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NonPC

(405 posts)
1. Read Between the Lines
Wed Nov 1, 2023, 06:43 PM
Nov 2023

Let's see

1 -- The used housing market is almost dead due to 8% mortgage rates. Rents are at an all time high.
2 - Gas prices are still high, with many people driving big SUVs
3 - Companies are reporting that their revenues are becoming flat (even with price gouging consumers)
4 - Credit card debt at an all time high, and rising
5 - Companies refusing to raise salaries or hourly rates
6 - Fed not giving away free interest money any more to the Wall Street titans
7 - National debt and deficit at all time highs, and Congress basically shut down
8 - Foreign governments pulling back on purchase of US Treasury bonds
9 - Only platform Repugs can agree on is cutting taxes for the rich. Wealth inequality getting worse, not better.
10 - Stock market Price-to-earning ratios are still 150% of historical norms
11 - Healthcare spending out of control
12 - Gun ownership out of control
13 - Mental health funding needs being ignored
14 - Artifical Intelligence (AI) on its way to corrupting news, film making, writing, human occupied jobs, etc
15 - Media controlled by money grubbing corrupt sociopathic fat cats.

And oh yes, global warming is accelerating, with no real efforts being made to slow it.

How is this going to turn out well for the majority of our population?

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