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Tangentland

5,945 Posts.

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29/05/23

22:03

Post #: 68023557
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Originally posted by blueballs: ↑

AT some stage if rates keep rising and people keep putting up rents there will be no disposable income left for 1/3 of society.

Consider not only their rents rising, there electricity is going up another 25%, their groceries, a used car, etc etc...

When this happens the economy will fall into recession and unemployment will be much higher...there wont be second jobs around to get

It feels to me this isnt far away

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And there will be no cash jobs soon or cash payments to landlords. As cash won’t exsist.

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