Consumers aren't choosing frugality, they've been forced into it.

@isaac634

21 күн бұрын

Shows you how out of touch these guys are…

@debbieframpton3857

18 күн бұрын

I was not forced into being Frugal it's just been a way of life for me for many years I prefer to have cash in the bank then a bunch of junk I don't need. No credit card debt for me

@enthused7591

17 күн бұрын

First time since 2007 as well. Math is a LOT worse this time though. This housing bubble is 45% larger relative to the amount of money people actually make than 2007. When a fixer upper 3-bedroom costs $325,000 but the identical home was literally $160,000 at the PEAK of the bubble in 2007 you know we're about to fall off a cliff like the world hasn't seen before.

@slowery43

5 күн бұрын

Reality and truth are very rarely ever found on Yahoo, Barron's, Jim Cramer, Fortune mag...

Why do they keep bringing up pandemic money/savings? That money was gone a long time ago. We are 4 years out already 🙄

@saffrons12

19 күн бұрын

They act like it was $50k or something. $2k paid my rent and put gas in my car.

@debbieframpton3857

18 күн бұрын

Mine is still in the bank used it for some CDs

@peterdangelo5882

11 күн бұрын

Another talking point, much of that money was gone within 6 months. Getting ready to fall apart - should be a wild ride.

@Spacemonkeymojo

8 күн бұрын

Smoke and mirrors and gaslighting.

@brmadden895

6 күн бұрын

A lot of economic factors precipitate downstream effects. The government injected north of $800 billion into the economy in 2020-2021. A year or so later, the world began to have problems with inflation. That money is not "gone". You might not have it in your possession anymore, but the currency is still in circulation.

When staying home to cook with and for your own family is seen as a "warning sign" you know your country has lost the plot. Talk about 1st world problem.

@Aeorocks

20 күн бұрын

You're so right! I have friends overseas who, if they can't make food that day, they don't eat. They only go out to eat for holidays and birthdays. We have become way too accustomed to having everything done for us, and when we have to do something ourselves, we are doomed.

@psylee8687

19 күн бұрын

1st world? Where?

@CroisMoi

8 күн бұрын

I went to a birthday lunch yesterday and the place was almost empty. Cheesecake Factory. The prices were so high, and the quality so low. Restaurants are cutting corners and they are not worth it.

We know. We knew that four years ago. People were baking their own bread. But what’s really killing the economy is price gouging by these same companies…. They’re getting record breaking profits on the back of struggling world

@AcmePotatoPackingPocatello

20 күн бұрын

Monopolists control prices.

@anonymousf454

15 күн бұрын

Gallon of Great Value Distilled Water today at Wal-Mart... $1.34, used to be $0.88. That is insanr

"The economy is fine" 5 minutes later... "Please stop trying to save money, it's damaging the economy"

A few months of not buying fast food or any frills by 40% of us will show corporations where the power lies. They have kept us divided and arguing over things that ultimately doesn't matter. Talk to your neighbors, build your communities.

@debbieframpton3857

18 күн бұрын

I enjoy eating out two to three times a week

@jayg6434

17 күн бұрын

@@debbieframpton3857 people are too lazy to cook at home but ok to eat junk food outside 😂

@bentonja668

16 күн бұрын

Corporations don't care what we do. Corporations are not dependent on us like we think they are...

@bentonja668

16 күн бұрын

The idea that "the people" have any say or power economically is propaganda and brainwashing.

If oil barrel prices are going down why are the prices at the pumps going up

@That.Lady.withtheYarn

21 күн бұрын

Greed

@rxlemon-lime2335

18 күн бұрын

FTC just brought a case, Oil CEO's COLLUDING WITH FOREIGN OPEC OIL MINISTERS.

@slowery43

5 күн бұрын

They will miraculously go down just before eletions

I’ve always been frugal, but I’m getting even more frugal as the prices of things go up. For example, I’ve mostly quit buying fast food and I don’t eat out much anymore. The prices and lack of quality made that a easy choice. Of course, groceries are not cheap, but there’re cheaper than eating out.

