[Humdizzle]

economy in the gutter
-dollar is weak, wages are stagnant, material goods/cars/houses are all overpriced.
-fed raising interest rates to curb inflation, so loans are tougher to get.
-gas/oil is up due to the ukraine stuff
-401k and investments are a dumpster fire currently
-then add to it the long delay on anything related to the chip shortage. (in a culture of instant gratification)

it all cycles though. just gotta ride it out. remember 2 years ago when crude oil price went negative and people lost their mind? now its $100+ per barrel.

[Humdizzle]

Originally Posted by TSII

^^^ actually the Dollar is not weak.

you're right, compared to other currencies its fairing much better.

[Esteban]

Originally Posted by aguywalksintoabar

I blame dopamine burn-out. We live in a world where reward is instant. A you want it and want it now kind of world. Gone are times where people might build up to something. Like saving $20 a month to buy an awesome pair of sneakers at the end of the year. As there is no working toward something it's all on a short-fuse. Add that to a pandemic and it's been a bit of a rollercoaster. COVID-19 has fucked everybody in some way. Rich or poor. So when people don't get what they want they flip out. Quickly. Then you also have people who have a chip on their shoulder. What's the point in taking life so seriously? Nobody gets out alive anyway.

That last statement makes me think of this Doors song.

[cmyx6go]

Originally Posted by Humdizzle

economy in the gutter
-dollar is weak, wages are stagnant, material goods/cars/houses are all overpriced.
-fed raising interest rates to curb inflation, so loans are tougher to get.
-gas/oil is up due to the ukraine stuff
-401k and investments are a dumpster fire currently
-then add to it the long delay on anything related to the chip shortage. (in a culture of instant gratification)

it all cycles though. just gotta ride it out. remember 2 years ago when crude oil price went negative and people lost their mind? now its $100+ per barrel.

Strap yourselves in for the ride. I don’t want to get political but a recession is coming. Trucking rates are plummeting, which means demand is down. Demand is down because people can’t afford to buy stuff. The trucking industry always feels the downturn first.

[rebekahb]

Originally Posted by DETRoadster

Haven't really noticed any of the epic public meltdowns you see captured on social media.

Just go stand near the Spirit check in desk at the airport