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submitted 2 days ago* (last edited 2 days ago) by zabadoh@ani.social to c/asklemmy@lemmy.world

After reading this news story that half of Americans are skipping meals because of affordability and a bad economy, I have to ask how are you all doing out there?

I heard from a real estate agent friend of mine that REOs, i.e. bank foreclosures on home mortgages, are going up like crazy, which is a sign of bad times, like the recession of 2007-08.

I have heard from others about rents not being paid, lack of jobs, etc.

Every day, there’s more news of corporate layoffs, moreso than usual.

I live in the economic bubble of the SF Bay Area, where tech wealth more-or-less insulates me and mine from the most serious consequences of a bad economy, but how are things elsewhere?

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[-] rowansprig@leminal.space 2 points 6 hours ago

Australian here. Financially things are okay for me and most the people I know, but the general stress is getting to us all. I always feel so worn down. A weekend is enough time to not want to die but not enough time to get actually rested.

I had to get a mouthguard because I'm grinding my teeth at night and the dentist said they've seen a spike in the number of people with the same problem. The stress is real and measurable.

[-] zabadoh@ani.social 1 points 54 minutes ago

I think that teeth grinding thing tends to happen anyway as you get older.

My dentist said I grind my teeth because I snore, i.e. apnea, which is a serious medical condition that can affect brain health later in life due to oxygen deprivation during sleeping hours.

This affects your ability to get long-term care insurance here in the States, because risk of dementia, stroke, etc. is much higher.

If a housemate/roommate/spouse/significant other says you snore, you should get yourself checked out by a sleep clinic and be prepared to have them prescribe a CPAP device.

Back to the grinding, like an idiot, I didn't follow my dentist's advice from 10-15 years ago to get a mouth guard, and my molars have been ground completely flat, resulting in multiple root canals and implants right now.

So you're doing the right thing getting that mouthguard.

Cheers.

[-] paultimate14@lemmy.world 7 points 22 hours ago

Northeastern US. Things are okay. Worse than I would have predicted 5 years ago but not terrible.

We pay our bills, contribute to the 401k and HSA, and have still been saving every month. Our electric + natural gas bills fluctuate as we switch from electric cooling to gas heating, but their combined monthly average has doubled in less than 5 years. I'm eyeing up solar systems for some relief. We don't drive much so the direct price of gas hasn't been huge. Groceries are a bit more expensive, but usually not as crazy as I see on the news. Clothing has gotten wildly expensive, with thrift and outlet stores selling stuff for prices I would have paid at regular retail 5 years ago.

We're holding on. I wish we ate out, and especially drank out, less. I was always a homebody, but nowadays its $15-$20 for a cocktail, $10 for a domestic draft, plus tip.

[-] craftrabbit@lemmy.zip 4 points 23 hours ago* (last edited 23 hours ago)

Pretty decent in Switzerland. The cost of living has always been very high here, but so have the wages and inflation hasn't been as bad here as in other places over the past few years.

Edit: Also, the fuel prices don't really affect me at all, or at least only very indirectly. Now, more than ever, I am grateful for the awesome trains we have.

[-] CalypsoGirl@lemmy.today 2 points 20 hours ago

I limit my food intake to stay skinny & petite & cute & energetic, but skipping meals also saves a lot of money. How's the economy where I live? I can answer that in two words: Los Angeles.

[-] zabadoh@ani.social 2 points 19 hours ago

Skipping meals now and then is energizing, I have found.

Skipping meals because you can't afford food... That's never happened to me, but I'd imagine it's soul crushing.

[-] zlatiah@lemmy.world 3 points 23 hours ago* (last edited 22 hours ago)

Belgium. Personally, I have a job now so I feel fine, has a good bit of leftover money despite being on single salary. Salaries here are indexed against cost of living (not too many countries do this anymore), so anyone who is not living in the capitol can survive even on minimum salary; and in the capitol, yes with cohousing. People without a job are somewhat fucked though... yes the unemployment benefits are quite generous, but there simply aren't many jobs out there. Belgium has a competitive strength in pharmaceuticals but then last year there was a pretty notable company shutting down, and recently GSK let go of a large chunk of their R&D team. Things are not looking very bright

I guess this isn't what the topic is about but... macro-economics numbers seem functional? The fiscally conservative leading party implemented some budget cuts that were supposed to help, I'm not an economist so I can't say whether they helped but there certainly were lots of protests. GDP is slowly growing, not as fast as NL but the numbers are going up

Edit: Just saw the news that the PM (Bart De Wever) submitted an official request to the king to resign. I take it back, we ball I guess 😂

[-] Adniem@thelemmy.club 3 points 1 day ago

well to put it nicely in egypt we are doing bad and probably failing because the ~~President~~ Dictator is just not wanting democracy and is just bad at his job

[-] acchariya@lemmy.world 6 points 1 day ago

In the provinces of the Philippines, electricity and diesel prices are hitting hard. Add to that a bad rice harvest and an expected drought which will make the next one worse, and things get bad. For me personally I am working a remote position from the us, so I am earning dollars which are worth more an more pesos each week. We try to take care of people where we can but too many people struggling will lead to instability and safety issues

[-] zabadoh@ani.social 2 points 19 hours ago

You have Trump to thank for the bad rice harvest too, because a good chunk of that Middle East petroleum that is blocked because of the war that he started would have to making fertilizer.

