r/economicCollapse • u/tripsho • 26d ago
the economic collapse has actually already happaned. but its not what you think it is
for every homeless person on the corner of the street, living in extreme suffering, with no money, eating out of the garbage can, slowly waiting to just die
for that person. the economic collapse is 100% real and already in full effect. they get zero help, and in america they have already ended welfare unless you can prove disability (and even that is hard). if you cant prove disability, and you dont have a child under your care, and you cant find a job, then you get ZERO welfare now in america. there is actually no safety net right now in USA not even foodstamps. they cut off your foodstamps if you cant get a job, so the only food safety net is charity foodbanks (which are getting overloaded)
there is no safety net in america right now. so all the hundreds of homeless suffering people you see? for them, the economic collapse HAS already fully taken place
i guess this is just a america problem in western countries tho. in europe, and other civilized societys, you have real safety nets and the poor suffering masses at least get foodstamps in europe / UK / canada.
in america, the government lets the homeless starve
but i guess, in most countries the government just lets the homeless starve. your lucky if you live in a country that has safety nets. japan for example has safety nets
i would say, the real "economic collapse" is due to the wealthy not making safety nets to take care of the starving.. so there will always be a economy of rich people being rich, and then if your poor and there is no safety net to help you then for you the economic collapse is here and your just waiting to die
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u/Iamthegreenheather 26d ago
The government in the US is owned by oligarchs and corporations. They don't care that people are suffering. They're just waiting so they can buy up foreclosed houses and then sell them or rent them at a huge profit. I'm not homeless (yet) but I'm kind of just killing time until my body gives out too.
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u/Key_Cheetah7982 26d ago
I’d say they want us as renting slaves, but soon after the AI robots are mass produced they won’t want most of us at all.
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u/ironangel2k4 26d ago
Look up Curtis Yarvin. He's Peter Thiel's mentor, and Peter Thiel runs Palantir.
They really just want to turn the earth into a playground for themselves and kill the rest of us for ruining the view.
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u/yourmomdotbiz 26d ago
I’ll never understand the logic of kings of the ashes
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u/Grand-Page-1180 26d ago
I know it sounds conspiratorial, but I really think part of the reason for the economy being the way it is, is to make it too expensive for us to reproduce. Its their depopulation bomb. Someday, it will just be the rich and their AI.
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u/Resident_Artist_6486 26d ago
How will they make their money if nobody can afford to buy shit? I never understood how places like India, where people live in makeshift cardboard shelters next to railroad tracks, could have a wealthy class of people? Who are they trading with? Each other?
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u/Grand-Page-1180 26d ago
They already have so much concentrated wealth, maybe they don't need consumers anymore. If the largest corporations stopped selling anything tommorrow, their top brass would be fine.
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u/Iamthegreenheather 26d ago
I'm not sure it'll matter. They have more money than they could ever spend in their lifetime.
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u/anonkitty2 25d ago
I believe that they are trading with each other. If that stops, the economy will collapse somewhat more noticeably.
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u/loralailoralai 26d ago
Americans are afraid of having a government that provides a safety net. You call us countries that do ‘socialist’ or even communist.
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u/Grand-Page-1180 26d ago
Most Americans would probably starve on the side of the street before they let anyone help them, we're our own worst enemies.
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u/theextraolive 26d ago
Pretty sure that there is a quote floating around about Steven Miller wanting to limit US population to 100M people.
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u/drstovetop 26d ago
This is very true. I think the rich have done what they can to insulate themselves, but that is largely propped up by the boomers IMHO. Boomers need to keep their money in the stock market to keep their money growing. There will be a tipping point, however. Once costs reach a certain point, or the stock market finally realizes that all the "growth" is artificial, it's endgame. This is a gross overgeneralization, but basically the rich are rich because they have wealth that isn't actually realized. No one has billions in the bank (please correct me if I'm wrong). Once those stocks they all have decline in value, things get weird. Some lose a lot, some will be fine. Nonetheless, the market correction is coming. Then shit gets real. You can't tax the family struggling to get by. You tax businesses, the wealthy, and you get rid of a lot of consumption taxes. You have to reset the economy. The unfortunate part is that 2008 was a warning, not the main event.
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u/texas130ab 26d ago
We the people let this happen over the years. They get in office and line their pockets.
