After reading this news story that half of Americans are skipping meals because of affordability and a bad economy, I have to ask how are you all doing out there?

I heard from a real estate agent friend of mine that REOs, i.e. bank foreclosures on home mortgages, are going up like crazy, which is a sign of bad times, like the recession of 2007-08.

I have heard from others about rents not being paid, lack of jobs, etc.

Every day, there’s more news of corporate layoffs, moreso than usual.

I live in the economic bubble of the SF Bay Area, where tech wealth more-or-less insulates me and mine from the most serious consequences of a bad economy, but how are things elsewhere?

  • partial_accumen@lemmy.world
    link
    fedilink
    arrow-up
    9
    ·
    9 days ago

    I hate what trump has done to our brothers and sisters to the north. Our household is a moderate visitor to Canada and bring our money there to spend to help the local economy. This year it was BC and Ontario. Last year it was big spending in Quebec and Alberta. I’m sorry for what our idiot president is doing to your country, and I’m using my vote to combat his actions.

    • TheReanuKeeves@lemmy.world
      link
      fedilink
      arrow-up
      2
      ·
      8 days ago

      Most people understand most Americans don’t want this as much if not more than we do. We’re just disappointed. Not in individuals but more the system that allows this to happen.