RandAlThor@lemmy.ca to News@lemmy.world · 2 months agoAmerica is ‘going broke slowly’ says J.P. Morgan, as national debt balloons and tariff revenue looks shakyuk.finance.yahoo.comexternal-linkmessage-square50linkfedilinkarrow-up1481arrow-down18cross-posted to: economics@lemmy.world
arrow-up1473arrow-down1external-linkAmerica is ‘going broke slowly’ says J.P. Morgan, as national debt balloons and tariff revenue looks shakyuk.finance.yahoo.comRandAlThor@lemmy.ca to News@lemmy.world · 2 months agomessage-square50linkfedilinkcross-posted to: economics@lemmy.world
minus-squareAssassassin@lemmy.dbzer0.comlinkfedilinkarrow-up54·2 months agoWhat the fuck else are we supposed to do when wages are completely stagnant and everything is getting more expensive by the day?
minus-squareFiveMacs@lemmy.calinkfedilinkarrow-up15·2 months agospend everything on protection without starving.
minus-squareredsand@lemmy.dbzer0.comBanned from communitylinkfedilinkEnglisharrow-up3·2 months agoWhen you expect bank runs and inflation you don’t save money you spend it on assets or survival and debt becomes meaningless.
What the fuck else are we supposed to do when wages are completely stagnant and everything is getting more expensive by the day?
spend everything on protection without starving.
When you expect bank runs and inflation you don’t save money you spend it on assets or survival and debt becomes meaningless.