this post was submitted on 10 Sep 2023
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I haven’t seen anything specifically as a “trend” but I’ve had a growing amount of paranoia that our entire economy in the US is on the verge of collapse. We keep pushing bigger profits and infinite growth so shareholders who contribute absolutely nothing to society can make more money but that money comes from somewhere. We can’t just magically make more money (we could but there’s multiple reasons we don’t. It doesn’t work out). It comes from the working class. And that working class isn’t getting raises but prices keep rising. I feel like it’s a giant bubble and when it explodes things are going to get really bad. I think people will actually die because we are on an economically unsustainable path and no one cares because everyone wants money now and doesn’t want anything else.
I’m pretty terrified of whats to come.
I see a lot of people say stuff like this and I feel like I'm just waiting around for the collapse yet it keeps not happening.
It kinda reminds me of growing up religious and people being very sure the world was gonna end any minute now and of course it never did.
Don't forget that it has basically infected most of the world too !
People are getting raises though. We recently left a long period of stagnated wage growth.
My last raise was less than $2k/year. Our CEO got a raise of $50k… inflation has turned my “raise” into a loss. They’re throwing Pennies at everyone hoping they think they’re getting millions. Don’t fall for it.
Only.because a million people died of the plague, and housing costs and greedflation has Aten it away
Wait until you learn about the falling rate of profit! Oh I'm so excited for you!