Many respondents believe the US economy is already in dire straits, the poll found
More than four in 10 Americans believe the country is heading toward a complete economic meltdown within the next decade, according to a new poll.
The survey, released by YouGov on Wednesday, shows Americans are more worried about the economy than potential threats to the democratic system or the prospect of civil war.
42% of respondents said it is very or somewhat likely that there will be “a total economic collapse” in the next 10 years, while a smaller share, 38%, described this outcome as unlikely.
Financial anxiety ran much higher among Democrats, 53% of whom feared an economic breakdown, compared with just 28% of Republicans.
people be like “we don’t hate republicans; we just hate their policies” and i’m like nah fuck that if every elected republican politician died i’d be celebrating.
I mean that still kinda counts, like i haye amazon and its leadership but i dont hate amazon employees/labor
Every day I wake up hoping it’s the day that Donald Trump is no longer politically active. That’s a real earned hate that I actually wish I didn’t have.
Years? Try months. Second year of his first term was when the economy first stumbled.
It’s weird that Republicans aren’t more fearful given that farmers got crushed last year, and fertilizer prices are skyrocketing this year. Both due to the pedophile.
As a farmer who warned my friends and neighbors about this fact during and after the election, the déjà vu of all of this is absolutely not worth the wait. We’ve literally been here before. And it was bad bad.
I’ve never wanted to say “I fucking told you so”
I still don’t.
But here we are. And they still somehow have no idea. Its fucking wild.
The worst part is knowing and being powerless despite it all. The most frustrating ones are the people that see the signs and are preparing. Hell they will probably survive it too. Lick their wounds and trudge on again. But they never once hit the point where they realize their actions are the reason this is happening.
I’m hitting the point where I don’t dread the collapse anymore. In the most nhiallistic of senses, Im starting welcome it. And I’m so damn disappointed that it’s gotten to this point.
MIT stats says it’s less than 10 years. Expects world wide full breakdowns by 2030 due to climate change. You thought the holocaust was bad.
Climate change won’t be the cause, it’s the debt we have been building up for the last 2 decades.
Don’t we always fear this and rightfully so because every 10 years we have an economic meltdown now?
I dont fear. I welcome. And really its my main financial benefit.
As do many who come from nothing or have nothing.
I’m thankful as a Canadian I came from meagre beginnings and my dad was a post-war baby in bombed our London. I have first hand experience in knowing what nothing is.
Let it burn.
I mean, it keeps happening.
And we have to keep watching Boomers live their best lives while knowing we won’t have what they have.
So yeah, the pessimism is warranted.
They have what they have because they produced the best products in the world, and were more than 50% of the worlds GDP. They then offshored all the jobs overseas and the country is living on borrowed money. We are only 24% of the worlds GDP now, so even if we had zero debt, we would have half the life boomers did. The only way we will have their life is convincing the world to lend us money and passing off the debt to the next generation.
10 years? I’m pretty sure 10 months is 50/50 odds at this point…
I have insight to a company that does automotive loans, and the number of people getting offers for 30% APR 84 month 0-down loans (and accepting them) is way too fucking high.
People can’t really afford cars. The US government considers domestic car production so important, that we are practically banned from buying “better” cheaper cars made in China. The auto manufacturers know this and are absolutely chowing down in the captive market. The working class is going to lose reliable transportation, at the same time companies (and the government) are pushing to end Work-from-home options, and there is basically 0 public transportation in the US.
So a lot of people aren’t going to be able to afford the systemically artificially inflated cars to get to their arbitrarily in-office jobs and they can’t reasonably take the systemically hobbled/non-existent bus or train.