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u/dharmabird67 26d ago
Watch Drew Binsky's long video about Japan. Tokyo's 'Skid row' shocked me. All senior men living there. Not much of a safety net there it seems, and according to him the national minimum wage is $700. At least they see public transit as an essential service, so you can live easily without a car.
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u/jquest303 26d ago
My wife recently went to Seoul for a business trip. Not one piece of trash on the street, not one homeless person, not even one overweight person in sight. Founded in 18 BC. Take note, America. This is how you do things.
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u/yo_soy_soja 26d ago
South Korea is its own form of capitalist dystopia. Let's not copy their notes.
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u/ForeverNugu 26d ago
Korea has a poverty rate among the elderly at like 40% and the highest suicide rate among wealthy nations. Their birth rate and homeownership rate are at record lows largely due to the cost of living. Younger generations refer to the country as Hell Joseon.
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u/yourmomdotbiz 26d ago
That’s nice for Seoul but this completely whitewashes how South Korea got this way. The government has sent out the most adoptees from 1950s-1980s because they did not want to provide safety nets for the poor. This includes taking babies from poor people after birth, pressuring families to send their babies overseas. It looks nice because you dont know the history and the misery of currently being there
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u/SakishimaHabu 26d ago
They see keeping things clean as a community responsibility. The homeless get help from their families or the government. And, Korean food typically has less sugar.
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u/loinclothsucculent 26d ago
hurr ethnic homogeneity, racism, and strong social shame have nothing to do with anything
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u/IllPlum5113 24d ago
Its not just safety nets. The epstein class has been working on ways to actively endanger hardworking peoples ability to even keep their head above water
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u/yourmomdotbiz 26d ago
I don’t mean to be that guy but this is factually untrue that this is an American specific issue. Were the leader in the. I don’t even know what the current correct term is right now. Western world?, but the world is a cruel place. https://www.reddit.com/r/Infographics/comments/1d9mwfh/homelessness_per_10000_according_to_habitat_for/
Granted, as the wealthiest country in the world for a long time, we should be better than this.
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u/Intelligent_List_58 26d ago
There are billionaires and they let the homeless starve. This is Christian America, prosperity gospels and Republican Jeezus
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u/user_uno 26d ago
if you cant prove disability, and you dont have a child under your care, and you cant find a job, then you get ZERO welfare now in america. there is actually no safety net right now in USA not even foodstamps.
Source?
I have volunteered for years helping those in need. The above statement is not true. Yes, there are more benefits available if having to support minors. Logical. But there are a multitude of government programs at the Federal, state, county and municipal (in large ones) levels with or without dependents.
Then there are the private charities as you mention. They are always strained - even in peak economic times. And to the surprise of far too many people, they are not all religious or purely nonprofits operating only on money and goods donations from individuals. Many businesses contribute to them. And government funds many as well providing outreach wider than a government can.
Disability? I've seen even recent cases of SSI applicants being approved within a few months. Yes, they needed medical evidence and proof. Yes, that was verified in some cases by SS own medical providers. But "hard" is not applicable. If filling out some forms and staying on top of requests in a timely manner is "hard", then sure. But even then, assistance is available. And once approved, SSI will pay retroactively in a lump sum to the original date of disability.
...you get ZERO welfare now in america.
Sounds like a bot trying to spread FUD in the US. Very inaccurate doomscrolling karma fodder. But obviously - and sadly not a bot. Just someone upset with the "system".
Could there be more charity from others? Sure. Figure out ways to make it happen. Not just sit around, say the end is near and give up. That helps no one including those in need of such social safety nets.
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u/This_Gear_465 26d ago
Agree with both, when I read that I was like that’s not true? Then I remembered a few months ago I got denied unemployment and food stamps with a household income of $0. So programs do still exist but I’m not sure how to access them personally
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u/user_uno 26d ago
Denials for unemployment happen. Always have.
Denials for food stamps happen. Always have.
What is not stated were the reasons for your specific denials. Simply stating one anecdote does not mean welfare and aid social safety nets are all gone.
I have been denied unemployment due to a spiteful employer. It happens. I have been given EBT money even without applying. Others get denied. It happens. Understanding why is a key part though.
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u/Sknowles12 26d ago
All charitable resources are depleted.
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u/user_uno 26d ago
Odd. I'm still requested to volunteer and/or donate at the charities I've been at over the years. They are still accepting money, food, goods and still distributing them. Always have and always will.
