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Interesting CNBC clip with different perspectives on how people are struggling with the skyrocketing costs of housing, healthcare, insurance, education and food.
Because the money they earn wont go far. That is what happens when globalist/secret cabal have control over the money supply, make more from nothing and spread amongst themselves, all while everyone else has to pay interest to this group in order to get some of that new money. After they jump through a bunch of other hoops that cost a lot of money also.
Because the money they earn wont go far. That is what happens when globalist/secret cabal have control over the money supply, make more from nothing and spread amongst themselves, all while everyone else has to pay interest to this group in order to get some of that new money. After they jump through a bunch of other hoops that cost a lot of money also.
????
Why does everyone want to get this "new money"? What is wrong with the old money.
Interesting CNBC clip with different perspectives on how people are struggling with the skyrocketing costs of housing, healthcare, insurance, education and food.
Sorry, I wanted to try to be understanding, but I couldn't continue watching after the lady in red said she was struggling with $100K a year household income.
For starters, maybe not obtaining cars that cost $1,600 per month would help. Having the financial headroom to put $500/mo. away for her child's college education is not struggling. That is just old fashion savings. Plus, if the kid is a legit college student- academically superior and resourceful- he/she will be able to get by all on their own, anyway.
To me personally, it feels like living around my socioeconomic-class, lower middle-class and below, is many times a hugely sketchy experience...............feeling poor due to this dynamic, yeah, kinda.
To break-out of this situation, and live amongst more refined and decent people, is a
very large hill to climb...............not impossible, but really hard.
PS: To be honest, living amongst a higher-income demographic is something I have never done, so they just might be as "difficult" to live around as the ones I have lived around
all of my life.........boomcars, screaming, snarling dogs, garbage-flinging, tweakzombies, and all the other nonsense included.
Sorry, I wanted to try to be understanding, but I couldn't continue watching after the lady in red said she was struggling with $100K a year household income.
For starters, maybe not obtaining cars that cost $1,600 per month would help. Having the financial headroom to put $500/mo. away for her child's college education is not struggling. That is just old fashion savings. Plus, if the kid is a legit college student- academically superior and resourceful- he/she will be able to get by all on their own, anyway.
Spot on correct! That is exactly where i stopped also.
I always find it amusing when parents feel they need to save for their kid's college. If the kid doesn't have the brains and resources to pay their way, they really don't belong there.
We feel poor, because we are poorer. The cost of everything is rising, so we are forced to cut expenses of things we can control, because the things we can’t control, like insurance, taxes, rents, are going up.
As retired people, we are used to looking for ways to cut back every year, but I do not know how families with kids, or young people just starting out are making it.
When I first got married, mothers stayed home, a big new house cost $34k, and an annual income of $12k was enough to be comfortable. I know everything is relative, but something is seriously out of proportion these days.
We feel poor, because we are poorer. The cost of everything is rising, so we are forced to cut expenses of things we can control, because the things we can’t control, like insurance, taxes, rents, are going up.
As retired people, we are used to looking for ways to cut back every year, but I do not know how families with kids, or young people just starting out are making it.
When I first got married, mothers stayed home, a big new house cost $34k, and an annual income of $12k was enough to be comfortable. I know everything is relative, but something is seriously out of proportion these days.
Part of that "something" is that REIT's and flippers have taken over various aspects of the RE market, driving rents and prices far beyond what most people can pay. They started out in some markets taking advantage of job booms that created increased demand, but now they're spread across the country into other markets, other RE sectors, like mobile home parks and storage facilities. This has been going on under the radar for about 30 years, and people are only now beginning to recognize the problem.
How the Pharma industry was allowed to get away with predatory pricing, making basic prescriptions like inulin unaffordable to most is beyond me.
Part of that "something" is that REIT's and flippers have taken over various aspects of the RE market, driving rents and prices far beyond what most people can pay. They started out in some markets taking advantage of job booms that created increased demand, but now they're spread across the country into other markets, other RE sectors, like mobile home parks and storage facilities. This has been going on under the radar for about 30 years, and people are only now beginning to recognize the problem.
How the Pharma industry was allowed to get away with predatory pricing, making basic prescriptions like inulin unaffordable to most is beyond me.
We live in a free market system. As long as people still pay the rents, they won’t come down. As long as the pharmaceutical companies can keep making money, they will.
One thing that is really worrying me is foreign countries buying up land in America. I can’t reconcile my belief that a person should be able to sell his property to the highest bidder, against the worry about control by the Chinese and others.
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