Oh, did I mention that we’ve pissed off and mistreated and deported all of the migrant labor that made fresh food widely available and cheap in the US? Oh, and we also emptied critical agricultural water reserves in a smooth-brain attempt to fight a fire 200 miles away. Don’t forget, global shipping and fuel prices are fucked because of a war we decided to start to distract from the fact that the president is practically in the Epstein files more than Epstein himself? So come summer, we’re going to have no food because we have no water and no labor, and importing food is going to be even more expensive? And that’s before the capricious 100%+ tarrifs the president is slapping on everything via a fucking tweet.
Come on… I don’t think I could fuck up running a county this bad if I was actively trying.
You have to be joking, 84 month 30%??
They sell them on the amount someone would pay per payment, tell people for just $400 every other week they too can drive away in their
dreamfunctional car/truck.Its the same idea of the 15 easy payments of $19.99 shit from long ago. Issue is people need a way to work so they justify the cost the same as rent and food (that are also squeezing people).
And just like the subprime crisis in 2007 all it takes is one life event and it all goes off the rails.
Not joking.
they really should be called the trump files…
I hate how right you are. And half the country is going to cheer it on without even understanding. And when things do go to shit they’ll find some minority group to blame it on and their base will eat it up.
They are doing these types of loans with houses too. This is after the bubble popped due to the relaxation of variable rate mortgages. Stop the fucking world, I want to get off.
Republicans have no idea how the system works (worked). Of course they don’t realize what we’re doing will cause collapse.
Fear is a strong word for it though. I feared it for the last 6 or 7 years. Now I know it’s the only way. The only way out is through it. If any amount of suffering enables us to quit bombing small children, then bring it.
Am I worried about me and my children surviving? Yes, but I’m worried the rich will eat us either way. I hope we do it smart, and organize, and move en masse while the oligarchs are weakened.
Well, it is a faith based financial system. Those ignorant Republicans are full of faith. It makes the system strong. Their ignorance might be the cornerstone, holding it all together at this point.
My 401k has lost 7% since the war. Trump has ruined all of our savings and investments. I also have to cancel all my trips cause gas is too expensive.
Have the day 70million wankees voted for.
Yea my retirement account has lost however much. And every single morning I still wake up and will the market to drop like lead.
Unfortunately, it’s being manipulated from the top at this point, and it won’t drop until they’ve all safeguarded their money.
Still votes for trump…
I’m still 90% sure the fucker cheated - hell he even admitted as much right after he ran
Of course he did.
The evidence of Musk knowing the results way before the actual people in charge did clearly is foul play. They even found Musk manipulating votes and the South African immigrant is STILL not behind bars.
They’re dismantling voting systems. Not just the machines, but the actual “systems”. The people counting, how its counted, what’s valid or not, where you can vote, when you can vote, who can vote.
They’re sowing doubt at a rapid pace. Every election that they lose is fraud. Every election that they win is not.
They threatened everybody who was honest. They threatened the counters. They threatened judges. They did Jan 6 and killed two cops and harmed many others.
Let’s not beat around the bush. Trump cheated. Period.
The entire Republican Party cheated with gerrymandered districts, suppressing voter turnout, voting barriers, etc.
No, that’s not how they did it. They only had to change one race in only seven swing states, and he won all of them, a statistical impossibility. In those states, there were MILLIONS of straight Democratic ballots, with Trump at the top. Who does that? Have you EVER met anyone who votes that way? Have you ever seen anyone claim to vote that way on TV? If those people really existed, wouldn’t EVERY news org want to put together a panel of those voters and question them? Where are those people?
I’ll tell you where they aren’t - in non-swing states. Those states had none of those ballots, they were all concentrated in the Swing States.
At the very least, it should have been investigated, but the minute Election Day was over, the Manchurian MAGA comedy act of Schmuck & Jeffries declared Trump’s win “fair & square.” That would make it the first time in his life that he didn’t cheat, and it stretches all plausibility that the ONE time he didn’t cheat, and played it “fair & square,” is the one race he needed to win to keep from going to prison for the rest of his life. THAT’S the one he decided NOT to cheat on?
C’mon, wake up your Critical Thinking Skills, and ask yourself if ANY of this makes sense.