We're broke, man.

Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.

@TitaAnderson

23 күн бұрын

With the US dollar losing value to inflation and other currencies gaining traction, uncertainty looms. Yet, many still trust in the Dollar's perceived safety. Worried about my $420,000 retirement savings losing value, I seek alternative security for my money.

@marlisamirabal

23 күн бұрын

With my demanding job, I lack time for investment analysis. For seven years, a fiduciary has managed my portfolio, adapting to market conditions, enabling successful navigation and informed decisions. Consider a similar approach.

@softy-bf5eg

23 күн бұрын

this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation

@marlisamirabal

23 күн бұрын

“Angela Lynn Shilling’’ is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

@softy-bf5eg

23 күн бұрын

I appreciate it. After searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.

Everyday Americans struggling with affording basic goods, while our government sends 30 billion tax dollars to Israel.

@flyhi2773

16 сағат бұрын

Plus Ukraine, foreign aid and heck knows what else. Illegal migrants. UK same.

Mention the growing population of homeless, the ultimate frugality

You should always be frugal.

@bentonja668

16 күн бұрын

The migrants replacing Americans in the workforce and economy are frugal.. Americans? Not so much.

2 weeks to flatten the curve....still in economic damage 4 years later

Food Monopolies raise prices, smaller packages, still maintain 4% growth yoy. The NOW into the FUTURE. What happens when political system is bought off ? ... Nothing .

We're cutting back everywhere, no more eating out and my wife is taking an extra part-time job. Just trying to keep our heads above water here, that's all we can do.

The numbers are being skewed so that GOV doesn’t have to admit the country is in a recession. This will be like the ‘08 recession. GOV will recalculate numbers a few years later; then, admit the true state of the economy.

@MrNiceGuy500

23 күн бұрын

We are being lied too big time

@flyingcee

22 күн бұрын

Well, the fact is that the vast majority’s life has been better in the last couple of years then ever before

@FaintAura

22 күн бұрын

@@flyingcee source: just trust me bro

@TroyHanson-ch6nm

22 күн бұрын

We are long past a recession its called a depression now. Open your eyes pay attention

@ChrystalFitness

22 күн бұрын

@@TroyHanson-ch6nm you are absolutely correct. We have been a recession for 18 months, incidence with traditional numerical tracking…that is pushing us to a current Great Depression.

I really hope this means housing prices will come down.

Why do you want rate cuts so badly in such a "hot" economy?

@That.Lady.withtheYarn

21 күн бұрын

Because it easier to blame inflation that companies admitting to price gouging.

@nickvin7447

20 күн бұрын

@@That.Lady.withtheYarn Companies are not "price gouging" genius, costs are up due to government spending.

I am paying off my house and getting rid of the extortion insurance. FEMA is to blame for THAT. I have cut back to 2 meals a day 5 out of 7 days a week.

@missdesireindependance5194

9 күн бұрын

Tornado activity is increasing. Protect your investment.

Since covid we've been eating alot of rice and beans, and not those fancy canned beans. Dried beans we cook in our pressure cooker. Throw in some vegetables and that's dinner.

Raise interest rates to be higher than inflation. We need 27% interest rates

Ty for doing a review after a full year

I shifted toward frugality , and austerity , because of the change from moderate inflation stil 2019 , but the begining of 2020 with the six trillions of dollars given away to every citizen , big corporations , it shifted from moderate to rampant inflation .

America is currently plagued by the hydra-headed evil duo of inflation and recession. The worst part about this recession is that consumers are racking up credit card debt. In April alone, credit card debt went up 20% while rates have doubled in a year. Inflation is so high that consumers are literally taking debt for basic life necessities. Collapse has indeed begun..

