Economy out Whack in the USA

[MrMan]

Have you ever had a car engine that just didn't work right. It didn't sound right. It started to deteriorate. It didn't work right.

Since the COVID-19 lockdown and then Biden taking office, our smooth-running system hasn't been working right. They are trying to get the economy going again, but a lot of things are just off.

I've been to the supermarket and there is almost no produce. Some grocery stores have had empty shelves. The government doled out cash, but there is a shortage of new cars because of a bottleneck related to some kind of microprocessor that they aren't importing enough of-- supply chain. So there is a shortage of new vehicles. I suppose the new car buyers are buying up the used ones, driving up the price, and even the cost of a vehicle with 200,000 miles on it is ridiculously high.

There aren't enough people in fast food restaurants. You can wait 15 or 20 minutes on what used to take five minute.

It doesn't seem like Verizon works properly these days, either. You aren't recognized on the network, or it won't make a call, or the people on the other end can't hear. Maybe it's all the 3G users going onto 4G all at once, but it just seems like something is off with the system.

And of course gasoline has been the 3+ or 4+ dollar range, depending on where you live.

It's like the previously cushy, efficient US lifestyle is out of whack.

Do you think any of this will improve?

[OutcastedPhilosopher]

Have you ever had a car engine that just didn't work right. It didn't sound right. It started to deteriorate. It didn't work right.

Since the COVID-19 lockdown and then Biden taking office, our smooth-running system hasn't been working right. They are trying to get the economy going again, but a lot of things are just off.

I've been to the supermarket and there is almost no produce. Some grocery stores have had empty shelves. The government doled out cash, but there is a shortage of new cars because of a bottleneck related to some kind of microprocessor that they aren't importing enough of-- supply chain. So there is a shortage of new vehicles. I suppose the new car buyers are buying up the used ones, driving up the price, and even the cost of a vehicle with 200,000 miles on it is ridiculously high.

There aren't enough people in fast food restaurants. You can wait 15 or 20 minutes on what used to take five minute.

It doesn't seem like Verizon works properly these days, either. You aren't recognized on the network, or it won't make a call, or the people on the other end can't hear. Maybe it's all the 3G users going onto 4G all at once, but it just seems like something is off with the system.

And of course gasoline has been the 3+ or 4+ dollar range, depending on where you live.

It's like the previously cushy, efficient US lifestyle is out of whack.

Do you think any of this will improve?

No, the situation is deteriorating very quickly now. Rates are rising as entities and people are selling off US government debt and the mortgage rates are rising. In the short term you are going to see another housing crisis especially for those who purchased homes with adjustable rate mortgages and are soon going to be unable to afford the payments. You are going to see in the future sharp sell offs in the stock market which just started. Currently, the MOVE index (volatility measurement in the credit markets) has been rising rapidly and is sitting in the 120 range which if it hits 140 then the system melts down....this is what happened when COVID started and the Repo crisis in 2019. The stock market is in serious bubble territory similar to 1929 before the great depression.

In regard to supply chains, China has been locking down various cities again like Shanghai. You can expect serious supply distortions within the next few months. Tons of ships waiting to be loaded in China and they are just sitting there.

The future is going to be another depression except much worse than 1929.....

[MrMan]

Have you ever had a car engine that just didn't work right. It didn't sound right. It started to deteriorate. It didn't work right.

Since the COVID-19 lockdown and then Biden taking office, our smooth-running system hasn't been working right. They are trying to get the economy going again, but a lot of things are just off.

I've been to the supermarket and there is almost no produce. Some grocery stores have had empty shelves. The government doled out cash, but there is a shortage of new cars because of a bottleneck related to some kind of microprocessor that they aren't importing enough of-- supply chain. So there is a shortage of new vehicles. I suppose the new car buyers are buying up the used ones, driving up the price, and even the cost of a vehicle with 200,000 miles on it is ridiculously high.

There aren't enough people in fast food restaurants. You can wait 15 or 20 minutes on what used to take five minute.

It doesn't seem like Verizon works properly these days, either. You aren't recognized on the network, or it won't make a call, or the people on the other end can't hear. Maybe it's all the 3G users going onto 4G all at once, but it just seems like something is off with the system.

And of course gasoline has been the 3+ or 4+ dollar range, depending on where you live.

It's like the previously cushy, efficient US lifestyle is out of whack.

