Reply to How long till the economy collapses?

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[quote=Anonymous][quote=Anonymous]2/3 of the economy is consumer spending. That's all you need to know. The shit hasn't hit the fan yet and people are ALREADY pulling back. This is all you need to know. When their paychecks stop, from mass layoffs, then they cash in their 401Ks if they have one. For the people who lose medicaid and SNAP, which are mostly WORKING PEOPLE WHO GET 1099s or are seasonal workers, they will be on church and local food lines. And this will look like 1930. Make no mistake, DOGE, mass firings WILL cause a pretty swift recession. And potentially a massive depression. Go take a trip to Newport and tour one of the Robber Barron's mansions. Some day, in the not too distant future, you will be touring Ira Rennert's mansion. This is how it ends folks. Oh, and the USA as the beacon on the hill, will be the laughing stock as they align with Putin while the EU fills the vacuum. Trump has driven everything he has ever touched into bankruptcy. The US will be no different. I'm thrilled that I have an EU passport, I wish I had gotten it before my kids were born. They don't have it. I can leave and probably will. [/quote]
Good for you, PP. [/quote]

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