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Don't worry, this is just the beginning, but I'm sure this recession will soon become a GREAT depression.
the greatest most spectacular depression you have ever seen. Let me tell you folks. You have never seen depression this deep or this hard. They used to be jumping out of buildings but now they will be jumping out of spaceships.
Good thing this won’t ever spread to other counties.
Actually I think it will spread to all counties in USA.
If you think your county is safe, you are naive.
I don't think it will spread much to other countries either. USA already did their worst with the tariffs, but this is not like a financial crisis where other countries lost money just as much as USA did.
This is USA alone, and USA alone will be clearly the hardest hit by their own stupidity.
I definitely think the US will be a testing zone for neo(?)-fascism. Other countries will see just how much they can get away with. You can already see countries testing this by raising retirement ages— One of the first indications of a failed country. The smaller countries are probably the most susceptible to this, they don’t have the resources to prevent neighboring fascist countries from bleeding into theirs.
Raising the age of retirement is because the population is getting older and healthier. Another issue where USA is failing compared to basically the rest of the world.
There are many countries with less than half the wealth of USA that have better life expectancy and where people are more healthy at higher age.
Denmark is among the most notable on retirement age, increasing it to 70 over the next decade.
And Denmark is probably among the least fascist countries in the western hemisphere. Nazism is legal here, so they are not specifically hiding, and police and media know where they are headquartered, and we only have about a handful of them.
So, humorously, I looked up the distance from my US city to Pensacola Florida — where crazy reaches 100%. I also looked up the distance between Copenhagen and Warsaw—where crazy is also.
Me: 3700 km
You: 670 km
So, to give you some perspective on how far crazy is from me vs you.
If Denmark could afford to keep the retirement age lower, they would. “You have to work longer” is just pure capitalism.
You sound like an ML, but shilling for the EU—and… capitalism? There’s lots to unpack here.
You’re welcome to think you’re untouchable in Denmark, but the rest of us know better.