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re: How close do you feel we are to a full societal collapse as a nation?
Posted on 2/13/24 at 10:31 am to mmmmmbeeer
Posted on 2/13/24 at 10:31 am to mmmmmbeeer
quote:
This is a perfect example of too much media intake.
By nearly every measure, the US has gone gangbusters since the pandemic. China is currently in the shitter with no easy way out. Europe is still battling inflationary pressures. The DOW and S&P have hit record highs, inflation is back near where it's supposed to be, GDP is showing strong growth, employment has been incredibly strong, the dollar remains the dominant global currency. Is it all unicorns and cotton candy? No, but we sure as frick aren't on some edge of economic disaster, especially when compared to the rest of the world.
Oh, and this isn't a political thing. Congress hasn't done a fricking thing for the last few years. Our economic wins are a result of the non-partisan Fed handling things correctly, consumers consuming, and businesses growing.
Everything here is spot on but the economic woes in other parts of the world will, if continued, cause problems in the US. China, in particular, is a bigger problem today for the world than it has been in recent history.
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