Many respondents believe the US economy is already in dire straits, the poll found
More than four in 10 Americans believe the country is heading toward a complete economic meltdown within the next decade, according to a new poll.
The survey, released by YouGov on Wednesday, shows Americans are more worried about the economy than potential threats to the democratic system or the prospect of civil war.
42% of respondents said it is very or somewhat likely that there will be “a total economic collapse” in the next 10 years, while a smaller share, 38%, described this outcome as unlikely.
Financial anxiety ran much higher among Democrats, 53% of whom feared an economic breakdown, compared with just 28% of Republicans.
10 years is optimistic
Don’t we always fear this and rightfully so because every 10 years we have an economic meltdown now?
Is that how Weeks is spelled now?
Damn Joe Biden.
I hope that was snark, because if not? Damn. Just damn.
Oh please. This is a direct consequence of Obama wearing a tan suit in 2014, any kid understand this.
Yet still keep their savings in S&P 500
As opposed to what? Under your mattress? Gold? Real estate? Foreign exchanges are a joke compared to NYSE.
Even in a collapse, SP is still your best hope. And that’s also why the market doesn’t react much anymore to doomscrolling news: there aren’t any real alternatives.
Well you can just buy VXUS instead of VOO, if talking about ETFs. But yeah, as you’ve mentioned, there are more financial instruments besides stocks too. If the US economic collapse were indeed to happen as per article, holding any non-US assets would have been better
Lmao you think the us economy wont drag the global economy down with it. You know the old saying “when US sneezes, EU catches a cold”, that’s why nobody but you buy vxus instead if voo
Republicans have no idea how the system works (worked). Of course they don’t realize what we’re doing will cause collapse.
Fear is a strong word for it though. I feared it for the last 6 or 7 years. Now I know it’s the only way. The only way out is through it. If any amount of suffering enables us to quit bombing small children, then bring it.
Am I worried about me and my children surviving? Yes, but I’m worried the rich will eat us either way. I hope we do it smart, and organize, and move en masse while the oligarchs are weakened.
Yes but their reasoning differs based on political preferences.
🤞
We don’t know what all these assholes in the halls of power and finance are up to, but we know it ain’t good.
In 2015, I used to say “A vote for trump is a vote for total system collapse.”
Glad to see I was right.
In 2024, in this very group, I told people voting for Trump is voting for more genocide over there AND genocide over here…
Are you, though?
Signs point to no, but it depends what the outcome is in 5-10 years. Each time it swings one way too far, the result is the other way going even further. If this swings super hard left we could see an end to the GOP functionally… which I can’t imagine happening but anything is possible if the left resurgence is strong enough.
The fallout for this to happen though really requires the administration to fall even further, which everything points to.
Quit thretening me with a good time
That’s when the pedofile parasite class siphons all the wealth. It’s by design
Almost half of all Americans fear a total economic collapse. The other half are looking forward to it.
At least trans people can’t use a public john, and dangerous books are being kept out of libraries. That’s the important thing. /s
At least my kids are being kept dumber than a fence post.
Fear?
I hope it does
Many respondents believe the US economy is already in dire straits, the poll found
and here was me briefly thinking they were reforming :)
an old Kenny Evertt joke, when he introduced them on his show, “many people say the country is in Dire Straits but today, Dire Straits are in the country”. The first time I heard Roller Girl.
and a “Lemmy” side note, first time I saw/heard Motherhead was when they did Ace of Spades on his show