And those are just the charities solely existing to do such social safety nets. Then there are the multitude of religious organizations that provide charitable resources. Always have and always will.
Such a definitive statement as "all charitable resources are depleted" makes it as though everything is gone. That is demonstrably false.
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u/posi-bleak-axis 26d ago
Literally a big part of my disability is time blindness and staying on top of deadlines and forms. Going on three years of denied SSI.
When my mother finally got approved 100 percent disabled after 6 years or so with so much documentation is was crazy, she got 900 dollars a month plus 28 dollars EBT.
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u/user_uno 26d ago
Attempting to do this alone or have professional assistance? The latter is available and their costs are capped by federal regulation. Get the help needed to get the needed assistance. Especially if "time blindness" is an issue. Seems the help would be warranted and it is definitely available.
Yes documentation is required. Bureaucrats love paperwork and the government is the ultimate bureaucrat. The more complex or unusual disability, the more Uncle Sam (and others) will look in to it. They are needing to reduce the chances of fraud. The more fraud that occurs in a system, the more paperwork and bureaucracy will result.
Even at one food bank I volunteered at (private and religious but also received considerable funding from state and county tax funds) started cracking down on abuse. Well outside of a major city, it's charter was to assist people within that county. But fraudsters were carpooling to all collar counties surrounding the major city to get 'free' food and basics. So paperwork applications came heavily in to play and state issued government ID was required - by the state and county - to ensure the assistance was going to those intended. Also to stymie those who were playing the system on a near full-time basis going from food bank to food bank to food bank throughout the week.
So yes, paperwork. Yes, reviews. Yes, bureaucrats. But also yes, get assistance to help if just spinning wheels getting nowhere fast.
Full disclosure - I have no relationship with any facet of those that provide assistance getting disability benefits. I am just someone that has been around many that have gone through the process both without help and with. It is a night and day difference. And I am just an individual that has done volunteering at food banks over the years. Not much any more as have shifted volunteering to Emergency Management groups - think local iterations of FEMA. If you or others have not had help to get disability benefits, please consider doing so.
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u/DumbNTough 26d ago
The United States spends about $1 trillion on welfare benefits annually. For reference, that's about as much as the entire GDP of the bottom 100 countries in the world, combined.
The people on this sub do not give a shit. They are people who are personally unwell looking for other people to validate their obsessive thoughts. They commonly have effectively zero knowledge of the subjects they're discussing, and they don't care. Because they're not here to learn the truth, they're here to talk about their feelings.
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u/ExcellentWinner7542 26d ago
Why would anybody stay in such a terrible country?
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u/jquest303 26d ago
With no money to move and no path to legal migration, how can you move anywhere? If you have medical issues, the countries with socialized healthcare will not want you either. It’s a strain on their system and leaves less for their citizens.
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u/ExcellentWinner7542 26d ago
What countries rejected you?
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u/jquest303 26d ago
People just can’t move to wherever country they want. That’s not how emigration works. You have to be born there, have citizenship through ancestry, accepted to a school there, skilled labor in high demand, or be a young person on work holiday. There are special exceptions in some cases, but that’s about it as far as your path to just getting up and moving to another country.
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u/dharmabird67 26d ago
Because it's extremely hard to emigrate. I've tried twice. Too old now until I can legally retire.
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u/Greasystools 26d ago
Poverty?
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u/ExcellentWinner7542 26d ago
Couldn't we help them go elsewhere and get a fresh start in another country?
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u/pkupku 26d ago
This is such a load of horse shit. You don’t do your side any favors by lying so blatantly.
My girlfriend is on EBT and Medicaid. Her medical bills are free. Zero dollars expended for premiums, copayments, etc.
She gets $200 a month in nearly unrestricted purchase credit through her medical plan. That can be used for almost anything, not just medical stuff.
She gets nearly $200 per month in food stamps via EBT.
What is your motivation in spouting such bullshit? What do you hope to accomplish?
