struggle

The top 1% amassed wealth by 500% while 99% struggle with rising costs. Income disparity threatens the American Dream as inequality hits record highs.

https://www.youtube.com/watch?v=gmnO4O1MBdM The decline of our country is explicit. While 99% of our population is struggling to adapt to the rising cost of basic necessities, the top 1% of ultra rich Americans has seen their wealth increase by nearly 500% over the past four years. Though an America where some have more money than others is …

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Rancher: Record High Beef Prices May Be ‘New Norm’ – REGULATIONS and economic factors drive beef prices up as small farms struggle

Authored by Matthew Lysiak via The Epoch Times (emphasis ours), Beef prices skyrocketed to a new record high this Memorial Day weekend as industry experts warn costs could continue to rise even higher if current regulatory and economic conditions remain unchanged. Recently released data shows that “all fresh beef retail value,” a composite value based on choice beef, …

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42% of $100,000+ earners struggle with buy-now-pay-later payments: The American dream in crisis

In a land once brimming with promise, the American Dream now flickers like a distant star, obscured by the harsh realities of financial struggle and unattainable aspirations. $100,000 income no longer buys the American Dream in most places, per CNBC. — unusual_whales (@unusual_whales) May 17, 2024 About 42% of those with household income of more …

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I’ve always found it amusing how out of touch some billionaires are with the plight average joes struggle with.

You spent all 1200 of your stimulus checks? Maybe you just need to stop spending so much on coffee and Avocado toast. /s “JP Morgan CEO Jamie Dimon has been widely criticised for suggesting that average Americans are doing well financially despite rising inflation and stagnant interest rates putting a strain on household budgets. Dimon …

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Small businesses struggle with rent payments; CRE loan charge-off rates double peak levels

Economic headwinds persist as 43% of small businesses struggle to pay rent, while charge-off rates on commercial real estate loans surge to nearly twice their 2020 peak levels. This trend, exacerbated by elevated interest rates and depressed asset valuations, underscores ongoing challenges in the real estate market and broader economic conditions. BREAKING: 43% of small …

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Over 1 in 8 households struggle with debt payments; Bankruptcies surge; Phoenix sees record evictions.

Financial instability grips communities nationwide, with a significant portion of households struggling with debt payments. In Phoenix, soaring evictions and bankruptcies signal a growing economic crisis. Current economic indicators point to a concerning trend of declining savings and stagnant interest rates, exacerbating inflationary pressures and paving the way for a potential recession. Wow – more …

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Despite a robust labor market and economic growth, many Americans still struggle to find jobs

Americas’ Unemployment Problem In 2023, the United States reported an unemployment rate of 3.4%, marking the lowest figure in 54 years with nearly 11.2 million unemployed Americans. Despite this historic low, the narrative surrounding America’s Unemployment Problem reveals a complex and multifaceted issue. The early months of 2024 have shown a robust labor market, yet …

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Corporate power struggle driven by Disney going woke.

It’s official: Disney shareholders shot down activist investor Nelson Peltz’s effort to win seats on the Mouse House’s board of directors. Investors voted to reelect all 12 of the company-backed board members, including CEO Bob Iger, ending the most expensive corporate proxy fight in history. The voting results for Disney board candidates were announced Wednesday …

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American Families Are In A Massive Debt Trap, As Households Struggle With Record High Debt Burdens

The United States, once seen as a land of opportunity and prosperity, now has many households facing overwhelming debt. As living costs rise and wages remain stagnant, families nationwide are caught in a cycle of borrowing, struggling to stay afloat amidst record debt levels. This growing problem, driven by various economic factors and societal changes, …

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US government spending post-2020 exceeds major wars combined, cities struggle with debt.

It's in the nature of the monetary system for these ratios to go exponential. In the short term, something might give way, but in a few years, we'll be repeating this conversation as the debt level has surged exponentially. pic.twitter.com/mS05NNJ3UJ — Phoenix Capital (@PhoenixCapitalH) February 15, 2024 70% of largest U.S. cities lack funds to …

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Eric Adams warns NYC is ‘out of room’ amid sanctuary struggle: People will soon be ‘sleeping on the streets

Mayor Eric Adams stressed with a sense of urgency that New York City has run ‘out of room,’ as the escalating migrant crisis engulfs not only the Big Apple, but other major cities across the U.S. “Our hearts are endless, but our resources are not,” the NYC mayor recently told Fox Nation. “It’s not like …

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Putin: ‘To use the dollar as a tool of foreign policy struggle is one of the biggest strategic mistakes made by the U.S political leadership’

Putin: “To use the dollar as a tool of foreign policy struggle is one of the biggest strategic mistakes made by the U.S political leadership” “It is a stupid mistake” “Does anyone in the United States realize this? “What are you doing?” “You are cutting yourself off” “Even the United States allies are now downsizing …

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Underground Party Bunker Home in Las Vegas: From Swingers’ Oasis to Real Estate Struggle… Unique Bomb Shelter Residence Sees Drastic Price Drop, Fails to Find Buyers.

