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I've heard similar stories a few times already, basically every time the economy goes bad. E.g. in 2008 or after the dotcom crash, you either had a job and not
by hyperman1 2y ago
I've heard similar stories a few times already, basically every time the economy goes bad. E.g. in 2008 or after the dotcom crash, you either had a job and nothing bad happened, or you lost a job and couldn't get hired. On local levels it also happens when a big factory closes and whole small cities tumble into poverty.
I saw a story around 2008 about fired bankers. They had trouble to buy food with their food stamps because they came to the shop with their expensive cars. It turns out they lost the house, were living in the car, and there was a market glut of expensive cars from all these other fired ex-rich people so even if they wanted they could not sell for a decent price. Besides, things had changed so fast under their feet, they didn't have time to sell the car yet.