I have been waiting on this economy to crash for 3 years... and I am still waiting. 401ks are up this year, home prices still sky hight, trucks 100k, groceries out the roof, McDonalds paying $20hr. I would actually welcome a crash about now.
But not if I was still self employed, I have the safety of an employer now.
Reminds me of 06-07
They’ve held it off but some of the bigger banks balance sheets don’t look good. Just read commercial properties are making another downturn.
I know many of the small businesses are closing up around here and some of the ones that haven’t are crying about lack of sales and or customers.
Literally came in from walking the dog and commercial about a car lot sale with $4000 off so I’m guessing some things are changing.
I know one of the local used lots said prices at wholesale are falling and expects it to continue. He’s been in the business all of his life. Literally
