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by satvikpendem
994 days ago
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> The US economy is a complete dumpster fire for those of us worth less than seven figures. Not sure what you mean, you can invest in VTI, wait 30 years, and hit 7 figures real. The US economy is stronger than almost every other economy on the planet and is so even for the non-rich. |
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Look at the risks a poorer person in the US has to contend with, many of them life-ending expensive, as well as the difficulty of finding places to live that offer decent job markets, services, amenities, and are affordable.
Life here can get really ugly for people that are well above the 'poverty line'. That's not to say it's really the overall economy making things hard for them, but more like microeconomic constraints. However, that's the lens they see the economy through.