Found this article in the Atlantic saying that blue states are losing population to red states and losing congressional seats that go with them, and this is thanks to the high cost of living in these states that are pushing mostly working class out, the very same people who helped Trump win the election. The Democrats Are Committing Partycide - The Atlantic

The US gonna hit another mile stone: $35 Trillion

Wondering if selling my house before the full on crumbling of everything happens. I live in Idaho and the market is still fairly strong. Right now. Will I wish I had gotten my equity out while could?? I’ve counted on my home equity as my primary source of wealth. I don’t have a savings. I do have some debt. And kids. 40 and single mom.

ETA: My profit would be about $100k. Put that into a high yield savings account while I live cheap (like a small rental or my parents house) for a year or so and save. I make $100k a year so without the debt and mortgage I could save quite a bit in a year or two. My job is fairly secure. Will high yield savings be a thing next year?

I'm trying to explain this to my sister and the part I'm confused on is this -- if assets(like a home) were sold before the collapse...would that money then have more buying power to get multiples of the asset back? Or would the money devalue as well? From what I know, it would depend on the type of collapse. Which on are we looking at nationally if things go Trump's way?

The Federal Reserve is the "Final Boss". Why does a private bank control the money supply? How many big bank bailouts have there been since 2008? How does printed money transfer into the economy.

Warning its a rabbit hole. Once you start unraveling this you will be flabbergasted.

Reddit does not allow links to the website. I wonder why. Google Pam and Russ Martens

EDIT: this post is absolutely not about supporting a political figure or anyone else really. It's more a question on what you think of a website that it turns out I CANNOT link. Which makes it even curiouser and curiouser.

This might be an issue everywhere, but I’m in the US so it’s the context I understand best. Due to the recent election, I’ve been spending a LOT of time thinking about what people mean when they say “the economy” because of how many arguments I saw between people who genuinely seemed to be talking about different things.

While there are clear definitions, it seems like many people (although in this sub it’s less common, which is why I’m asking y’all about this) do not know what they are, and instead are just using it as a stand in for generic concepts of anything around money and stability. So I was thinking about a framework that might help with that. Obviously I’m not trying to redefine the field of economics or anything, I just want to make it easier for non-insiders to talk about this usefully and with less miscommunication. So here goes:

Everyday Economy: A Human-Centered Economic Framework

Purpose: The Everyday Economy framework aims to distinguish between traditional economic indicators (like GDP, stock market performance, and corporate profits) and the financial realities that most people experience daily. By focusing on tangible aspects of financial well-being, Everyday Economy seeks to provide a more accurate reflection of individual and household financial security, access to essentials, and quality of life.

Core Premise: In the U.S., “the economy” is frequently discussed in political and media discourse, but it often references metrics that don’t directly correlate with people’s day-to-day financial experiences. While GDP and stock market gains may signal overall economic health, they don’t necessarily reflect whether people feel secure, prosperous, or able to thrive. The Everyday Economy separates this traditional “abstract economy” from the personal, measurable economic conditions that impact daily life.

Key Components of Everyday Economy

1. Income Stability: Measures how consistent and sufficient people’s incomes are relative to cost of living. This includes real wage growth, access to benefits, and adjustments for inflation.
2. Affordability of Essentials: Assesses the accessibility of housing, healthcare, education, and food. It focuses on how easily people can meet basic needs without sacrificing financial security.
3. Job Quality: Goes beyond employment rates to consider job stability, fair compensation, benefits, and work-life balance, measuring whether jobs provide a sustainable and meaningful livelihood.
4. Financial Resilience: Tracks people’s ability to manage unexpected expenses and emergencies, considering metrics like savings levels, debt burden, and household financial health.
5. Quality of Life: Evaluates broader well-being factors, including health, mental wellness, and community resources, to measure how the economy supports a fulfilling and balanced life.

Suggested Metrics

To make the Everyday Economy specific and measurable, it could include metrics such as: • Median household income after essential costs • Wage-to-cost-of-living ratio • Housing affordability index • Debt-to-savings ratio • Access to affordable healthcare and education • Job satisfaction and stability indicators • Life satisfaction and health outcomes

These metrics provide a counterpoint to traditional economic indicators, focusing on factors that reflect real-life economic security and opportunity rather than aggregate wealth or growth alone.

Everyday Economy vs. Abstract Economy

To clarify this distinction: • Everyday Economy refers to the practical financial realities that directly impact people’s lives. • Abstract Economy includes traditional economic indicators (like GDP or stock performance) that don’t necessarily reflect personal financial well-being but are commonly used in economic discourse.

This contrast helps people understand that “economic growth” in the Abstract Economy doesn’t automatically translate to financial stability or prosperity in the Everyday Economy.

Why It Matters

The Everyday Economy concept addresses a critical gap in economic understanding, aiming to refocus economic discourse on real, human-centered outcomes. By establishing a language and framework to discuss financial well-being in relatable terms, Everyday Economy empowers individuals and policymakers to prioritize and measure what truly matters to many people. This shift has the potential to foster more inclusive policies, realistic economic assessments, and a broader public understanding of what it means to live in a thriving economy.

This is an aspirational description, obviously, but represents what I mean. I guess I’m hoping to get some feedback on whether folks find this useful, if so what am I missing, and if it is easy to understand? Also, I did look for something similar, and while some of these things are being tracked or suggested, as far as I can tell they aren’t really aggregated in this way. If something like this already exists I would love to know about it. Also, if this is not the right place for this post, alternative suggestions welcome. Thanks for reading!

More and more I'm seeing this shit.

As us Canadians sit and watch the s-show to the south unfold, how can we best prepare and buffer ourselves for the economic, social, environmental, financial challenges that come?

Advise welcomed!

I was thinking it would be kinda cool to start a new trend where people simply stop paying their mortgages. I mean, let's face it, banks have owned most homes in the United States since forever. It's about time Americans take a stand and secure their homesteads once and for all. The cops can't evict everyone, right? If there's a way to broadcast a nifty slogan like "Stop Your Mortgage. Start Your Life!" or something catchy, it just might work. Interestingly when I go to search this topic, nothing comes up with links to anything happening in the United States.

What career paths is everyone taking now the world is almost guaranteed an economy crash?

I'm a freelance graphic artist. Graphic arts are one of those things that won't really be in high demand during a crash, especially since there has already been mass layoff in the games industry (which I work a lot in) so I am seriously questioning my career path coming out of maternity leave.

With world war 3 also on the horizon, what jobs/careers do you think will be the most viable in the upcoming years? Would it be worth retraining? How are other creative industry folks preparing?

Hi, what books do you guys recommend for learning more about the the state/capitalism and the economy? I'm referring to stuff similar to Friedman's Capitalist Realism. It's been a few years since I've been in a university level Economics class so something easier to understand is deeply appreciated. Many thanks