chat

8453 readers

302 users here now

Chat is a text only community for casual conversation, please keep shitposting to the absolute minimum. This is intended to be a separate space from c/chapotraphouse or the daily megathread. Chat does this by being a long-form community where topics will remain from day to day unlike the megathread, and it is distinct from c/chapotraphouse in that we ask you to engage in this community in a genuine way. Please keep shitposting, bits, and irony to a minimum.

As with all communities posts need to abide by the code of conduct, additionally moderators will remove any posts or comments deemed to be inappropriate.

Thank you and happy chatting!

founded 4 years ago

MODERATORS

EmmaGoldman@hexbear.net

ZoomeristLeninist@hexbear.net

SexUnderSocialism@hexbear.net

Sulvy@hexbear.net

136

This economy looks like shit (hexbear.net)

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

50 comments fedilink hide all child comments

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

you are viewing a single comment's thread
view the rest of the comments

[–] Des@hexbear.net 28 points 1 week ago* (last edited 1 week ago)

what happens if everyone is placed into a tight little false reality bubble and told everything is great? and every job loss, layoff, price spike, etc is just a personal failing or a personalized "dynamic price scheme"

the whole economy could collapse and everyone could just be tricked into thinking it's their own fault and they should just curl up in a ditch.

like legitimately we can't be more then a year or two from this being easy to pull off. forced "deaths of despair" but done en masse and weaponized, yet another tool in the exterminationists kit.

but yeah we have been in emergency mode for some time now. only spending on absolute necessities. prepping in various ways. only doing work on the house that will keep our home insurance from dropping us, so just exterior work cash only with a recommended handyman. interior remodel is low priority. our former guest room is just plastic shelves with shelf stable food, MREs, rice, beans, etc.

my sector (retail grocery) is still humming along, doing record sales, but we are being told no more OT and no work orders. my partner is in trucking and still making money but they are the top driver at their small co. (super safe and efficient) and get the best runs. so shit feels weird, waiting for the hammer to drop

been wondering how much longer power grid stability will last in the States.