Scott Alexander analyses the "#vibecession", a growing trend towards negative sentiments and pessimism despite all economic indicators being up. https://www.astralcodexten.com/p/vibecession-much-more-than-you-wanted
He can't find a smoking gun to explain it, but ignores a few massive factors that contribute to the overall sense of depression:
* global unwillingness to deal with #climatechange
* a constant draw on our attention (and therefore time) by internet platforms
* #enshittification
* #ai progress stifling attractive career paths
@j12t Ouch. I've read "The Two-Income Trap" https://en.wikipedia.org/wiki/The_Two-Income_Trap but seeing the up-to-date numbers for a "middle class" family budget remains shocking.
The ¯\(ツ)/¯ Party has officially launched.
It is real.
It is legal.
It is chronically disengaged and wildly overqualified for office.
Read our manifesto:
🗳️ https://postmeridiempost.com/politics/shrug-party/shrug-party-manifesto-launch/
#ShrugParty #Politics #Satire #DecorumIndex #Vibecession #OpticsCrisis
The % of Americans behind on their car payments has hit an all time high.
From 2020 until 2022, elites told Canadians that a "recession was coming". They did this to talk down demand, despite unemployment being at record lows, house prices skyrocketing, GDP growing at record levels.
Now, Canadians are still feeling the pinch of high prices everywhere, but we're told by elites it's a #vibecession, while government still tries to goose housing demand and create more inflation.
Now it's all due to Trump. 🤦♂️🤦♂️🤦♂️
https://podcastaddict.com/the-big-story/episode/187231143 via @PodcastAddict
Listen to The Big Story - Is our economy fluctuating because of "vibes"? by Frequency Podcast Network on Podcast Addict. After some consumer optimism earlier this fall, new research now shows positive views on the economy are on the decline after the U.S. election.Finance Minister Chrystia Freeland is describing it as a "vibecession". Host Mike Eppel is digging into this with Nik Nanos, the chief data scientist at Nanos Research. We love feedback at The Big Story, as well as suggestions for future e
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