What is interesting is that I read somewhere once that 40% of Americans are a paycheck away from homelessness, which is an incredible amount if true.
We are just about to find out, I fear. The federal unemployment 'boost' has expired and rent assistance and eviction protection expire tomorrow. Unemployment is back on the rise and a whole bunch of people in the 'middle' used invested money to get by. It really looks to be ugly from where I sit.
I know at least two people that have lived for a time off of their Hive. One who just reopened her business and one that hasn't yet. It had to be scary AF but they had that cushion at the very last.
I honestly don't see what's driving the stock market here, but it's not reflected in the well being of a significant fraction of the population. It's got to be pure profit taking and that isn't sustainable.
For me, the question now is 'how bad will the crash end up being'?
RE: Looking buffer