I think the same thing. Wondering how people are getting by. I think the food banks have become a bigger and bigger thing. At the Y I go to most of the time they started up a food pantry and it specifically says there is no income requirement or checking or any of that. That wasn't there a couple years ago.
Then the leave some stuff out in the main lobby that says free and it might be tomatos or something and i will walk by and grab a couple.
Also I think a lot of people are way upside down on their car notes. I didn't even know 7 year car notes were a thing but it seems to be more and more common and i have seen videos of people talking about how they rolled their old car note into a new one on trade in type stuff and were paying $1,100 / month for a Kia or something.
People are in a bad spot and have been doom spending for years now.
I don't know how much longer this house of cards can continue until a gust of wind comes along. 🌬
RE: A Lot Of FOMO Traders Are Becoming Trench Meat 🍖 🥩🙈