/biz/ - Business & Finance

>>56777099
I'm getting reports from friend's a lot of stores didn't sell all there black Friday stock. Next year is going to get bad. People are out of money and credit. Exactly what some economists were warning about. Wall Street can only stay disconnected for Main Street for so long.

>>56775486
Speculative investors and cheap debt really did a number on shelter prices. Shelter and food prices are going to destroy other markets unfortunately. This will drive layoffs and down the spiral we go.

>>56558628
>student loans starting back up
>bought a house during covid
>were making combined $9k a month
>not making it
>worse than most
A lot of people are in this position. A lot of people during covid spent more than they should have thanks to all the mortgage, rent, and student loan moratorium. They debt maxed for three years and are now fucked. People are draining there savings and maxing credit cards to keep up appearances because the news man says the fed will drop internist rates any day now. They going deeper into debt when they should be cutting their losses.

>>56501939
Are these people with cash in the room with you right now?