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u/IM_NOT_BALD_YET

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▲ 10 r/economicCollapse

You're more likely to live paycheck to paycheck if you earn less than $50k—or more than $500k, finds Goldman Sachs

No shit.

"Lower-income individuals were primarily stretched by inflation on everyday goods and housing, the bank told Fortune, while those on higher-income levels (between $100,000 and $500,000) were dealing with issues such as caregiving and housing for family members.

“Higher-income individuals may be the financial anchors for their extended families,” a Goldman Sachs spokesman told Fortune. “The data suggests that the ‘sandwich generation’ squeeze can be a key factor redirecting financial resources from long-term financial goals.”

So...those extended family members of the $500k+ earners are just lucky enough to have someone in the family who can act as their safety net. Hmm...

fortune.com
u/IM_NOT_BALD_YET — 15 days ago
▲ 6 r/economicCollapse

Map shows which state economies are growing and shrinking ahead of midterms

What Else Did the Report Show?

In addition to state-level economic growth and a final reading on U.S. GDP in the second quarter, Wednesday’s report from the BEA contained the monthly reading on Personal Consumption Expenditures (PCE)—the Federal Reserve’s preferred gauge of inflation.

The PCE Price Index climbed 0.3 percent month-over-month in August after a 0.1 percent bump in July, as the core rate increased 0.2 percent following a 0.1 percent gain. Both readings, along with the annual rates, came in below consensus forecasts.

newsweek.com
u/IM_NOT_BALD_YET — 15 days ago
▲ 37 r/floordesk+1 crossposts

Work conference ended a bit early due to backyard shenanigans and the cats who wanted to report them.

Conferring with partner about an upcoming thing for my work and the cats refused to stop complaining about everything going on in *their* backyard, which was scaring away their evening birds. Someone in here once asked if this room and the desk were more mine or the cats. I think this pic sums it up.

Pictured is my same old IKEA Lack coffee table, an IKEA rug and pair of cushions. That's my old Kallax in the back repurposed into a cat hangout station.

u/IM_NOT_BALD_YET — 18 days ago
▲ 622 r/economicCollapse

All the signs say another financial crisis is coming. Here’s why we need to prepare for it now | Larry Elliott

“Here’s why we need to prepare for it now”. File this one under both “no shit” and “thanks for the useless article”.

What’s your prepping looking like these days? Personally, I think the days of “getting in to the doc/dentist/vet/mechanic before it’s too expensive” are past and we’re firmly in “cut back on excess calories to stretch your food dollars”. Maybe that’s too far in the past for some people already.

theguardian.com
u/IM_NOT_BALD_YET — 23 days ago
▲ 11 r/RealLifeMinimalist

Cataloging Items - and here's my furniture

I know not everyone has an inventory of their things (but if you're a minimalist...why not? Seriously, consider taking pics of things at least for insurance reasons...) but if you do, I just wanted to share that I'm using Stylebook now instead of playing around so much on Whering.

I used Whering for years because it's free and you can view it on desktop (adding to it is only on mobile), but there are some limitations. The categories are preset and not editable so you have to get creative. I would have pics of my studio supplies under "accessories" and my furniture under "footwear". Stylebook is like $4 and you can edit the categories. I think it looks cleaner than Whering and I don't have to do as much scrolling to see what I own at a glance.

Anyway. Here's all the furniture I own, outside of tatami mats and a mattress in my bedroom (because I put those in "linens").

u/IM_NOT_BALD_YET — 23 days ago