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I don't know about them, but I do know that between rising costs and already insufficient wages and sallaries, a growing number of people are riding on the abso
by Kye 3y ago
I don't know about them, but I do know that between rising costs and already insufficient wages and sallaries, a growing number of people are riding on the absolute edge of solvency. All it takes is one big push.
Like, for example: an end to pauses on payments for debts, expiring eviction bans/moratoriums, companies looking to dump housing and commercial buildings causing a collapse in prices that other financial instruments depend on, government shutdown (and financial consequences of just the threat) leading an enormous group of already marginal people to fall over the edge.
And that's just a few minutes of coming up with plausible things. Something has to give and, historically speaking, something will.