politics

10 years? I'm pretty sure 10 months is 50/50 odds at this point...

I have insight to a company that does automotive loans, and the number of people getting offers for 30% APR 84 month 0-down loans (and accepting them) is way too fucking high.

People can't really afford cars. The US government considers domestic car production so important, that we are practically banned from buying "better" cheaper cars made in China. The auto manufacturers know this and are absolutely chowing down in the captive market. The working class is going to lose reliable transportation, at the same time companies (and the government) are pushing to end Work-from-home options, and there is basically 0 public transportation in the US.

So a lot of people aren't going to be able to afford the systemically artificially inflated cars to get to their arbitrarily in-office jobs and they can't reasonably take the systemically hobbled/non-existent bus or train.

Oh, did I mention that we've pissed off and mistreated and deported all of the migrant labor that made fresh food widely available and cheap in the US? Oh, and we also emptied critical agricultural water reserves in a smooth-brain attempt to fight a fire 200 miles away. Don't forget, global shipping and fuel prices are fucked because of a war we decided to start to distract from the fact that the president is practically in the Epstein files more than Epstein himself? So come summer, we're going to have no food because we have no water and no labor, and importing food is going to be even more expensive? And that's before the capricious 100%+ tarrifs the president is slapping on everything via a fucking tweet.

Come on... I don't think I could fuck up running a county this bad if I was actively trying.

people be like "we don't hate republicans; we just hate their policies" and i'm like nah fuck that if every elected republican politician died i'd be celebrating.

Still votes for trump…

MIT stats says it’s less than 10 years. Expects world wide full breakdowns by 2030 due to climate change. You thought the holocaust was bad.

Years? Try months. Second year of his first term was when the economy first stumbled.

It's weird that Republicans aren't more fearful given that farmers got crushed last year, and fertilizer prices are skyrocketing this year. Both due to the pedophile.

Don't we always fear this and rightfully so because every 10 years we have an economic meltdown now?

I mean, it keeps happening.

And we have to keep watching Boomers live their best lives while knowing we won't have what they have.

So yeah, the pessimism is warranted.

I dont fear. I welcome. And really its my main financial benefit.

10 years is optimistic

My 401k has lost 7% since the war. Trump has ruined all of our savings and investments. I also have to cancel all my trips cause gas is too expensive.

Is that how Weeks is spelled now?

This is why billionaires are building bunkers. They know what's coming, because they're the ones doing it.

If you buy the Dollar Endgame hypothesis, the dollar, which hasn't been backed by gold for over 50 years, will become virtually worthless. But, that will only be the beginning.

If you think the worst thing that can happen in America is a fascist dictatorship, you're wrong. This isn't an America problem, it's a world-wide problem. The entire world economy, currently held together by nothing more than incestuous lies and wishes, will very likely collapse, and not in the distant future.

I'm glad my parents died before they could see this, I'm not looking forward to seeing it myself, and had I any clue about this 30 years ago, I would not have had a child.

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.

That is way too optimistic

Next 10 years?

Motherfucker, it is currently ongoing.

Fucking goddamn, Americans are propogandized as fuck.

Must be infuriating to do a survey on the American public. No matter what you are trying to find out around 50-60% are just going to drool on your survey and maybe draw a phallic symbol with a giant crayon.

10 years lol?? 10 more WEEKS of 'iran war' and we are all fucked!!!

In 2015, I used to say "A vote for trump is a vote for total system collapse."

Glad to see I was right.

There have been total economic collapses every 10 years or so for my entire life.

Today's empires are tomorrow's ashes. This too shall pass. A better world is possible.

I expect a massive economic collapse every 5-10 years.

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

Most likely outcome of Iran war, whether or not victory declared, is that GCC will move towards Iran/China orbit and oil trade in BRICS currencies, with defense from Israel as common defensive alliance. https://lemmy.ca/post/62097698

Either the $200B giveaway to military and "allies" bankrupts the US, or losing middle east hegemony does, along with the massive GCC financialization support of US economy. All US allies except Canada rely on gulf more than the US, and US's Israel only protection focus, means "US friendship" is a liability if not worthless.

Like b43's GFC, Trump's covid response disaster (including intentional policy to make covid worse in blue cities), Republicans destroy economy every time. There is a limited capacity, or number of times, to bail out the system and maintain credibility.

I would pick under 10 years, even though the US is very good at extending collapse. The end will be visible soon, even though the GFC created a "premature batch" of doomers. There's simply no more budget capacity, or pretense of empire strength, that can be credible. Thank Epstein.

Definitely when the AI bubble pops there will be a financial collapse.

It's propping up basically our entire economy.

@MicroWave LOL... the other half are sure it will collapse this year.