#21
When bills get higher, households can rely more heavily on credit cards, car loans, and other borrowing to stay afloat. U.S. household debt reached $18.8 trillion in the second quarter of 2026, according to the Federal Reserve Bank of New York. Credit card balances alone climbed to $1.26 trillion, while auto-loan balances reached $1.71 trillion.
When prices keep rising and a paycheck no longer stretches as far as it used to, people take on more debt to stay afloat in a struggling economy.
#22
It's been business as usual except *everything* from raw steel to diesel fuel has skyrocketed in price the last year. Case in point I started a job last year with a budget of $1M and 6 months later I had to figure out how to account for another $300k from increased material costs and tariffs. A couple weeks ago my company shipped a bunch of stuff to Canada that absolutely was not ready to be shipped, but if we didn't have it out the door we would've gone from a healthy 20% profit to being 30% in the hole. I just started another job in Canada ($5M budget) that won't be ready for manufacturing for another 6-9 months and I'll get to deal with the fallout of that, which I am dreading.
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A wealthy country may have more room to cushion high energy costs or support households when prices rise, while a poorer country may have far less room to do the same. The World Bank expects growth in developing economies to slow to 4% in 2026, and says that pace will not be enough to close the income gap with advanced economies.
The International Labor Organization also says nearly 300 million workers around the world remain in extreme working poverty. So even when an economy is technically growing, millions of workers are still struggling to earn enough to live securely.
#25
They'll be early to mid 20s with experience doing twitch streaming, website creation, etsy arts and crafts, commissions, remote phone service jobs, and so on. They'll often say they were on the job hunt for months or a year plus trying to find an actual main job or something that can help them gain experience for their chosen career. Many have also expressed interest in or had some things lined up to find opportunities out of the country.
To me, it just screams that at least where I am (US) everything is turning into basic service jobs and gig work, which lines up with my belief that the traditional work expected of the average person is now reaching a point where it has left the nation or is getting efficient enough to not need that many people, leaving the rest to scavenge.
#26

It sadly does make sense. If people need to watch their money more closely, leisure trips to cultural sites like museums are suffering due to it.
#27

As an industry, we’ll notice small companies or owner/operators fail if a large company can undercut their rates. General freight will slow down.
The economic pressure around the world is real, and everyone is feeling it in one way or another, whether it is at the checkout, at work, or when trying to make the paycheck stretch a little further.
Have you noticed any of these changes in your own life, at work, or in the way people around you are spending? Let us know what you’ve been seeing in the comments.
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Edit: And staffing needs all over town are not being met. Theres no competition between workers because they know there isn’t anyone waiting to take their place. Personally, despite paying my cleaners $35/hr with full benefits, I haven’t been able to find consistent reliable folks who can show up to work on time and sober.
Edit: I actually don’t know our unemployment rate here. It may not be a lack of competition, but rather a lack of incentive to work hard. What’s the point of working hard if you never see yourself becoming financially secure, or being able to own a house anyways? I live in the States and the sad state of affairs here breeds an understandable sense of nihilism.
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#36

The foreclosure calls will come in a year or two as banks gear up and more people fall behind.
#37
They have more long term 'campers' (RVs as homes) than they have short term/tourists staying. They've gained 20 this year alone. And there's no specific age range. Could be 20 year olds up to retirees.
It's $750 a month for a lot, which includes sewer, electricity, water, and WiFi.
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