If you think it's bad now, wait until next year's rice harvest...

[-] acchariya@lemmy.world 2 points 16 hours ago

Its because of the el nino, heavy rains beat up the rice for this harvest, and they expect a severe drought for the next harvest (we have two per year). We can blame trump for the diesel prices and the electricity price but not for the rice harvest.

The positive of this is that we are switching to solar at an unbelievable pace and I think this islands will be solar powered for the most part in 5-10 years. Yes, it's all Chinese imported, but at this time it is better to partner with the Chinese to import solar panels than with the Americans to import diesel

[-] chleb@lemmy.world 4 points 1 day ago* (last edited 1 day ago)

I personally live in survival mode.

I hope these people will stop believe narratives of oligarchs backend politicians and stop to blindly trust politicians. Israel annually receive at least 3.5 billion dollar of aid from the USA ever year, while millions of american doesnt have proper life standard and basic healthcare insurance.

While oligarchs and upper-classes get more rich, middle class is eliminating, but if you listen their narratives, they will say GDP and economy is growing. Yes, it grows but only for the oligarchs and rich class.

[-] nitrolife@hikki.team 17 points 1 day ago* (last edited 1 day ago)

Not sure if I should write this, but here is a summary from Russia:

Everything is fine overall. There are some cuts (I work in a telecom company). Nevertheless, there are enough vacancies, and the only downside is the merging of positions from different departments in some places. At my last test interview sprint, I got a job in 3 days.

Fuel prices have almost doubled, so I've started driving less for non-essential matters. Small businesses have closed down in some places, so now there are only 3 snack bars in the neighborhood instead of 5. Inflation is felt unpleasantly; prices are slowly rising.

Nevertheless, I eat whatever I want, drink whatever I want, and buy electronics. Maybe I'm just lucky and things are worse for blue-collar workers.

[-] NovaVeles@lemmy.world 7 points 1 day ago

I am in Melbourne, Australia, things are still ticking along fine enough BUT we can see the wave coming.

There was a book from 1957 called 'On the beach', it was about Melbourne being last city on Earth that has survived a nuclear war and how we would surcumb to the same fate as everyone else. It is starting to feel like that but in economic terms.

[-] zabadoh@ani.social 2 points 1 day ago

On The Beach was adapted into a good movie in 1959

[-] Horsey@lemmy.world 10 points 1 day ago* (last edited 1 day ago)

Researcher here who taught graduate level research skills: I’m walking dogs.

Because of the belief that the economy is bad, employers are taking advantage of working class people by removing their niceties like remote work and easy work days. We’re being told to work harder and produce +50% to make up for a 10% shortfall which feels like a fucking scam.

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[-] fritobugger2017@lemmy.world 4 points 1 day ago

Most folks here in Vietnam seem pretty happy.

[-] braindead_hottie@lemmy.world 11 points 1 day ago

Rural north-eastern Brazil.

I'm unemployed, living with my mom and sibling and we're neck-deep in debts while living on less than $400 a month. I can't afford to go to university and there are little to no jobs that I can do nearby (I'm autistic and have a shitload of sensitivities). I've a couple more places to apply to, and my dad is studying the possibility of bringing me to live with him somewhere else.

[-] FeelThePower@lemmy.dbzer0.com 11 points 1 day ago* (last edited 1 day ago)

I only paid $200 of my rent today and have to backpay the rest. been eating white rice with random stuff mixed in to sustain. sometimes vegetables, sometimes beans, sometimes absurdly random shit like mustard or pickles lmao. gotta do whatcha gotta do I guess. I live not far in the central valley

Fuck, wish you best of luck bud o7

[-] gandalf_der_13te@feddit.org 4 points 1 day ago
[-] Caves_of_steel@lemmy.world 4 points 1 day ago

The central Valley is in california

[-] WanderWisley@lemmy.world 3 points 1 day ago

Live in rural northern Nevada. Everything is pretty expensive now. Especially because of being so rural everything has to be bought in by truck. And 90% of the people here are insanely conservative and are all preparing for WW3 or civil war 2. This up coming week is gonna be crazy and interesting.

[-] SpaghettiMaster@feddit.uk 6 points 1 day ago

UK, depends who you talk to. Russian bots would have you believe everything is falling apart. London is also really expensive.

I live on the south coast, even on minimum wage I have never struggled. As long as you can find stable employment you will have enough money to be comfortable. Honestly, I don't even know what to spend my money on.

Approx monthly bills, 900 mortgage (fuck you Liz truss), 175 council tax, 80 electricity, 120 food, 22 internet. Water is on a 6 month cycle and costs some mid 2 figure number each time so that is barely anything.

So about 1300/month. That is for 2 of us, £650/month each, or £7800/year. Minimum wage is about £25k.

[-] NovaVeles@lemmy.world 6 points 1 day ago

I love and completely hate just how much of a dint Liz Truss did in for 40-something days. Made the history books in the worst way.