A Las Vegas swingers house appearing to be models after the Playboy Mansion is having difficulty selling despite a $12 million cut in its price tag. The famous ‘Las Vegas Underground House’ on 3970 Spencer Street became available to purchase for a second time in February 2023 for $6 million. The underground house also comes …

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Eric Adams’ NYC Reality Unveiled: Migrants Struggle for Shelter… Streets Become Unwanted Port-a-Potty Zones…

So, here we are in Eric Adams’ NYC, and it seems like we’re navigating some pretty rough waters. Thousands of adult migrants, patiently waiting outside the former St. Brigid’s School and spilling into Tompkins Square Park, are facing quite the dilemma. Why? Well, after their 30-day and 60-day stay limits expired, they’re scrambling to secure …

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Debt Crisis Unveiled: Nearly 30% of Americans in Largest Metros Struggle with Overdue Payments.

The latest revelation about the debt crisis in America is nothing short of alarming. With a staggering 29.6% of residents in the nation’s 100 largest metros falling behind on at least one debt payment during the third quarter of 2023, and 27.3% experiencing serious delinquencies over 90 days past due, the financial health of a …

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China’s Struggle to Boost Stock Markets Amid Weak Investor Appetite

Chinese regulators face challenges in invigorating local stock markets amid investors’ reluctance to embrace higher risks. Reports from Yicai suggest that fund managers are struggling to launch new public equity funds due to this cautious investor sentiment. Despite rumors of regulatory efforts to encourage fund managers to issue more equity funds and revive the sluggish …

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Millions of Americans, burdened by student loan debt, struggle as 40% fail to resume payments.

Millions of Americans strapped with student loan debt are still not paying their bills after a three-year payment hiatus ended this fall. Federal student loan payments restarted at the beginning of October after President Biden declined to extend the pandemic-era pause that first began in March 2020 under his predecessor, former President Trump. However, 40% …

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Fast-food and restaurants may struggle to survive due to higher costs in the upcoming recession.

Is McDonald's pricing themselves out of the fast food market? Their reputation was for cheap food. Now people are realizing that with higher minimum wages ($15 to $20 per hour) and high food costs, now McDonald's is costing just as much as restaurants with higher perceived… pic.twitter.com/GJuaRxlvdx — Wall Street Mav (@WallStreetMav) December 14, 2023 …

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Germany’s economic model sustained the Euro, but with its implosion, the ECB may struggle to maintain it.

As Germany’s economic model falters, the ECB faces the challenge of sustaining the troubled Euro experiment. 🇩🇪German Industrial Production Drops for the Fifth Month pic.twitter.com/wbTw4FAaIn — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) December 7, 2023 The Euro which ruined economies in the South was kept alive by Germany‘s strength. With German economic model imploding the ECB …

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China’s banks struggle between supporting the property sector and local governments and the need to maintain sound business practices.

via YAHOO: Already stung by soaring bad loans and record low net interest margins, lenders such as Industrial and Commercial Bank of China Ltd. may soon be asked for the first time to provide unsecured loans to developers, many of whom are in default or teetering on the brink of collapsing. The risky lifeline threatens …

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CHP officer shoots ‘pedestrian’ after struggle on 105 freeway

https://twitter.com/_/status/1726460310989766786 Shocking video captured the moment a California highway patrol officer shot a pedestrian after a struggle in Los Angeles. Police were called to the I-105 at Wilmington Avenue on Sunday afternoon over a pedestrian who reportedly was walking in and out of traffic on the freeway. Footage taken by a witness shows an officer …

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Elon Musk’s Actions Uncover Struggle for Control: Beyond Free Speech, Musk Challenges Power Structures, Offering People a Glimpse of Truth and Resistance Against Those Seeking Absolute Control.

Elon Musk’s recent actions are seen as a challenge to existing power structures, revealing a deeper struggle for control beyond free speech. Musk’s move to empower individuals with information is met with resistance from those accustomed to maintaining control over various aspects of society. https://twitter.com/Travis_in_Flint/status/1726235860247409017 This past week, there were hundreds of bogus media stories …

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Walmart’s 8% Plunge Highlights Sharp Falloff in Retail Sales as Many Consumers Struggle Amid Lingering Inflation and Jobless Claims Surge

Walmart ($WMT) experiences an 8% decline as CFO expresses concern over October trends, prompting a reevaluation of consumer health. The retail giant notes a significant sales drop in the last two weeks of October, and management remains cautious, acknowledging ongoing strain on consumers. Despite inflation easing towards 3%, the lingering impact is evident, compounding on …

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The struggle against inflation is pushing Americans to take on multiple jobs, with a record 447,000 Americans are now working 2 full-time jobs.

“Fantastic graphic showing that a record 447,000 Americans are now working 2 full-time jobs. Meanwhile, part-time employment has jumped by nearly 1.2 MILLION since June. The number of Americans working 2 full-time jobs is now ~33% higher than it was in 2008. Americans are taking on multiple jobs to fight inflation.” It's unusual to see …

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Amazon Is Falling Apart Before Our Eyes As Retail Business Continues To Struggle

Amazon faces allegations of using a secret algorithm to raise prices significantly for U.S. consumers, with reports of sharp price hikes both online and in physical stores, impacting products from groceries to streaming services, potentially leading to regulatory action and stock declines amid a tough year for the e-commerce giant. Are you ready for some …

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Consumers’ struggle in high-debt, high-interest environment raises risk of imminent sharp economic downturn

One second-order impact of the current affordability crisis? More auto loan fraud — as people need transportation but can't get approved for financing. Just recorded a mega episode on this growing $8.1B issue:https://t.co/GJ17UURkWO — Car Dealership Guy (@GuyDealership) October 4, 2023 Millennial are feeling the pain of higher rates more than baby boomers, per BI: …

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