@donna_martins

18 күн бұрын

Every day we have a new problem. It's the new normal. At first we thought it was a crisis, now we know it's a new normal and we have to adapt. this year will be a year of severe economic pain all over the nation.. what steps can we take to generate more income during quantitative adjustment?I can't afford my hard-earned 180k savings to turn to dust

Weird way of saying the economy sux...

The shopping malls going down in the 2010s didn't cause a recession.

The consumer is pretty bad off 😢😢😢

I budget

All economies, at any point in time, are dealing with uncertainties. The future is always uncertain… Rosenenberg predicted a deep recession for the 2nd half of 2023. Where was it??? So much about the pundits. At a certain point a recession will come, no doubt - the only economy where there is “never” a recession is the managed, autocratic/populist economy, because that is in a constant recession and people get used to constant bad times. If there is no comparison with good times, then the bad time becomes the baseline. E.g. like in Russia…

Pandemic prices still persist!

@myday2704

20 күн бұрын

2 weeks to flatten the curve = 4 years so far...

Just go out and look at the shoes on the peoples feet . The holes in their good jeans . In the line at the store with just one thing .

i agree to be frugal

Health, homeowner's, and auto insurances will bleed your savings--if you have a chronic illness all your assets will go to hospitals and other healthcare costs. With all these catastrophic storms you can expect your homeowner's insurance to REALLY rise in price, or you may get dropped and will be forced to get a much higher policy.

Dude has the stillest, deadest eyes I've ever seen on here.

@BoomBurster

23 күн бұрын

Bro looks like one of the banking goblins from Harry Potter

@Iquey

20 күн бұрын

Bruh it's just the blue/grey eyed german stare 😂

Why are you calling this an “alert”? The graphic in the lower corner of the screen is super distracting 👎👎

@Anonymous-wb3nz

20 күн бұрын

Grow up.

I’m pissed

@slowery43

5 күн бұрын

Oh NOOO! The litle Princess is pissed! Everyone quick alert the press, tell everyone you know that Ryan is pissed. Are you always this dramatic seeking some attention cupcake? You need a hug or some warmed milk?

mark

🤑🤑🤑💸💸🤑💸🤑💸🤑

Yeah as a senior what do you do? IRAs will be getting a correction, my pension is on shaky ground, you can’t trust you will be getting all of the SS you were promised, Medicare is shaky. But…. You need to plan for your retirement. How???,?

@debbieframpton3857

18 күн бұрын

I'm 70 I'm not worrying

Gov & World EconF Policy: Frugality! I choose you! Hit the peasants with poverty and frugality blast!!! Fruggggal~ Fruggggal~

Why cut back when Bidenomics is here to save us?

@Sparky-ww5re

11 күн бұрын

😂😂

Maybe price gouging backfired?

We could just vote Trump and be done with Bidenomics

@pinkcrayon1382

20 күн бұрын

I'll pass. I am glad my personal financial choices have not left me so desperate that I would be willing to sell my integrity and basic decency (not to mention Democracy) for the false HOPE that I could save a few bucks on groceries or a tank of gas.

@cherylT321

19 күн бұрын

@@pinkcrayon1382 Good points!

@katharenchamberlain5721

19 күн бұрын

@@pinkcrayon1382 Amen!

The economy is strong, the GDP is positive! People continue to spend, but these folks that hope for doom & gloom keep getting it wrong. Don't allow these folks with political-agendas to throw you off.

@mnrichards100

22 күн бұрын

You’re clueless

@johnjohn-gt4eg

22 күн бұрын

@@mnrichards100 he must be talking about Russia and China

I am not buying anything besides food , water , utilities, mortgage, hygiene necessities and of course XRP at 0.55 cents for $5k and wait for 8 yrs

Late-stage capitalism at work. Unless we get a doubling of the minimum wage, pride controls on food, as well as government supports for home ownership it's not going to get better.

@jellyfrosh9102

18 күн бұрын

Nice trolling bro, 9/10

Who wrote this, big capitalism?

Todays America = late 1980's Soviet Russia