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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Are people so programmed to root against Trump that they’ll go out of their way to downplay positive news?[/quote]

Are people so ingrained in a cult that they cannot look critically at information to understand the actual state of our economy?[/quote]

In general, Americans are stupid with finances. They used to buy a house with a 30 year mortgage in your 30's, keep it and raise a family, pay it off, and then cash out at 60ish and downsize.

Now people use their house as an ATM through a HELOC, blow out any equity they have and live in high debt year-to-year. They flip their house every several years to keep up with the Joneses and take out 96-month loans on the Eurosedan all with the expectation they're gonna work until they're one-hundred.

People are not just stupid, they're f'n stupid.  :)

https://www.marketplace.org/story/2025/06/09/more-older-americans-continue-to-pay-mortgages[/quote]
+1 Also Americans are financing Christmas, with BNPL programs that are no better than payday loans.
[twitter]https://x.com/adamonfinance/status/1995500805030400045?s=46&t=kf1qYlCXQnKgUhJWEIu2vg[/twitter][/quote]

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