Do you think any of this will improve?

No, the situation is deteriorating very quickly now. Rates are rising as entities and people are selling off US government debt and the mortgage rates are rising. In the short term you are going to see another housing crisis especially for those who purchased homes with adjustable rate mortgages and are soon going to be unable to afford the payments. You are going to see in the future sharp sell offs in the stock market which just started. Currently, the MOVE index (volatility measurement in the credit markets) has been rising rapidly and is sitting in the 120 range which if it hits 140 then the system melts down....this is what happened when COVID started and the Repo crisis in 2019. The stock market is in serious bubble territory similar to 1929 before the great depression.

In regard to supply chains, China has been locking down various cities again like Shanghai. You can expect serious supply distortions within the next few months. Tons of ships waiting to be loaded in China and they are just sitting there.

The future is going to be another depression except much worse than 1929.....

Do you think last year's home prices are 'bubble' prices? If they raised mortgage rates, that should work against a housing bubble.

The government printed up a lot of money (digitally) without any work to back it up during Covid-19, and my guess is a disproportionate amount went into cars and houses. So maybe these things are higher priced than 'baseline' compared to inflation. I haven't looked into that. But the price of food went up, too. A lot of the inflated housing price is inflation, IMO.

I am hoping the price of cars drop if they figure out the supply chain issues, either new manufacturers make microprocessors or they work out whatever kinks. But it does seem like the system is a bit off.

[Cornfed]

So that's why there are no good cars available. Even when you leave the West it still manages to find a way to f**k you up.

[Spencer]

You can buy car and better new not used cus have hyundai and kia importings since korea no chip shortfall

compare price new car in 2000 vs 2022 and see car get so cheaper if factoring in the infations

[MrMan]

You can buy car and better new not used cus have hyundai and kia importings since korea no chip shortfall

compare price new car in 2000 vs 2022 and see car get so cheaper if factoring in the infations

The gas mileage difference between the Kia and the Honda I am looking at is about $7000 year in favor of Honda at the current prices.

[NPCslammer]

Have you ever had a car engine that just didn't work right. It didn't sound right. It started to deteriorate. It didn't work right.

Since the COVID-19 lockdown and then Biden taking office, our smooth-running system hasn't been working right. They are trying to get the economy going again, but a lot of things are just off.

I've been to the supermarket and there is almost no produce. Some grocery stores have had empty shelves. The government doled out cash, but there is a shortage of new cars because of a bottleneck related to some kind of microprocessor that they aren't importing enough of-- supply chain. So there is a shortage of new vehicles. I suppose the new car buyers are buying up the used ones, driving up the price, and even the cost of a vehicle with 200,000 miles on it is ridiculously high.

There aren't enough people in fast food restaurants. You can wait 15 or 20 minutes on what used to take five minute.

It doesn't seem like Verizon works properly these days, either. You aren't recognized on the network, or it won't make a call, or the people on the other end can't hear. Maybe it's all the 3G users going onto 4G all at once, but it just seems like something is off with the system.

And of course gasoline has been the 3+ or 4+ dollar range, depending on where you live.

It's like the previously cushy, efficient US lifestyle is out of whack.

Do you think any of this will improve?

I’m honestly surprised the U.S. is even functioning still. With a million beaners coming across the border every year. Rampant crime the cities, a government so corrupt that nobody can even fathom how bad it is, unqualified diversity hires everywhere, younger generation full of retards and soyboys, people hooked on all kinds of dope, alcohol and prescription drugs, broken, dysfunctional or non existent families everywhere etc.. it’s pretty amazing you can still generally get deliveries, functional internet, and Uber rides in a country full of idiots, degenerates and very sick people.

[OutcastedPhilosopher]

Have you ever had a car engine that just didn't work right. It didn't sound right. It started to deteriorate. It didn't work right.

Since the COVID-19 lockdown and then Biden taking office, our smooth-running system hasn't been working right. They are trying to get the economy going again, but a lot of things are just off.

I've been to the supermarket and there is almost no produce. Some grocery stores have had empty shelves. The government doled out cash, but there is a shortage of new cars because of a bottleneck related to some kind of microprocessor that they aren't importing enough of-- supply chain. So there is a shortage of new vehicles. I suppose the new car buyers are buying up the used ones, driving up the price, and even the cost of a vehicle with 200,000 miles on it is ridiculously high.

