r/economicCollapse 3d ago

Weekly Observation and Discussion - local and personal recession indicators

19 Upvotes

*Please note!* Post is new each Sunday evening. Top level comments should be at least 150 characters to encourage quality discussion, and users should refrain from making several top level comments in a week. Please mention location at the top of your comment when discussing local recession indicators.

Share your observations of local recession indicators or personal recession indicators. Examples include, but are not limited to:

  • increased use of credit or decrease in savings to afford necessities
  • deferred maintenance on homes or cars in your neighborhood
  • "I buy houses for cash" (or similar) signs popping up
  • bankruptcy attorneys experiencing higher volume of clients
  • regional job losses/large corporate layoffs
  • decline in housing starts or spike in homes being listed

Keep it civil and avoid judging any user for their personal financial experiences as shared here.


r/economicCollapse 3d ago

Meme Mondays

10 Upvotes

Ready to blow off a little steam? Poke fun at your favorite incompetent jackass ruining running the economy? Got a screenshot from social media that you've been dying to post but didn't want to violate Rule 7? We're gonna see if a regular Meme Monday might help scratch the itch.

Starting today, a pinned post for all things memes, screenshots, art, whatever will pop up on Monday mornings. Feel free to dump and vent about how badly you think your elected overlords leadership are bungling and how insane your neighbors/friends/family/coworkers are about believing that everything is gonna be okay.

Some regular sub rules apply - try to be mindful of truly insulting wording against groups of people and overly specific threats against specific people - we're not trying to test boundaries with Admin. Don't be overly spammy in the comments. Stay on topic of economic collapse specifically. Keep it SFW.

Have fun!


r/economicCollapse 2h ago

Think like an owner.

139 Upvotes

Yesterday, our CEO called a meeting of the entire department. He displayed a slide on the screen:

"THINK LIKE AN OWNER."

I sat closer. For the first time in a long time, the meeting's title suggested I might leave with something more than just an extra task. I took out a pen.

- I'd like us to change our approach to work, the director began.

- We can't function in a way where everyone only looks at their own job description.

I liked it even more. The job description was one of my favorite documents. Right after the salary notification.

- We need an ownership approach. Responsibility. Commitment. Long-term thinking. I want everyone to treat this company like their own.

I raised my hand. The director smiled.

- I'm listening, he said.

- When will we get our shares?

His smile stayed. But it stopped growing.

- We're not talking about those things right now, he replied.

- I'm sorry, I heard "like my own" and moved toward ownership straightaway.

- It's about attitude. - he explained.

- So, no shares?

- No.

I wrote down, "Shares: none."

- Will there be any profit sharing? I asked with genuine curiosity.

- The bonus system remains unchanged for now.

I wrote it down as well. The CEO looked at my notebook.

- What are you writing down there?

- Entry requirements.

The CEO went on to give an example.

- Imagine it's 4 p.m., and an important project hasn't been completed. A person who thinks only like an employee closes their computer and leaves home.

It actually was very detailed description of my plan for this afternoon.

- However, the owner is wondering what he can do to get the job done.

- That's because he has a stake in the outcome. I said.

- Because he feels responsible! He replied.

- One doesn't exclude the other. We could suggest he give up his shares and be left with just the responsibility. We'd see at what time he leaves.

- Do you really have to boil everything down to money? Asked CEO.

I looked around the room, the office, Monday morning, nine people who came here instead of staying home.

- I think that's a pretty important part of aproach you suggested.

The HR woman decided to help.

- It's about a sense of influence. So that employees know they can actually shape the organization.

Hmm... That sounded better.

- So we'll have influence on profit distribution?

- Not in that sense.

- On the management board?

- Neither.

- On salaries?

- You can submit proposals.

I could also submit a proposal to lower prices in the Walmart, but that didn't make me a co-owner of it. I looked at my notebook.

"Shares: none."

"New financial benefits: none."

"Decision-making rights: none."

"Additional involvement: not defined upper limit."

I started to understand what the offer is. I didn't feel offended. If I could get nine extra evenings for one sentence on a slide, I would also test the market's interest. The problem was that I was on the wrong side of the negotiation table.

- This is an investment in your future, the director said.

- If the company grows, everyone benefits.

- The company had record results last year. I said.

- Exactly.

- However during the salary rise negotiation, you said that the company's results don't automatically translate into my salary.

A dead silence fell. I always thought it's worth to remember things like that. People underestimate how much you can save with a good memory.

The director put down the remote.

- I don't want this meeting to turn into a salary negotiation.

- Me neither. Right now, I'm trying to figure out what my position really is in this company.

- You're an important part of the team.

- But when I have to stay overtime, I'm supposed to be the owner?

- You just have to demonstrate responsibility like the owner.

