Recession cancelled. People are still spending money like it grows on trees

Sharing is Caring!

by 36Taylor36

I live in western ny and just visited my sister camping in a rural poor area and its $75 a day to camp there (normal price is like $45) and the sites were packed almost full. People somehow still have money when we have had inflation for 2 years. I don’t get it, where is this money coming from? I would have thought we would have been in a full fledge medium size recession by now, but nope. However I think the stock market has topped out basically or close to it. I guess the market falls when everyone gets there confidence back that there is no recession then they pull the rug.

See also  Euro$ system circulates global money but now faces risks; European banks may restrict credit.
See also  Canada adds 1.2M people but only 94,000 jobs this year. Wildly unsustainable.