PrepperNow
Politics • Culture • News • Preparedness
Prepping, Politics and Societal Decline!
We know what’s coming and we are prepared.
Interested? Want to learn more about the community?
Vibecession….idiots

🇺🇸📊 59% of Americans wrongly think the U.S. is in a recession, report finds

The U.S. economy has remained remarkably strong even amid persistent inflation and high interest rates.

And yet, 59% of Americans falsely believe that the U.S. is currently in a recession, according to a recent survey of 2,000 adults by Affirm in June.

Citing higher costs and difficulty making ends meet, most respondents said they think a recession started roughly 15 months ago, in March 2023, and could last until July 2025, Affirm found.

Officially, the National Bureau of Economic Research defines a recession as "a significant decline in economic activity that is spread across the economy and lasts more than a few months." The last time that happened was early in 2020, when the economy came to an abrupt halt.

Still, regardless of the country's economic standing, many Americans are struggling in the face of sky-high prices for everyday items, and most have exhausted their savings and are now leaning on credit cards to make ends meet.

Economists have wrestled with the growing disconnect between how the economy is doing and how people feel about their financial standing.

We're in a 'vibecession'

We're in a "vibecession," Joyce Chang, JPMorgan's chair of global research, said at the CNBC Financial Advisor Summit in May.

🔗 https://www.cnbc.com/2024/08/12/59percent-of-americans-think-the-us-is-in-a-recession-report-finds.html

Interested? Want to learn more about the community?
What else you may like…
Videos
Posts
September 25, 2025
No Go

British man attacked for entering a ‘no-go zone’ in London.

A horde of Islamists surrounded him and questioned why he was in ‘their’ neighborhood.

They threatened him and began chanting ‘Allahu Akbar’ as they kicked him out.

00:00:36
September 21, 2025
Sharia

Minister of State for Courts and MP for Finchley and Golders Green, Sarah Sackman, says religious courts like 'Shariah' are a fundamental part of 'British Values'.

00:00:19
September 21, 2025
Clearing out and construction is already underway at the site of Charlie Kirk’s assassination, which is still under active investigation.
00:00:57
Retire

A 65-year-old couple retiring in 2025 with average earnings will receive an estimated $1.34 million in lifetime benefits, while contributing only $720,000 in today’s dollars.

That shortfall—more than $600,000 per couple—is being made up by younger workers.

“Most of the growth in spending has gone to retirement and healthcare, while programs that promote upward mobility... have been left behind”

https://www.newsweek.com/social-security-medicare-young-workers-cost-10477619

September 25, 2025
Stats
post photo preview
September 25, 2025
Lololol
post photo preview
See More
Available on mobile and TV devices
google store google store app store app store
google store google store app tv store app tv store amazon store amazon store roku store roku store
Powered by Locals