The mainstream business channels have been talking about the k-shaped economy everyday recently. >top 10% doing 50% of the consumer spending>bottom 90% have cut back many months ago>only the top 10% are participating in the wealth effectHow is /biz/ doing? Please share your stories. Are you in the top 10% or not?Has inflation, layoffs or ai affected you? Have you cut back spending? Seems like we would have a recession if it wasn’t for the top 10%.
>>61309291I am on a ramen diet since cz killed crypto.
all it takes is a moderate downturn on stocks for the top 10% to feel less secure and cut back on spending toothen we're very fucked
I have a job, I have no debt, I stopped buying anything (I would occasionally buy used electronics from Japan but the tariffs ruined that, I'm giving Trump $0), I rent an apartment because I am not a Boomer bag holder, I invest to keep up with inflation, I have no long term plans (why would I "put down roots" when next week I could get fired and have to move across the country, or the government imports 100,000 Somalians and places them in my town?), and if I get cancer I'm going to refuse treatment and give all of my money to my family because Jew doctors are getting $0.
>>61309291That's ok, Trump will give $2,000 to the poors to spend. In the end, this is the natural state of the world.
Honestly, with 90% of Americans cutting back spending and only 10% doing well, I was expecting more stories on biz.
>>61309706I wonder how many of us are AmericansI want flags
>>61309291i would like a job
>>61309828Best I can do is a blowjob
>>61309828Vote for Trump, he is bringing jobs back.
Born poor in canada. went from bad to worse. have nothing despite working full time all life. no hope left except US annexing us
