Seems like since the summer of this year things are getting slower.

  • CSCAnalytics@alien.topB
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    1 year ago

    Credit debt is at an all time high.

    People laid off from corporate positions are having difficulty finding work.

    People are starting to realize their lifestyles are unsustainable, especially when income is lost.

      • CSCAnalytics@alien.topB
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        1 year ago

        That has absolutely nothing to do with the current state of the economy.

        Nobody is thinking about carbon dioxide output when they are deciding between a Big Mac or eating a burger at home.

        Maybe .01% of the population.

    • Hats_back@alien.topB
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      1 year ago

      Don’t know about you but even on the payment plans and very affordable schooling/program… restarting student loan payments has absolutely drained my “disposable income.”

      Naturally, I will not be able to go out and buy anything frivolous from and company for… the foreseeable future? Minimum 5-10 years lol. Consolidating all my money to the big grocery stores, student debt, and rent…. Rent.

      Yeah make that 25-30 years if I ever want a house…

    • bobbywright86@alien.topB
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      1 year ago

      Why is corporate undergoing major layoffs? I have friends who have worked in director/executive positions for 20+ years and so many have suddenly been let go this year

      • CSCAnalytics@alien.topB
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        1 year ago

        Interest rates were quadrupled to 8+% after being NEGATIVE (relative to inflation) for 12 years going back to the beginning of Obama’s term.

        You can thank the Fed.

        • LivingAd7057@alien.topB
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          1 year ago

          You can thank inflation. You can thank a decade of near free money. Raising interest rates is the Feds only tool to curb inflation.

          • jmizzle@alien.topB
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            1 year ago

            You can thank inflation.

            Which the fed is significantly responsible for via over a decade of quantitative easing.

            Raising interest rates is the Feds only tool to curb inflation.

            This is 100% incorrect.