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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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[–] llama@lemmy.zip 14 points 1 week ago (1 children)

And even if you did wanna spend money on things, what would there be to buy? Everything is the same as it was five or even ten years ago.

[–] Crikeste@hexbear.net 11 points 1 week ago

I’ll admit, the ‘things’ I like to spend my money on are largely collectibles or things of that nature. Hot Wheels, for instance. So there’s pretty much always “new” stuff out there, but I just have flat out not been buying anything like that.

But I do get what you mean. I have a computer that’s 8 years old and it can do pretty much whatever I need it to.