People Everywhere are Running Out of Money. Here’s What Happens Next.
People everywhere are running out of money.
In the U.S., 1 in 5 people with jobs now say they run out of money before their next paycheck. That’s 5% more than last year. And that’s according to a survey done back in February.
More dramatic estimates say that even among those earning six figures, 48% are now living paycheck to paycheck.
Same thing is happening in Scotland. 9% of people now say they always run out of money before the next paycheck, while 11% say it happens to them “most of the time.”
Things are even worse in Turkey. Due to their President’s belief-based economic policy, the Turkish Lira is becoming less and less valuable every month. The result? People standing in lines for bread and gas; farmers defaulting on loans; general unrest as protests become more frequent.
In Russia, the situation is catastrophic. As the prices of pretty much everything reach sky-high levels, people are having trouble withdrawing cash from ATM machines. Moscow citizens are scrambling for the last available iPhones and McNuggets, while Putin keeps calling Russia a…