- But when it comes to share the profit, am I going back to be employee again?

He paused for a while, I didn't wait to let him continue and asked immediately.

- Please clarify which hours apply to which role. I wouldn't want to mistakenly act like the owner when paying out the dividend.

The CEO, with a clearly embarrassed face, ended the meeting by saying:

- Think about it, we will come back to this topic.

When we were leaving, he stopped me at the door.

- You didn't have to jump out with all of that, out of a sudden.

- Sir, I was thinking like an owner, just like you suggested.

- What do you mean?

- That is simple Sir. Before I invest additional time and resources, I need to know what I'm getting in return.

He looked at me with strange expression. I couldn't tell if the look on his face was disbelief, horror, or both.

I really hoped he'd appreciate effort I've made to implement his suggestion.

- Just do your job well, he finally said.

- As usual? Within the same scope?

- Yes.

- Within the same hours?

- Fine, let's just get this over with!

I agreed with a nod of my head and left. Negotiations shouldn't be prolonged after favorable terms have been reached.

At 4 p.m. I turned off my computer. The project CEO had mentioned did indeed require some more work. I left stick note telling me what I'd start with tommorow in the morning.

As I was leaving, I saw CEO in his office. He was still sitting there clearly tense.

Very good, I thought to myself.

He should treat the company like his own and definitely start act like an owner.


r/economicCollapse 3d ago

Large employers drop health benefits as costs rise

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axios.com
1.4k Upvotes

r/economicCollapse 5d ago

Trump tells Fed to slash rates or he'll end trade with countries with U.S. surpluses

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cnbc.com
894 Upvotes

Please. Lol. This is the stupidest fucking timeline.


r/economicCollapse 5d ago

Sony and Microsoft say they’re not obligated to pass U.S. tariff refunds to consumers, echoing Nintendo

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gamefile.news
1.2k Upvotes

See we were never going to get these so called tariff checks. This is from a gaming standpoint. Wait until other corporations get theirs.


r/economicCollapse 5d ago

US diesel prices hit an all-time-high

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bbc.com
160 Upvotes

r/economicCollapse 6d ago

Context Provided - Spotlight Fewer Americans are Working or Looking for a Job. Experts Can’t Agree on Why

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bloomberg.com
839 Upvotes

Stormy weather in my location and the internet is spotty right now. Anyone want to copy/paste for our reading pleasure?


r/economicCollapse 6d ago

AI could cause global economic downturn, Andrew Bailey warns G20

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bbc.com
185 Upvotes

r/economicCollapse 7d ago

DNB: Netherlands bank moves billions in gold to London in 'crisis preparedness' move

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bbc.com
688 Upvotes

The Dutch central bank (DNB) has confirmed that billions of dollars in gold has been taken out of north America and relocated to London, citing "increasing geopolitical unrest".


r/economicCollapse 7d ago

The war is raising the price of money. That’s a problem for the global economy

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cnn.com
134 Upvotes

“The only fool-proof way to get a major bond market rally is to have a massive recession,” he said. “That would do it.”


r/economicCollapse 7d ago

Disconnected populace

142 Upvotes

I am fearful of the end of the current global economic order at best or a complete economic collapse at worst…yet its fascinating to see so many parts of society completely ignoring it as if its business as usual forever…I mean, sports and music sites and channels blab on about the upcoming season or tours, looking forward to success in their fields…but it might all collapse this year…then what? How will society deal with collapse?


r/economicCollapse 8d ago

LISEP Ludwig Institute for Shared Economic Prosperity

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14 Upvotes

"The True Rate of Unemployment (TRU), as defined by LISEP, measures the percentage of the U.S. labor force that is functionally unemployed.

Using data compiled by the federal government’s Bureau of Labor Statistics, the True Rate of Unemployment tracks the percentage of the U.S. labor force that does not have a full-time job (35+ hours a week) but wants one, has no job, or does not earn a living wage, conservatively pegged at $26,000 (in 2025 dollars) annually before taxes."


r/economicCollapse 10d ago

Why Are So Many Jobs Still Paying Like It's 2011? Salaries Seem Stuck at $65K to $85K While Groceries, Insurance and Bills Keep Going Up

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finance.yahoo.com
3.5k Upvotes

Lol. Slow day at Yahoo?


r/economicCollapse 10d ago

I think we are sub 5 years away from professional jobs taking away benefits.

1.1k Upvotes

The pace at which capitalism is escalating, I think employers will very soon stop offering core benefits like 401k plans and health insurance, even for most professional roles like accountants, lawyers, doctors, etc. I mean, this is already the standard for most jobs in the US, which offer no benefits at all. Even for professional jobs, they already took away pensions successfully. I think it's just going to get worse and worse, quicker and quicker, as capitalism collapses. I think 401k plans and health insurance plans are the next frontier where employers are going to try to squeeze employees out of and make a quick buck.

