Welcome To The Zombie US Economy ! | |
Moraniac Clinging to my guns and Bibles User ID: 44415219 United States 06/19/2015 11:42 AM Report Abusive Post Report Copyright Violation | It shuffles along, it jerks forward, it seems alive but isn't. It's official now that the GDP shrunk last quarter - I say we will experience this feeble performance for the rest of our lives. Quoting: Eighthman Some experts are beginning to understand that stimulus won't work because younger people have already made permanent changes downward: the career that never was, the student debt that is, living with mom because you can't afford rent (much less a house), the family that never was, the marriage that never happened.... Maybe free college is a good idea but it only scratches the surface. They need to stop policing the world and get serious about how bad this has become. I'm a bankruptcy lawyer, and 2010-2014 were pretty good, but people have even gotten too broke to file bankruptcy now. Starting in February of this year, shit has dropped off a cliff. I normally have a rush of people using their tax refunds to file in the Spring. It never materialized this year. And it's been off a fucking cliff since. My new filings March through May are down 70% year over year. That's fucking DOOM. Winter is Coming. |