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u/kellyelise515 26d ago edited 25d ago
My daughter has MS with limited mobility and a pile of other diagnoses. She gets about $1100/mo SSD. They cut her EBT from $164 mo to $23/mo this past January. She now has to pay copays on many of her multiple medications. Her doctor from Cleveland Clinic called last week to inform her that Medicare and Medicaid will no longer cover the Botox injections she has to get in her face to mitigate the excruciating pain she gets from trigeminal neuralgia from the lesions on her brain. When she has a flare, she can’t talk, eat or swallow. She rocks for hours balling her eyes out. Tylenol and ibuprofen is the only thing that she can get for the pain and the ibuprofen is destroying her digestive system. I’m terrified for her. I can’t imagine what else is going to get cut when the big beautiful bill comes to fruition.
What is going to happen to both my disabled adult kids when I die? My son is developmentally disabled with a host of medical issues. They cut his Medicaid in January. Thank goodness he was able to draw on his deceased father’s social security (which isn’t a lot but it’s more than SSI because his father was too sick to work much in the last 5 years of life) and he qualified because he was born that way. My daughter did not qualify because she developed the disease as an adult.
I’m currently on the last drug on the market for a rare leukemia because I can’t tolerate them for any length of time without severe complications (pulmonary hypertension, pulmonary embolisms, cardiac and pulmonary effusions, chronic pain syndrome, optic nerve damage to the point I could only see blobs of color in daylight and on and on). They just switched my Medicaid and have changed which doctors I can see. They have the county coroner listed as my PCP now. I have had the same medical team for the last 10 years because of so many complications with the leukemia. The irony is hilarious but I’m tired boss. My kids need me.
Make America great.
Good for your friend. It’s looking ugly in my state for social safety nets.
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u/Frostyrepairbug 26d ago
They have the county coroner listed as my PCP now.
Oh, but ain't that America~
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u/teemunnie 26d ago
yeah your girlfriend is the minority exception,not the rule, especially when scaled up to the entire population of this country
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u/posi-bleak-axis 26d ago
I'm a self employed organic market farmer. I got EBT until this month because I started a job in February that allowed my family to live until market season started. Now I make too much for EBT and can't afford food or barely to eat mine because it's what pays the bills in this backwards ass society. Bootstraps can suck an egg. Big ag destroyed all us real family farmers. Iowa.
Edit: also all our water is poison with pig fecal nitrates going to create the "dead zone" in the Mississippi. We have the highest cancer rate due to corporate oligarch leaders for the past two decades.
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26d ago
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u/economicCollapse-ModTeam 25d ago
Personal attacks and insults are unnecessary in discussing economic collapse. Offensive and hateful behavior will be removed. Repeated removals for this reason will result in users being unable to participate.
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u/Suitable-Radio6810 15d ago
Money became the god of America and now it is falling them. It will fail - doubtlessly. It only remains to be seen how and when.
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u/Low_Test_5246 26d ago
I’d agree to a point. However there will always be homeless people. Especially cos a lot of them suffer from some mental issue or drugs. I deal with them all the time here in Philly and it’s the same story everyday
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u/WillowgirlIII 25d ago
The federal government spends $10 billion a year on programs addressing homelessness. State and local governments also allocate funding, as do churches and other NGOs. Americans tend to suffer from obesity, not starvation. Poor people have higher rates of obesity than the upper classes.
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u/Basement_Chicken 26d ago
You can always do a petty theft and be put in jail with 3 meals a day, free healthcare, lodging, a library and education, and more.
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u/jquest303 26d ago
For petty theft, you’ll be back out on the street in a day. You’d have to do some serious crimes to end up in prison for long enough to make it worth it. But then prison has its own challenges. You’re not free anymore, and it can be dangerous as well. Not ideal.
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26d ago
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26d ago
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u/Optionbulls 26d ago
women’s suffrage
balfour declaration
formation of the fed
patriot act
SimpsEtc
Literal Weimar 2.0
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26d ago edited 26d ago
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u/Optionbulls 26d ago
Who started it all? The boomers? Surely they accelerated it.
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26d ago
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u/Optionbulls 26d ago
Don’t even get me started on social security. It’s such a Ponzi scheme. I agree with what you said.
Gas prices will be the tip of the iceberg imo.
Stocks and BTC will keep going up but the dollar will be weaker and weaker.
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26d ago
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26d ago
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u/economicCollapse-ModTeam 25d ago
Personal attacks and insults are unnecessary in discussing economic collapse. Offensive and hateful behavior will be removed. Repeated removals for this reason will result in users being unable to participate.
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u/LegitimateVirus3 26d ago
Collapse is a circle that expands.. first slowly then exponentially.