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This economy looks like shit (hexbear.net)

submitted 1 week ago by Assian_Candor@hexbear.net to c/chat@hexbear.net

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Had a beer with a friend this weekend who works in car rentals. Says numbers are way down. Auto manufacturers don't want to sell cars to rental fleets because they're already having trouble moving inventory to new buyers and don't want a flood of late model second hand cars.

Clean energy, one of the few growth sectors in the US, was unceremoniously shot as part of BBB. They're cutting huge chunks from the government.

Inflation looks like shit. 12 pack of coke is 10 fucking dollars (who cares I'll keep drinking that garbage). My household has certainly pulled back as have many others. And tariffs haven't started to bite yet.

Housing markets are frozen in the south. saw a piece out there this morning that AI capital investment contributed more to GDP than consumer spending.

BLS numbers were so bad Trump shot the messenger. This is only the beginning as well, three and a half more years to go. And then we get Buttigieg I guess? There's no way out.

What are you folks seeing out there? Lets gather up our anecdata

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[–] SuperZutsuki@hexbear.net 61 points 1 week ago (1 children)

It really sucks shit to see the collapse so clearly and be unable to do anything about it. Like I'm strapped to a table and a circular saw is moving towards me at 1cm per day. I just see death and destruction in the future and nobody will give a shit until their specific treat stops flowing.

[–] Beaver@hexbear.net 46 points 1 week ago

I don't have the heart to tell my SO that I'm learning to garden in earnest because I'm worried about our long-term food security.