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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Personal Finance / Macroeconomic Trends & Risks
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Author: tjscott0   😊 😞
Number: of 4460 
Subject: Re: Inflation is dropping on the chart
Date: 09/12/25 11:32 AM
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I came across this article.
oftwominds.com: Of Two Minds - Precarity and the Point of No Return
I often wonder if others feel the precarity of this era, or is it just me? It's hard to tell, as economic statistics don't measure precarity, they mostly measure averages and aggregates, all of which are glowing: GDP and profits up, unemployment low, and so on.

If precarity makes the news, it's the financial precarity experienced by many American households as costs rise and wages don't keep up, regardless of what the aggregate statistics are indicating.

This precarity is real, but it's not what's being featured. It's reflected in mirrors, not in headlines. In this mirror, we see millions of people pursuing side hustles and crowding into speculative casinos. If this isn't a reflection of desperation, it's something close to it. But this isn't news.


I dunno what the denizens of this board are feeling but I & friends & acquaintances of mine are feeling the precarity. But perhaps that is the nature of human beings?

And I wonder about the accuracy of the government measures. Or if they are measuring the correct items. But perhaps that does not matter as long as the measured items remain consistent. For example a scale that is constantly 5 lbs off. The weight is inaccurate but the scale does measure whether your weight is increasing or decreasing.
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