[-] gandalf_der_13te@feddit.org 4 points 1 day ago* (last edited 1 day ago)

£120 food

that is ... very low? i spend 300€ on food each month

also what is "175 council tax"?

also damn, "900 mortgage" (for 2 people) each month? that's surprisingly affordable.

[-] SpaghettiMaster@feddit.uk 2 points 1 day ago

Well living on the south coast is more affordable than London, air is a bit cleaner too. Downside is lots of reform scum.

Council tax is something each household has to pay, houses are in different bands depending on their price in the 90s. Though the tax range is fairly narrow compared to the value range of houses. House could be 100x the cost of mine yet the tax would barely be 3x as much.

[-] BlackPenguins@lemmy.world 17 points 2 days ago* (last edited 2 days ago)

I grew up somewhat privileged. We weren't rich, but my family never really wanted for anything growing up. And then I was able to live at home until 25 and pay off my student loans and get a good career with no debt. So the economy doesn't really affect me. I don't live paycheck to paycheck but I'm extremely frugal and I do notice grocery prices increases. That being said I'm 100% progressive and do have sympathy for others and we need to fix this system.

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[-] fruitycoder@sh.itjust.works 11 points 2 days ago

I'm on the look out for jobs for 4 people right now but not seeing anything good so far despite their talents.

Everyone is stuck housing wise where prices are so high plus inflation most I know can't get into buying a house and those that want to sell are holding off.

Every retired person I know is on active look out to reduce expenses drastically because the fixed income just enough.

[-] Goldholz@lemmy.blahaj.zone 2 points 1 day ago* (last edited 1 day ago)

Exactly how Habeck and every smart person foretold it if we dont innovatd: going down the gutter

  • germany
[-] gandalf_der_13te@feddit.org 2 points 20 hours ago* (last edited 20 hours ago)

Body

fuck that buzzword of "innovation", it's just corpo-talk.

and also fuck the personality cult around habeck. haven't we learned nothing from history? no personality-cults.

[-] Goldholz@lemmy.blahaj.zone 1 points 13 hours ago

....yeah lets do everything in our power to keep build fossile fuel cars instead of electric. Lets not get into solar and wind energie but stay in gas! Woho!! Change nothing and ride the downfall!!!

[-] moonshadow@sh.itjust.works 11 points 2 days ago

I barely have enough money to make a trip into town, much less buy anything. I squat in the woods eating fish and potatoes and tinkering with the scavenged infrastructure that supports me. It's actually pretty dope lol

Honestly sounds dope. Be safe out there though

[-] moonshadow@sh.itjust.works 3 points 1 day ago

The dopest part is when it's so nice out you don't have to wear clothes, everyone wants to come visit, and both freedom and fine dining surround you in unlimited quantities. The least dope is when you're drying firewood next to a fire, out of everything but rice and jerky, and hauling water all alone cause you can't get $20 together to fix your pump. Definitely not safe, but definitely real and apparently that's what matters to me. Probably going to go be more traditionally homeless somewhere warmer this winter and get some $ together

[-] jobbies@lemmy.zip 31 points 2 days ago

Scotland. Fucked. The terrifying thing I realised recently is how I can see the sharp decline in living standards pre-and-post covid. If we dont get a grip of it we're backsliding toward Dickensian levels of poverty and deprivation.

Other thing I noticed recently - how most of our short-term problems can be linked to that cunt Trump. Iran war, tariffs, Ukraine etc. I say this to highlight to the Americans in the room that your political choices have implications far beyond your own borders. Theres fuck all I can do about him, but plenty you can do.

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[-] Fierro@piefed.social 4 points 1 day ago

Supermarkets are struggling because there aren't enough people buying groceries.

[-] schipelblorp@sh.itjust.works 61 points 2 days ago

What's weird to me is that economist are observing the official numbers and concluding that things aren't that bad and the public is suffering some kind of mass psychosis, when the reality is just worse than reflected in their numbers completely escapes them.

[-] wonderingwanderer@sopuli.xyz 4 points 1 day ago

Yes because economic metrics were never intended to show how the economy is doing for the average person. The entire field needs to be reworked from first principles before it has any value to us

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[-] Octavio@piefed.social 32 points 2 days ago

Booming in Taiwan. GDP growth over 10%, construction cranes everywhere you look, shops and restaurants going gangbusters. And it’s all because of the world’s insatiable appetite for AI chips. So, yah. What could go wrong?

[-] ivanafterall@lemmy.world 11 points 2 days ago* (last edited 2 days ago)

No money. Living in a camper on my parents' property while going back to school to become a massage therapist, because AI can't squeeze people.

So not so great, I guess. But hopefully the license turns the money spigot back on, cuz Uber driving is becoming slavery and is barely profitable.

[-] NovaVeles@lemmy.world 4 points 1 day ago

A few years back there was an ad campaign for a construction company, they put it on the side of buildings under construction, it merely said "Hey ChatGPT, finish this!".

Find jobs they cannot automate and massage therapist is a great one. best of luck for the future from a random internet stranger.

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this post was submitted on 31 Oct 2026
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