How long till the economy collapses?

[Anonymous]

Had trouble making a reservation for two for dinner yesterday (a Monday) in NW DC at somewhat high end places. I couldn't believe it! Doesn't seem like people are cutting back there yet.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Really, what are the predictions. Egg prices are already insane. Everyone is already cutting back expenses over fear of the future. People are being fired left and right. How long do you give it. Government programs aren't getting funded (farms, schools etc...) causing a ripple down across the country. How long till people not paying attention see it?

Democrats slaughtered most of America’s chickens. Next, please.

What other prices have skyrocketed?

Yawn. https://www.bbc.com/news/articles/c3d57zm9m0po

[Anonymous]

Anonymous wrote:

Anonymous wrote:Really, what are the predictions. Egg prices are already insane. Everyone is already cutting back expenses over fear of the future. People are being fired left and right. How long do you give it. Government programs aren't getting funded (farms, schools etc...) causing a ripple down across the country. How long till people not paying attention see it?

Democrats slaughtered most of America’s chickens. Next, please.

What other prices have skyrocketed?

You can try to ignore everything in front of you, but the economy is looking increasingly bleak and it has nothing to do with the previous administration

[Anonymous]

Anonymous wrote:

Anonymous wrote:Is today the beginning? Stocks are cratering.

It’s predominantly because of Walmart.

I think the stock market will be volatile but ok for a bit. Wall Street is betting on Trump making things better. It’s going to take it a bit to realize he may break things in a not-easily-reversible fashion before he does them any favors.

At the same time, the broader economy is showing signs of weakness and Walmart issuing a weak forecast reflects that. I read a month ago that Wall Street was predicting a favorable earnings season and I am not sure it’s going to turn out that way.

The key here is will he be able to reverse it? I think not likely. How is he going to get Americans, Canadians, Europeans to trust him and Vance after this? It will be restored when they’re gone, but is Congress going to be willing to push them out?

[Anonymous]

Anonymous wrote:Had trouble making a reservation for two for dinner yesterday (a Monday) in NW DC at somewhat high end places. I couldn't believe it! Doesn't seem like people are cutting back there yet.

Most feds are not high earners. Sure the DMV will feel the impact of this slash and burn on the federal workforce. But likely not the high end restaurants. Lobbyists are still going strong.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Had trouble making a reservation for two for dinner yesterday (a Monday) in NW DC at somewhat high end places. I couldn't believe it! Doesn't seem like people are cutting back there yet.

Most feds are not high earners. Sure the DMV will feel the impact of this slash and burn on the federal workforce. But likely not the high end restaurants. Lobbyists are still going strong.

+1000
The people who got fired are making 100k a year. DC is filled with wealthy diplomats dining out on their country's dime, lobbyists and rich senators and their mistresses. It will take a while, if ever, to hit the DC high end restaurant scene.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Had trouble making a reservation for two for dinner yesterday (a Monday) in NW DC at somewhat high end places. I couldn't believe it! Doesn't seem like people are cutting back there yet.

Most feds are not high earners. Sure the DMV will feel the impact of this slash and burn on the federal workforce. But likely not the high end restaurants. Lobbyists are still going strong.

+1000
The people who got fired are making 100k a year. DC is filled with wealthy diplomats dining out on their country's dime, lobbyists and rich senators and their mistresses. It will take a while, if ever, to hit the DC high end restaurant scene.

it's also billionaires like Musk who have descended on DC that are still wining and dining.

Fired Feds should go work at those places, and ...

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Had trouble making a reservation for two for dinner yesterday (a Monday) in NW DC at somewhat high end places. I couldn't believe it! Doesn't seem like people are cutting back there yet.

Most feds are not high earners. Sure the DMV will feel the impact of this slash and burn on the federal workforce. But likely not the high end restaurants. Lobbyists are still going strong.

+1000
The people who got fired are making 100k a year. DC is filled with wealthy diplomats dining out on their country's dime, lobbyists and rich senators and their mistresses. It will take a while, if ever, to hit the DC high end restaurant scene.

it's also billionaires like Musk who have descended on DC that are still wining and dining.

Fired Feds should go work at those places, and ...

Don't you mean just whining?

[Anonymous]

https://www.reddit.com/r/fednews/comments/1iy6i7n/the_shit_is_flowing_down_now/

[Anonymous]

Here's an example of the kind of person living in a DC penthouse whole making money off taxpayers:

https://www.the-independent.com/news/world/americas/crime/cory-mills-assault-police-investigation-b2703992.html

[Anonymous]

Why is my 401k/investment portfolio crashing?

[Anonymous]

Anonymous wrote:Had trouble making a reservation for two for dinner yesterday (a Monday) in NW DC at somewhat high end places. I couldn't believe it! Doesn't seem like people are cutting back there yet.

They were probably closed on Monday.

[Anonymous]

Many diplomats have left the country recently. Anyone else notice it?

[Anonymous]

Anonymous wrote:Had trouble making a reservation for two for dinner yesterday (a Monday) in NW DC at somewhat high end places. I couldn't believe it! Doesn't seem like people are cutting back there yet.

So, let me get this straight - you were trying to make a restaurant reservation and was surprised others were also making reservations. Aren't you special

[Anonymous]