Going full mad man prepping mode now. Cut drinking, going out to eat, entertainment that isn’t free etc. I only eat at work now. Trying to only spend money on my bills and prepping. With the evergrande ceo resignation and inflation soaring I feel we are at the beginning. Do you think this crisis happens before or after the mid terms? Or do you think this crisis will get gradually worse over time.
Trying to be prepared as much as possible with the little time we have left.
Honestly, I think it’s “already started”. I know the big break in the dam is yet to come, but the rain from the storm is already really pushing my household despite of prepping ahead of time for so long.
My family has a business that makes marketing materials for tiny to national sized businesses… And they’re suddenly seeing people who are NOT typical entrepreneurs opening side hustles (doctors/lawyers/etc). There is a sudden and very clear lack of faith in going about business as normal. And everyone is scrambling to start businesses that can run during bad times.
Also lots of people buying a piece of equipment and building a business around it, often they come to us for marketing and are also asking us about sales tax laws and for other random local/state laws related to running a business. We don’t mind telling them where to find what they’re asking about, but it’s definitely a marker of people jumping into putting their money into what they consider a safer bet than the dollar and trying to figure out the details after.
And my parents say it reminds of 08 with how clients are acting. But this time we’re having issues hiring working age people who can lift over 60bls and procurement issues for what we make stuff with on top of that.
Yup. We’re in the middle of the recession, we’re slowly running out of steam, it doesn’t just derail for nothing, the economy has slowed down, people and small businesses are feeling the heat, but not quite to the point of shit hitting the fan quite yet.
The news saying we’re in recession calms normies down because they’re thinking it’s not so bad even though things are more expensive. They don’t know we’re not even halfway through the ride.