is talking. The equity people are out of their minds unless last month was a short squeeze ..
Well, if a few Americans go hungry or bankrupt, As long as we keep those sweet billions flowing to the military industrial complex for wars that aren’t our business.
/s
Jesus fucking Christ this misleading post again? The median worker income for 2023 is $57,000
these economists have been anticipating a recession for years now, much like a teenage virgin boy anticipating a magical threesome. Give it a rest already.. lol