More like the rich getting richer,,the poor getting more and more free money,,and the middle class footing the bill for all of it.

"I believe that banking institutions are more dangerous to our liberties than standing armies," Jefferson wrote. " If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around(these banks) will deprive the people of all property until their children wake up homeless on the continent their fathers conquered."

Thomas Jefferson

Can someone confirm that the boss has taken measures to ensure the site stays up and running if there is a collapse? That’s really all that matters.

So what is it going to be?

- Fed raising interest rates
- Housing market slow down
- Auto market slow down
- Inflation...
-War in Ukraine

You may be in the camp that there isn't going to be a collapse, or you may be wondering why it hasn't happened already...

Since this whole thing started, I've always said there is one very fragile thing, that will start this economy spiraling down hard, and nobody is talking about it. THIS quite simply, is.... "OT" (Overtime)

Per the attached link, it states that 62% of people are blue collar or (people being managed by other people) as they call it.

I would think a high percentage of these people are not salaried individuals and receive pay at an hourly rate.
So how many years have these people ( myself included) been putting in gobs of OT, a lot!

Those overtime premiums have been paying a lot of peoples car payments, house payments, rent payments, etc...
When the OT is gone, what are they going to do?
So the way I see it, the economists are so concerned with the unemployment rate, but it starts way before that...

I see it in the company I work for. Hiring has stopped and OT has dropped dramatically in the last two months, and people are NOT happy...
So in a nutshell, in these current times, people don't have to even loose their jobs just their OT and the effects are going to be catastrophic!


https://www.quora.com/How-many-blue...r-workers-are-there-in-the-United-States

A lot of smaller wage jobs only allow for a 35 hour week,

Wut?

Another issue will be when federal student loans payments have to be made again.

They have been on a pause with no interest or payments due since March of 2020. Supposed to start 60 days after a decision is made on the Forgiveness.