The global economy as an agitate whole of all human activity and money or currency has been on life support since the 2008 collapse.
I have no friends, other than my wife. There are some people at Church that live 40 miles away or nearly an hour one way driving at highway speeds, that consider me a friend, but I never get or rarely get to see them outside of church, so we end up spending 4 hours at church on Sunday just to spend a little time with Kelsey and Grace and their children.
People today are more lonely than ever before in history and it's not just the smartphones that are doing it, nor can you fairly blame the internet or TV, but those are factors.
Social Media causes mental, emotional, and social damage when used for more than 30 minutes per day, according to recent academic research on the societal impacts of Facebook, Twitter, X, and other platforms like TikTok or YouTube.
Saying that people in America are self obsessed or radically selfish or narcissistic only touches the surface of a much larger cultural trend of individualization that also gave rise to secularization, hedonism, the widespread rejection of God, feeling hopeless, feeling alone, depression, anxiety, fear, phobias and many other social problems came out of the 1970's America where materialism and economic growth were raising standards of living, such that today the middle class of America is shrinking or disappearing and its a premium expensive cost to have a basic family of mom and dad and children since both parents have to work just to cover the cost of life basics, housing, food, vehicles, fuel, electricity, water, sewer, trash, recycling, and other basic expenses.
My wife and I both work and would love to have one child, but this is not possible since we both have to work just to cover basic life expenses. My wife would like to be a stay at home wife and home school one boy or girl child, but this not a practical reality for us for many reasons, but most financial. I make the same income now as a School Bus driver work 180 day per year as I did working 250+ days all day long at my previous job and have more time off now and am much happier, but I can still not afford to have a child.
Thus the nuclear family that made up all of human history has become unaffordable for normal working people, for native born Americans who can't afford houses like the ones the grew up in because they are 10X more expensive now and wages have not gone up 10X during the same time interval. Fuel was $0.99 per us gallon when I was in high school in 1999, now it's almost $5/gal locally. Meg saw fuel prices of less than $1 per US gallon when she was in High School in Kansas back in 1999.
Food prices are up more than 4X since the year 1997, while real wages have been stagnating because inflation of the USD has lost any improvement from increases in wages, such that the real raises only barely make up that buying power lost to inflation of the dollar. In this way the middle class has been outsourced to China and other parts of Asia, while the financial focus of America has made more billionaires more wealthy, while the middle class of America has been disappearing since 2014.
People are lonely because they don't know how make friends and have poor social skills and no moral because they don't love God or themselves or other people and feel alone & isolated. With insourcing of people front outside of America, people in American neighborhoods have less in common with their new neighbors now, and may not even speak the same language.
I thought it was the internet, smartphones, TV and content that was causing people to lose their social skills, slaying every moment of free time with constant stimulation from glowing screen doom scrolling, listening to music, or having counterfeit human interactions on social media which is not the same as hanging out with people in real life.
A phone call is very different than a text message or actually spending time with a person in real life in first person. This is often required to contact loved ones that live too far away to be practical to meet up with or visit regularly.
We are in a strange income gap trap too, since living locally pays way more per hour, but the living costs are lower elsewhere where the pay is also lower. So we can stay here and not have kids and make money and have no friends, or where move somewhere cheaper where we get paid less, but could afford to have child. It's a strange trap for more and more young people who work full-time but cannot afford rent locally or to move out of their parent's house.
More adult children are continuing to live with their parents. This is getting worse too. Homes nearby that sold for $400K in 2014 are selling for $1.6 million now. Rent that was $1000 in 2014 now $2700 for the same unit. To actually afford a house now the buyer has to have $300K of annual income, like a doctor. I am talking about King County in Western Washington State. I know this housing price gouging problem is different for people in other locals in America, Europe and elsewhere. But the issue about the global economy being on life support are so profound that most world governments have been talking about plants for UBI or universal basic income as robots take away human jobs, since 2018.
Many countries work together with their national banks, European Union, IMF, Federal Reserve, Bank of Japan & others to inject hundreds of billions into bailing out the private sectors worldwide after the Sep 15th 2008 Market Collapse Black Monday Market Failure from Speculative Gambling by World Banks on Junk Mortgage Backed Derivatives and Similar CDO based bundled risky loans that should have never been rated AAA in the first place.
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