re: Car dealers have so much backlog, some 2022s are "new"

quote:

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Earlier this year it was that most Americans had no ability to pay a $15,000 emergency.

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Recently there was a thread on how the male suicide rate has been spiking particularly among old men.

The conclusion was that it was because of woke-ism constantly attacking them through every outlet. But I think the real reason is debt or a lack of savings. When you're young you can dig yourself out of a financial hole, sacrifice comforts or make lemonade out of lemons. That doesn't work when you're older and some of these older people without a safety net are reading the economic handwriting on the wall.

At some point you realize it's too late to start over - there's no fixing this and things will always get worse. So the choice becomes live under a bridge and eat cat food as your body painfully withers away without medical attention or take the fentanyl way out. Even people with children who would take them in as helpless wards don't want to be that burden. It's sad but we need to do a better job of teaching personal finance and the benefits of retirement planning in school.