There aren't enough people in fast food restaurants. You can wait 15 or 20 minutes on what used to take five minute.

It doesn't seem like Verizon works properly these days, either. You aren't recognized on the network, or it won't make a call, or the people on the other end can't hear. Maybe it's all the 3G users going onto 4G all at once, but it just seems like something is off with the system.

And of course gasoline has been the 3+ or 4+ dollar range, depending on where you live.

It's like the previously cushy, efficient US lifestyle is out of whack.

Do you think any of this will improve?

I’m honestly surprised the U.S. is even functioning still. With a million beaners coming across the border every year. Rampant crime the cities, a government so corrupt that nobody can even fathom how bad it is, unqualified diversity hires everywhere, younger generation full of retards and soyboys, people hooked on all kinds of dope, alcohol and prescription drugs, broken, dysfunctional or non existent families everywhere etc.. it’s pretty amazing you can still generally get deliveries, functional internet, and Uber rides in a country full of idiots, degenerates and very sick people.

lol....so true.

I work for the gov and have seen a ton of illegal shit.

we had a supply guy who was living out of the supply room for a while and having his mail delivered there.

he started eating the MRE's which is illegal. he took a government van and drove it down to new orleans and chicago.....for unofficial reasons. he was running a route between 2 and 4 in the morning around the city we work in. he had something like over $10,000 in unauthorized purchases.

this isn't even the worse case I have seen....I had another co-worker who was likely involved in seditious activity that I am not allowed to even talk about because I had to sign an NDA.

Things are really bad and I agree with you that I have no idea how things get done in the US.

[OutcastedPhilosopher]

Have you ever had a car engine that just didn't work right. It didn't sound right. It started to deteriorate. It didn't work right.

Since the COVID-19 lockdown and then Biden taking office, our smooth-running system hasn't been working right. They are trying to get the economy going again, but a lot of things are just off.

I've been to the supermarket and there is almost no produce. Some grocery stores have had empty shelves. The government doled out cash, but there is a shortage of new cars because of a bottleneck related to some kind of microprocessor that they aren't importing enough of-- supply chain. So there is a shortage of new vehicles. I suppose the new car buyers are buying up the used ones, driving up the price, and even the cost of a vehicle with 200,000 miles on it is ridiculously high.

There aren't enough people in fast food restaurants. You can wait 15 or 20 minutes on what used to take five minute.

It doesn't seem like Verizon works properly these days, either. You aren't recognized on the network, or it won't make a call, or the people on the other end can't hear. Maybe it's all the 3G users going onto 4G all at once, but it just seems like something is off with the system.

And of course gasoline has been the 3+ or 4+ dollar range, depending on where you live.

It's like the previously cushy, efficient US lifestyle is out of whack.

Do you think any of this will improve?

No, the situation is deteriorating very quickly now. Rates are rising as entities and people are selling off US government debt and the mortgage rates are rising. In the short term you are going to see another housing crisis especially for those who purchased homes with adjustable rate mortgages and are soon going to be unable to afford the payments. You are going to see in the future sharp sell offs in the stock market which just started. Currently, the MOVE index (volatility measurement in the credit markets) has been rising rapidly and is sitting in the 120 range which if it hits 140 then the system melts down....this is what happened when COVID started and the Repo crisis in 2019. The stock market is in serious bubble territory similar to 1929 before the great depression.

In regard to supply chains, China has been locking down various cities again like Shanghai. You can expect serious supply distortions within the next few months. Tons of ships waiting to be loaded in China and they are just sitting there.

The future is going to be another depression except much worse than 1929.....

Do you think last year's home prices are 'bubble' prices? If they raised mortgage rates, that should work against a housing bubble.

The government printed up a lot of money (digitally) without any work to back it up during Covid-19, and my guess is a disproportionate amount went into cars and houses. So maybe these things are higher priced than 'baseline' compared to inflation. I haven't looked into that. But the price of food went up, too. A lot of the inflated housing price is inflation, IMO.

I am hoping the price of cars drop if they figure out the supply chain issues, either new manufacturers make microprocessors or they work out whatever kinks. But it does seem like the system is a bit off.

Last year? LOL.....how about there is a massive bubble growing since 1971 when we left the gold standard and the bubble keeps expanding until one day it stops and the debt bubble implodes. Of course, housing is a bubble. Rates are going up anyways.