Europe, at least Western Europe is in decline, and will be overwhelmed by the Muslim invasion in the coming decades. The creation of the grand caliphate of europistan is well underway unless indigenous Europeans do something about it, but they haven't yet; and each year they become fewer and weaker as the invaders outbreed them.
Plenty of stories of Europeans fleeing Europe, haven't found any country, UN or EU collecting or at least publishing the numbers, but it's happening and will likely accelerate.
As I've said many times: when you're on a sinking ship in the middle of the ocean you have three options: try to save it, sink with it, abandon it. As many first world people are starting to realize the futility of saving it, a minority who have the means to do so are abandoning it; the rest will be trapped and sink with it.
In his essay, "Fate of Empires", Glubb defined common phases of an empire's rise to its' fall; during the decline there are often reactionary movements that attempt to go back to better times; these are short lived and futile as once a society/country/empire gets to a certain point of no return, there is no chance to save it...the collapse is inevitable. This is true of all long gone cultures, societies, empires of the past; to think Western Europe, EU, the USA, etc. are immune to this is the ultimate hubris or denial.
enjoy the decline
CashThat took several years to "bounce back" from 2008 if you did not need to use your investments (e.g., retirees); the bounce back from the 1929 crash took even longer - 25 years; most people that retired would be dead before any bounce back.
it's called sequence of returns risk.
that's a lot of cash for years or decadesCash
Some sick bikes itt. I'm too old milquetoast for that. I drive a Subaru.
... it is all related. If people don't have enough money for shelter, food, and taxes... do you think they will have money for guitars and amps?
You can't live in an amp... you can't drive your guitar to work...
I've got 2 guitars on Craigslist priced to sell and not a single bite even though I posted them a week ago.
I think a lot of people are holding onto their money out of concern for what could happen after the election. I can't blame 'em. Food and shelter come first.
Things are probably gonna get bad in America for awhile, so y'all please stay safe.
don't forget ammo.
The gdp has been rigged the last 4 years by using govt spending to raise it... the govt numbers from jobs to inflation has been manipulated and then "revised" for the sake of the election... which you just lost.GDP during Republican leadership has been about half that of GDP during Democrat leadership for the past 20+ years. Republican leadership is historically terrible for production. So if a Republican president is elected, the country is going to perform worse. That's historical fact.
On top of that, what we're seeing right now isn't technically inflation, it's corporate greed. This entire year, inflation has been hovering just about as low as it was pre-covid. Prices keep going up arbitrarily, and companies keep reporting record profits. That doesn't happen when actual inflation occurs. It's not "inflation" causing your groceries to keep getting more expensive.
Another Republican presidency will guarantee even more business regulation is stripped away leaving absolutely no incentive for companies to stop price gouging.
Prices are going to keep rising.
The gdp has been rigged the last 4 years by using govt spending to raise it... the govt numbers from jobs to inflation has been manipulated and then "revised" for the sake of the election... which you just lost.
GDP during Republican leadership has been about half that of GDP during Democrat leadership for the past 20+ years. Republican leadership is historically terrible for production. Under Republican leadership, the country is projected to perform worse.
Good thing I cited the last 20 years then.
It's even true at the state level. 8 of the nation's 10 most federal-fund-sucking states are red. Pretty typical for anybody in the GOP to cry about how awful the government and federal funding is while knowing their states are being subsidized by blue states, which make all the real money.
One example of this corporate greed you speak of?GDP during Republican leadership has been about half that of GDP during Democrat leadership for the past 20+ years. Republican leadership is historically terrible for production. Under Republican leadership, the country is projected to perform worse.
On top of that, what we're seeing right now isn't technically inflation, it's corporate greed. This entire year, inflation has been hovering just about as low as it was pre-covid. Prices keep going up arbitrarily, and companies keep reporting record profits. That doesn't happen when actual inflation occurs. It's not "inflation" causing your groceries to keep getting more expensive.
Another Republican presidency will guarantee even more business regulation is stripped away leaving absolutely no incentive for companies to stop price gouging.
Prices are going to keep rising.
Shit. The democrats have been stopping price gouging???! Wow. Lets all race to the polls to keep these prices...GDP during Republican leadership has been about half that of GDP during Democrat leadership for the past 20+ years. Republican leadership is historically terrible for production. Under Republican leadership, the country is projected to perform worse.
On top of that, what we're seeing right now isn't technically inflation, it's corporate greed. This entire year, inflation has been hovering just about as low as it was pre-covid. Prices keep going up arbitrarily, and companies keep reporting record profits. That doesn't happen when actual inflation occurs. It's not "inflation" causing your groceries to keep getting more expensive.
Another Republican presidency will guarantee even more business regulation is stripped away leaving absolutely no incentive for companies to stop price gouging.
Prices are going to keep rising.