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https://www.zerohedge.com/economics/pandemic-wiped-out-savings-20-all-us-households

I think Democrats and China would call that "Mission Accomplished"

https://www.zerohedge.com/economics/pandemic-wiped-out-savings-20-all-us-households I think Democrats and China would call that "Mission Accomplished"

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[–] • 13 pts

Now they are engineering rapid inflation the get the rest of their savings. Driving many people into poverty, so they will vote for any socialist plan in hopes their families won't starve.

[–] • 3 pts

Get the people sucking the teat of gov and they'll beg for handouts.

[–] • 3 pts

I think that's what happened in New Zealand. I lived and worked there for 10 years during the 80s. They had reached the point of 50-50, 50% were employed by commercial companies, 50% were govt employees or on some welfare program. I wonder what it is now. Of course all the govt employees and welfare recipients will vote for the politician promises them more money.

[–] • 2 pts

They voted in serfdom. Stupid people get what they deserve, but I feel bad for the rest that have to live with it.

[–] • 3 pts

The top 1% now owns more wealth than the entire middle class, super inflation has already started, and will only get worse from now on.

[–] • 2 pts

Actually the plan is to get everyone on government checks. They need everyone in debt so that they'll be forced to rely on welfare, then they'll be forced to accept the new "plan" that's almost ready to be rolled out.

[–] [deleted] • 1 pt

They don't need people to vote socialist. Elections are a show and the "conservative" politicians are controlled opposition.

[–] • 1 pt

Our elections are actually a ‘selection’. Not a selection by us though.

[–] • 0 pt

Trump is saying don't vote until 2024... and to think I gave that guy a moment of respect because he actually fixed the economy in record time.

[–] • 5 pts

60% of american families dont have savings

[–] • 3 pts

Do you think it's an earning problem a spending problem or both?

Honestly, I think it's both.

[–] • 4 pts

Money doesn't evaporate. If they lost it, someone else "found" it.

[–] • 1 pt

It moved into assets like real estate, stocks and crypto.

[–] • 3 pts

But surely if you just work a little harder, sleep a little less, fuck your wife a little less, let other people take of your kids a little more and swallow a little more pride, you'll make it all work out, right?... right?

[–] • 3 pts

They got me in 2008. Not going to happen this time around.

[–] • 3 pts

Here’s my theory. They’re making as many people poor as possible. Now they’re filling jobs with Nat Guard, which the Fed will take control of. Then they’ll need a hiring push which the people desperate enough for money will do it.

[–] • 2 pts

The globalists and government wiped out savings.

[–] • 2 pts

And it wasn’t even a symptom of Covid-19.

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