Many respondents believe the US economy is already in dire straits, the poll found
More than four in 10 Americans believe the country is heading toward a complete economic meltdown within the next decade, according to a new poll.
The survey, released by YouGov on Wednesday, shows Americans are more worried about the economy than potential threats to the democratic system or the prospect of civil war.
42% of respondents said it is very or somewhat likely that there will be “a total economic collapse” in the next 10 years, while a smaller share, 38%, described this outcome as unlikely.
Financial anxiety ran much higher among Democrats, 53% of whom feared an economic breakdown, compared with just 28% of Republicans.
There have been total economic collapses every 10 years or so for my entire life.
Don’t we always fear this and rightfully so because every 10 years we have an economic meltdown now?
MIT stats says it’s less than 10 years. Expects world wide full breakdowns by 2030 due to climate change. You thought the holocaust was bad.
Hopefully sooner.
I don’t think you know what you’re hoping for.
Does the prospect of societal breakdown, warlordism, loose nukes, and mass starvation really sound nice to you?
I think the concept is that nothing is a strong enough catalyst for change. The overton window is slid so far right now, you either support all the billionaires or most of the billionaires. If it all implodes, the idea is that people will mobilize and we’ll be executing them in the streets.
I don’t know that it will be enough even at that, but we’re ceraintly not going anywhere sane as it sits now.
But most of American billionaires wealth is in stock evaluations. If the economy collapses billionaire will have nothing of value to extract from.
except for mansions, and yachts, and gold, and silver, assets in companies, IP, Paintings, and cars and jets and …
which would do nothing for the average american after the revolution.
I don’t think the revolution’s comin. We’re going around the long way
That is way too optimistic
Today’s empires are tomorrow’s ashes. This too shall pass. A better world is possible.
Today’s empires are tomorrow’s ashes.
The US goes through recessions roughly every ten years, thanks to credit expansion and contraction. If anything, the next recession has been postponed far longer than expected.
The idea that we’re going to be “ashes” in another ten years… the fucking doomer juice has blasted basic American history out of everyone’s brains. Go back and live through the Great Recession, then talk to me about End Of Empire. Live through 9/11. Countries don’t just stop existing because of a stock market sell-off, ffs.
Upvoted and agreed. But I think the US financial collapse has more to do with:
∙ Short-term incentives — businesses chasing next quarter while ignoring the long game. CEO tenure averages around 7 years, but comp structures reward short-term predictability over long-term health. Make the number go up, cash out, someone else’s problem. ∙ Crushing debt — not “insolvency” in the household sense, since the US prints its own currency, but debt-to-GDP at ~120% and interest payments consuming an increasing share of federal revenue creates real risks: inflation, dollar credibility erosion, and crowding out actual investment. ∙ No savings cushion — ~57% of Americans can’t cover a $1,000 emergency. That’s not a recession risk, that’s a detonator.Empires don’t fall suddenly — they transform. The Roman Empire never really “ended”; the eastern half ran unbroken from Constantinople for nearly a thousand years after Rome’s western collapse. The threat isn’t a single dramatic crash. It’s a long, slow institutional rot that’s already underway.m
This isn’t your fault, but I’m on mobile in the default web interface and fuck this side-scrolling code block thing.