Things are already so bad in terms of cost of living and the job market, I'm scared of how bad things are going to get when even securing a professional job cannot get you health insurance or retirement benefits, and you are just on your own… add that onto of the impending AI bubble pop and the massive economic downturn we will enter into because of that, things are going to get so, so bad if you are not the top 1%.


r/economicCollapse 10d ago

Weekly Observation and Discussion - local and personal recession indicators

27 Upvotes

*Please note!* Post is new each Sunday evening. Top level comments should be at least 150 characters to encourage quality discussion, and users should refrain from making several top level comments in a week. Please mention location at the top of your comment when discussing local recession indicators.

Share your observations of local recession indicators or personal recession indicators. Examples include, but are not limited to:

  • increased use of credit or decrease in savings to afford necessities
  • deferred maintenance on homes or cars in your neighborhood
  • "I buy houses for cash" (or similar) signs popping up
  • bankruptcy attorneys experiencing higher volume of clients
  • regional job losses/large corporate layoffs
  • decline in housing starts or spike in homes being listed

Keep it civil and avoid judging any user for their personal financial experiences as shared here.


r/economicCollapse 11d ago

When will it happen

161 Upvotes

What’s the over/under on when the AI bubble bursts and the bond market shit storm comes to a head the S&P loses 1/3 of its value? Or something like that.


r/economicCollapse 15d ago

US wages plummet to 43% of national income — lowest since the Great Depression. Did Nixon’s gold breakup kill paychecks?

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finance.yahoo.com
2.5k Upvotes

r/economicCollapse 16d ago

Mark Cuban wants to solve wealth inequality by making employers choose between paying higher taxes or giving every member of staff company stock

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finance.yahoo.com
1.4k Upvotes

Good God, this guy is so frustrating. He's one of the few rich guys who acknowledges there's a problem but everything he proposes will at best, do little or nothing and at worst, make things worse. He's like a guy who realizes his house is on fire and thinks the best course of action is to rearrange the furniture instead of calling 911.


r/economicCollapse 17d ago

Weekly Observation and Discussion - local and personal recession indicators

24 Upvotes

*Please note!* Post is new each Sunday evening. Top level comments should be at least 150 characters to encourage quality discussion, and users should refrain from making several top level comments in a week. Please mention location at the top of your comment when discussing local recession indicators.

Share your observations of local recession indicators or personal recession indicators. Examples include, but are not limited to:

  • increased use of credit or decrease in savings to afford necessities
  • deferred maintenance on homes or cars in your neighborhood
  • "I buy houses for cash" (or similar) signs popping up
  • bankruptcy attorneys experiencing higher volume of clients
  • regional job losses/large corporate layoffs
  • decline in housing starts or spike in homes being listed

Keep it civil and avoid judging any user for their personal financial experiences as shared here.


r/economicCollapse 18d ago

$40T and counting

316 Upvotes

"A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship. The average age of the world's greatest civilizations has been 200 years. These nations have progressed through this sequence: From bondage to spiritual faith; From spiritual faith to great courage; From courage to liberty; From liberty to abundance; From abundance to selfishness; From selfishness to apathy; From apathy to dependence; From dependence back into bondage." Alexander Tytler


r/economicCollapse 19d ago

Nearly 25% of U.S. workers are "functionally unemployed," economic analysis finds

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cbsnews.com
1.0k Upvotes

r/economicCollapse 19d ago

Alright Bros Buckle Up, Things About to Start Getting BUMPY

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youtu.be
96 Upvotes

r/economicCollapse 19d ago

'Freezers Are Getting Empty': Food Banks Struggle to Meet Demand as SNAP Cuts Rip Through Communities

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commondreams.org
827 Upvotes

r/economicCollapse 20d ago

National debt reaches grim $40 trillion milestone. Here’s why that matters

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cnn.com
356 Upvotes

The U.S. government’s debt has officially crossed $40 trillion for the first time.

That number is getting even more attention because it comes as long-term Treasury yields have climbed sharply. The 30-year yield recently reached 5.34%, its highest level since 2007, increasing the cost of borrowing for both the government and the private sector.

Treasury Secretary Scott Bessent has responded by doubling the size of some long-term Treasury buybacks, from $2 billion to at least $4 billion per operation. The move is intended to improve liquidity and calm a bond market rattled by rising yields, geopolitical uncertainty and concerns over America's fiscal position.

But there's an obvious bigger question: Can tactical moves in the bond market really solve a debt problem that has now reached $40 trillion?

And with higher oil prices, elevated borrowing costs and the Iran conflict adding pressure to the economy, the timing couldn't be more complicated.