“Gas prices peaked at an average of $4.56 per gallon in late May, following an initial spike in March after the start of the Iran war and the latter country’s closure of the Strait of Hormuz, a critical passageway for oil exports from the Middle East. They then fell to as low as $3.79 per gallon in early July before rising again throughout the rest of the summer.”
Meanwhile, diesel prices soared, hitting new peaks in September. On September 22, this reached almost $6.53 per gallon. This has a knock-on effect on large agricultural industries that rely on diesel fuel.
CNBC notes that current gas prices have increased the chances for changes in the US Senate during the midterm elections.
The curator who runs the ‘Financial Dystopia’ account on X (formerly Twitter) has been amusing—not to mention gently demotivating and not-so-subtly scaring—internet users since October 2021.
Over the past 5 years, they have grown by leaps and bounds. Currently, 428.7k people worldwide follow the account.
And it’s easy to see why. There’s a good balance of humor and relatability in these memes and posts. So, they resonate with many internet users.
Grab a drink or a snack, finish upvoting the most relatable pics in this list, and join the conversation in the comments.
What are the biggest financial challenges that you’ve run into in recent months? What are you doing to adapt and overcome them?
What advice would you give anyone completely new to the job market who is incredibly overwhelmed and anxious about the state of, well, everything?
How pessimistic or optimistic are you about the future of the global economy, society as a whole, and your local area?
Let us know!
