The economy is actually bad

Lexington Steele

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Said 12-15 years from now is going to be an interesting time that we as a socieity will enter.
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"May you live in interesting times."

No thanks, buddy. :francis:
 

Pazzy

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It was already happening though :francis:

COVID was one of the main culprits.

I saw this coming 5 years and with Biden aka mr wall street and one of the most corrupt is running the ship sealed the deal. For the past 3 years, the biden administration has been LYING about the status of the economy amongst other things. Folks having no choice but to speak up.
 

Lexington Steele

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"But the GDP!" :damn:


People with health insurance may now represent the majority of debtors American hospitals struggle to collect from, according to medical billing analysts.

House bill to make US healthcare costs transparent unlikely to bring down prices
Read more


This marks a sea change from just a few years ago, when people with health insurance represented only about one in 10 bills hospitals considered “bad debt”, analysts said.

“We always used to consider bad debt, especially bad debt write-offs from a hospital perspective, those [patients] that have the ability to pay but don’t,” said Colleen Hall, senior vice-president for Kodiak Solutions, a billing, accounting and consulting firm that works closely with hospitals and performed the analysis.

“Now, it’s not as if these patients across the board are even able to pay, because [out-of-pocket costs are] such an astronomical amount related to what their general income might be.”
 

The Intergalactic Koala

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:francis: Yeah we are in a depression, its just being not expose due to political reasonings. Everywhere I go, I have seen businesses becoming blight, food shortages, and raising prices.

Covid fukked us to the point there's no other way, but a different economic approach, adapting to the AI overlords, or revolution which lmaooooo, Coli brehs can't even wash their asses on time :mjlol:
 

¯\_(ツ)_/¯

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:francis: Yeah we are in a depression, its just being not expose due to political reasonings. Everywhere I go, I have seen businesses becoming blight, food shortages, and raising prices.

Depression is consecutive negative GDP growth and high unemployment which hasn’t happened.

People are spending, traveling, and seeing increased wages. But sectors of the economy (housing, renting, lending, etc.) are the negative side to the economy.

Covid fukked us to the point there's no other way, but a different economic approach, adapting to the AI overlords, or revolution which lmaooooo, Coli brehs can't even wash their asses on time :mjlol:

It’s getting better just slowly have patience.
 

The Intergalactic Koala

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Depression is consecutive negative GDP growth and high unemployment which hasn’t happened.

People are spending, traveling, and seeing increased wages. But sectors of the economy (housing, renting, lending, etc.) are the negative side to the economy.



It’s getting better just slowly have patience.

True. I see it more as adjustment to the changes of the workplace, along with the rising cost of product. It will probably be a afterthought of how messy the economy is once tax season hits, where everybody and their marsupials are spending their refunds on shyt.

Meanwhile, I'm just trying to pay off bills and hope for the wife to get a car, since she got into two damn wrecks courtesy of the great drivers of Koalabama.
 

Lexington Steele

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Depression is consecutive negative GDP growth
We've had that and then the goalposts were moved.

and high unemployment which hasn’t happened.
Those numbers are nonsense. Look outside. Look under the highways. Look in the parks. Those people in tents are not employed. Driving for UberEats is not a career.

People are spending
Thanks to price gouging, people have no choice but to spend more.

:smugbiden:"Everything's actually fine, don't believe your own eyes!" isn't going to work in November.
 

Lexington Steele

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The people telling you the economy is great do not know the prices of the staple foods you buy to feed your family. They either have enough wealth that they never need to think about that price tag or they have servants doing all the shopping for them.

Maybe I should put it this way: YOUR economy is actually bad.
 

The Realist Perspective

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"But the GDP!" :damn:


People with health insurance may now represent the majority of debtors American hospitals struggle to collect from, according to medical billing analysts.
House bill to make US healthcare costs transparent unlikely to bring down prices
Read more

This marks a sea change from just a few years ago, when people with health insurance represented only about one in 10 bills hospitals considered “bad debt”, analysts said.

“We always used to consider bad debt, especially bad debt write-offs from a hospital perspective, those [patients] that have the ability to pay but don’t,” said Colleen Hall, senior vice-president for Kodiak Solutions, a billing, accounting and consulting firm that works closely with hospitals and performed the analysis.

“Now, it’s not as if these patients across the board are even able to pay, because [out-of-pocket costs are] such an astronomical amount related to what their general income might be.”

The medical industry is a complete joke and scam. I don’t pay anything I don’t want to anymore. :yeshrug:
 
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