Opinion: 70 to 80% of Americans are going into ultra-low consumption mode. We are headed for a depression.

by Anonymous Coward US consumer sentiment is collapsing: The University of Michigan's Consumer Sentiment Index fell -3.3 points in November, to 50.3, the 2nd-lowest in history. This significantly missed expectations of 53.0 points and marks the 4th consecutive monthly decline. Current conditions… pic.twitter.com/1htEqmvRsu — The Kobeissi Letter (@KobeissiLetter) November 8, 2025 Everyone is figuring out …

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Ultra-Low Interest Rates Spawn Bizarre Business Ventures, Now Revealing Their Viability

The era of near-zero interest rates has given rise to a series of what many may consider absurd business ventures, including the likes of “buy now, pay later,” car vending machines, extravagant digital art sales, algorithmic home buying, and virtual metaverse offices. During such times of readily available capital, even seemingly weak ideas manage to …

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