Thanks Democrats! Great job, GDP 1.6%.
All that massive spending, giveaway’s, money printing, debt, high interest rates, excessive regulations, and all the other absurd policies of the democrats!
2 Likes
Oh, y’all thought we hit rock bottom already?
3 Likes
When I look down the road…I do NOT like what I’m seeing. There are so many economic areas just teetering on collapse. If one fails, the domino effect will be released and the potential damage is scaring the ■■■■ out of me…it really is. I am a conservative and am always preparing for the worst but this potential economic wave of destruction IMHO…is huge.
2 Likes
anyone who buys their own groceries (ie, with their own money not yours) will know the state of our economy. period
3 Likes
Any day now. 12 years of predictions. Hyperinflation, economic collapse, recessions.
Any day now.
2 Likes
How is the commercial rental income going in NYC and other major metro markets since many employees have not returned from home due to COVID? Are any of those buildings being financed?
Toys were purchased; RVs, boats, side by sides, etc using free COVID money and the majority were financed. As the economy tightens, what will be the first to go from someone’s assets…wants or needs? Can the bank they borrowed it from afford the loss? If so, how much?
1 Like
Horrendous prices were paid on used cars during this time when new car inventories greatly declined. Today, those inventories have been replenished and the value of those used cars sold have declined greatly. Many owe over $30,000.00 more than they are worth today. What will happen when someone realizes that for the next 5 years…$700 per month they are paying is just being wasted? Did a bank finance that car/truck/SUV? How much of a loss can they take?
2 Likes
Credit card debt is at an all-time high.
2 Likes
Our national debt is over $35 trillion dollars. What percent of a generated tax dollar is wasted on just servicing this horrendous debt? The answer is almost 40%.
Check out the current value of the stock market and compare it to the low during COVID.
That’s called remote work. NYC is doing better than most other big cities with commercial real estate but supply still outpaces demand.
BAM…there it is. “We” are in trouble whether or not you understand that.
There what is? the immediate economic collapse that the right talks about every time some indicator goes down
When that indicator is up it’s either fake or lagging or inapposite.
It’s a pretty cool way to go through economics.
2 Likes
Believe me when I tell you…I hope I’m full of ■■■■ . 
1 Like
I’ll be there to scoop up a boat or three.
3 Likes
I’m hoping for acreage up in the mountains with a nice dwelling that the wife and I can escape to.
2 Likes
We will escape on a boat. Escape the people, escape the winter.
Fun fact: lobsters in the Bahamas don’t have giant claws. You can yank them right out of the ocean with your bare hands. 
2 Likes
