Slip slidin’ away… Slip slidin’ away… You know the nearer your destination… The more you’re slip slidin’ away…. —Paul Simon
https://kunstler.com/clusterfuck-nation/were-coming-for-you/
Slip slidin’ away… Slip slidin’ away… You know the nearer your destination… The more you’re slip slidin’ away…. —Paul Simon
https://kunstler.com/clusterfuck-nation/were-coming-for-you/
Yup people are on the brink. It costs 500 dollars for 250 dollars of groceries. It costs over 100 dollars to fill up your gas tank, 150 if you drive a diesel truck and I run 4 every day along with my dump truck hauling a trailer and 15k lb machine.
Interest rates are up over 8% and new home sales are down 40%. People are watching as that house they took a 600k dollar loan out for, loses thousands in value every day and that interest on their ARM increases daily. What will they do when they owe 600k on a house thats worth 200k?
I see it already. My builders have stopped digging holes. They are all finishing up whats started and then they have nothing because nobody is buying any longer.
We are at the financial precipice already.
The middle class and thier hundreds of millions of firearms and trillions of rounds of ammo are being systematically bankrupted and they can see that it is being done with malice and intent.
Small businesses like mine are barely hanging on. My profit margins have become miniscule as my payroll has increased by 30% and my supply and fuel costs have doubled and tripled. A 4 by 8 sheet of two inch foam insulation has gone from 28 dollars to 70. A 20 by 100 foot roll of 6 mil visqueen has gone from 50 to 175. I use 25 rolls a week. Rebar has gone plaid. Concrete companies are now charging me 100 dollars a load fuel surcharge on top of 30% increase in material costs.
Yea people like me are on the brink. Thank god all my equipment, my house and my up north properties are paid off. I hoped I could do this til I was 70. But I dont think there will be work enough to even last until Thanksgiving.
People like you, doing what you do, are the backbone of this country, without which we would have nothing, and be nothing. Wishing you the best.