|
|
|
|
|
by wand3r
318 days ago
|
|
Yes, sorry I misremembered. That was under 35. Its around 50% for people under 45. I am just pointed out the trends. I am not even sure what I mean by collapse, but maybe some sort of revolution or war. Most of society does not believe in the american dream, does not believe hard work is enough to succeed, we are seeing crazy amounts of inflation, government services are being cut, housing is WAY outpacing inflation. It's dangerous to have a society with 18-30 year old males unemployed, single and completely disillusioned. AI will almost certainly completely destroy the job market. What will happen in the next 10 years? Certainly something most of society would consider horrible, but is that a "collapse"? |
|
We had two bad years, 2021 and 2022, and then it's declined. It's not stellar, it'd be nice if it were lower but it's not "crazy". In US history, the 1970s and 1980s were overall far worse, and if you look at other countries around the globe our worst isn't even that crazy.
https://www.investopedia.com/inflation-rate-by-year-7253832
https://data.worldbank.org/indicator/NY.GDP.DEFL.KD.ZG?locat... - Argentina. That's crazy amounts of inflation, and that's not even the worst out there. Meanwhile, Argentinian society is overall doing alright.
If the US collapses with 3% inflation, then it wasn't the inflation that caused the collapse. Something else is fundamentally wrong with a society that can't be resilient against that.