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Old 03-05-2022, 12:17 PM
 
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what do you think? I can't imagine all the crap that will soon be sitting on shelves because everyone's money is going to a house, gas, and food
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Old 03-05-2022, 12:21 PM
 
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Yep. But it is what people wanted since they voted for this goof biden. Or so we were told
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Old 03-05-2022, 12:22 PM
 
Location: Downtown Cranberry Twp.
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Originally Posted by Robert9 View Post
Yep. But it is what people wanted since they voted for this goof biden. Or so we were told
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Old 03-05-2022, 12:25 PM
 
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I didn't feel that one at all. I had my own business and did fine. But now? I'm not optimistic.
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Old 03-05-2022, 01:11 PM
 
Location: Flyover part of Virginia
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https://www.city-data.com/forum/econ...l#post62804106
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Old 03-05-2022, 01:15 PM
 
Location: Florida
10,448 posts, read 4,034,271 times
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Originally Posted by Robert9 View Post
Yep. But it is what people wanted since they voted for this goof biden. Or so we were told
Eh, this was going to happen regardless. Agenda 21, the great reset, the New World Order, you will own nothing and be happy........... Funny, some of us been saying this since 9/11. We were called conspiracy theorists, told to put the tin foil hats down, etc......
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Old 03-05-2022, 01:41 PM
 
Location: A Nation Possessed
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Yes. Compounded by other, even worse, things.
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Old 03-05-2022, 02:09 PM
 
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Why are we in for a depression? Unemployment down below 4%. Stock market is healthy. GDP up 7%. In a depression, prices go down, not up.

I know you repugnicans are desperately hoping for a recession, so you can blame Biden.
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Old 03-05-2022, 02:12 PM
 
45,676 posts, read 24,000,087 times
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Originally Posted by DorianRo View Post
what do you think? I can't imagine all the crap that will soon be sitting on shelves because everyone's money is going to a house, gas, and food
Any day now right?

Demand for goods is surging...beating pre-pandemic levels....a slow down would give supply chains a chance to catch up.

(Have you tried to buy an appliance - year wait for many of them).
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Old 03-05-2022, 02:15 PM
 
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Our economy is dependent on consumer spending on services.

The consumer is facing extremely high costs for essential items like shelter, food, and energy.

So the amount of money leftover to spend on services is decreasing rapidly. At that point the consumer will take on debt trying to maintain their current quality of life.

That can only go on for so long until everything blows up.
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