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'The economy is different now': Parents pay grown-up kids' bills with retirement savings
(finance.yahoo.com)
this post was submitted on 05 Feb 2024
140 points (97.3% liked)
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If this is true it might help explain the recent divergence between GDP and GDI.
At this point GDP is literally just a measure of how well the 1% are doing.
When the GDP is bad, we all suffer and prices go up. When the GDP is good, we all suffer and prices stay high
Always has been. 👨🚀🔫👨🚀