Comment by array_key_first

The downturn of the economy, as a whole, is very real while simultaneously we are doing "just fine".

The "just fine" part is that our stock market is doing quite well, and those who are already wealthy greatly increased the velocity of their wealth. The flip side is that everything is too expensive, including labor, and we have to cut corners to make line go up. Most companies, by this point, have been more or less stripped for parts in pursuit of growth. Most are stagnating or experiencing negative growth now, because obviously, except a key few.

And those key few are pretty much holding everything together. Speculatively. Based off of the promise of growth without labor.

So, that's kind of where we're at right now.