Comment by treis
7 hours ago
Almost all my money goes to mortgage, shit from China, food, and the occasional service. It does make me wonder some times how it all works. But it's been working like this for a long time now.
7 hours ago
Almost all my money goes to mortgage, shit from China, food, and the occasional service. It does make me wonder some times how it all works. But it's been working like this for a long time now.
Prices going up 20-25% due to excessive money printed and hence high inflation during last administration don't help.
The stimulus spending started under the administration prior to the last one.
In the United States, elections were held on November 2020. A new administration would’ve started in January 2021.
Real estate. The US economy floats on the perpetually-increasing cost of land. Thats where your mortgage money goes, to a series of finacial instruments to allow others to benifit from the eternally rising value of "your" property.
Much worse the case in Canada & Australia unfortunately
Why are you buying shit from China?
Apparently it's even hard to make molds in the US. China seems to be the top dog in the production chain. From design, to mold, to production, to packaging.
Fstopper has one or two nice videos about it. Can't even buy US made glass bottles that fits his needs in the US: https://www.youtube.com/watch?v=xewpuM1eJRg
It cuts the middleman, supermarkets and online stores are 90% Chinese dropship these days. Why pay the 50-500% markup?
Why, don't you? How would you have posted this message if you hadn't?
Where are you getting your shit from?
Federal taxes are #1 expense for most people. People forget to think about it because of direct deduction.