I want to believe you, but I’m going to need sources for those claims about swing state vs non-swing state voters with straight ticket voting save for the presidency.
Tbh the Arabs in Dearborn actually voted that way and let everyone know they did
I wouldn’t have been surprised if he won a few swing states, especially in states like this, with a big Muslim population who was angry at Biden for not condemning Israel Gaza Genocide. But all of them? Impossible.
So Trump lied to them, and the believed him, so they got Trump, and he proceeded to help Israel finish destroying Gaza, and has now unleashed WW3 in the Middle East. And whether they voted for him or not, he’ll eventually send them all the Camps.
The problem is nobody actually cares. A small handful of community leaders so an opportunity to make some money, (maybe even money that could be used to help the people of the community), so they make a deal with trump to help him win.
Yes, he also had musk and ellison and thiel hacking election computers as well.
But every single time someone shakes hands with trump, they sre shaking hands with the most famous child rapist in the world and they dont care because theyre hoping to make some money.
Every world leader needs to call him out, Japanese PM should have said obviously we can’t work with this racist child abuser, as should have Mark Carney and Keir Starmer and Merz and Macron et al et al et al
Like idk what we’re doing as homo sapiens
The conservatives have always hated democracy, see things like Democracy in Chains.
Now they have monsters like Peter Thiel on their side, who knows full well his ideas are not something democratically supported.
Devils advocate here, but we can thank the great great grandfather of the democrats the democratic-republicans for starting gerrymandering. Slimy bastards.
There’s the door, citizen.
That’s a very nice door, is it made of mahogany?
Ask the other side of it. 🤌🏼
Don’t really know what you’re getting at… your assumption on where I’m from and where and honestly why I shall leave based on the original comment I made about old democrats creating gerrymandering (which is true) is rather confusing. You know what they say about assumptions, though.
If he didn’t actually cheat he absolutely openly tried. Fake electors, calling State governors looking for “a few more votes,” the insurrection at the Capitol, etc.
They straight up told us the revolution would be bloodless if the left let it be
Trump supporters used 2020 election lawsuits to gain access to vote counting machines and leaked software online.
The Mueller investigation absolutely proved that Trump’s 2016 campaign gave private polling data to Russian agents, discussed them dropping dirt on Hillary, and proved than Kushner had convos about setting up a private line between the Trump admin and the Kremlin by routing communications through the Russian embassy
Is that how Weeks is spelled now?
That is way too optimistic
Most likely outcome of Iran war, whether or not victory declared, is that GCC will move towards Iran/China orbit and oil trade in BRICS currencies, with defense from Israel as common defensive alliance. https://lemmy.ca/post/62097698
Either the $200B giveaway to military and “allies” bankrupts the US, or losing middle east hegemony does, along with the massive GCC financialization support of US economy. All US allies except Canada rely on gulf more than the US, and US’s Israel only protection focus, means “US friendship” is a liability if not worthless.
Like b43’s GFC, Trump’s covid response disaster (including intentional policy to make covid worse in blue cities), Republicans destroy economy every time. There is a limited capacity, or number of times, to bail out the system and maintain credibility.
I would pick under 10 years, even though the US is very good at extending collapse. The end will be visible soon, even though the GFC created a “premature batch” of doomers. There’s simply no more budget capacity, or pretense of empire strength, that can be credible. Thank Epstein.
$200B is nothing, because with the petrodollar they can just print more. But losing the petrodollar would collapse the US so fucking fast. Petrodollar means sustainable trade deficit, it means they can export all of their crises and let the manufacturer countries (Europe, Japan, China) eat the inflation as they print money. No petrodollar means rapid collapse.
There are already talks about moving away from the Petrodollar. It’s only a matter of time. The world is tired to getting taxed by the US though money printing.
10 years lol?? 10 more WEEKS of ‘iran war’ and we are all fucked!!!
