08/18/2023 / By News Editors
Millennials and Gen Z are taking to social media to share how they’re increasingly unable to afford basic necessities like food and housing.
(Article by Jamie White republished from Infowars.com)
Young adults explained on TikTok that the soaring inflation in Canada, the U.S. and elsewhere has created a dire cost of living crisis with no end in sight.
“I have a question: how are we affording life right now?” one TikTok user asked.
The cost of living crisis is astronomical everywhere. It feels like we’re just working to barely survive ???
Compilation of videos with people talking about the struggle going on.
This is a must watch video. ?
— Wall Street Silver (@WallStreetSilv) August 15, 2023
“I’m living paycheck to paycheck every week because I’m trying to pay every bill that the world is throwing at me,” another woman stated.
One crying woman said, “I can’t function anymore. Financially I just don’t understand anymore. I don’t understand how I make $34 an hour and I can’t function. I can’t pay my bills, I can’t even literally keep gas in my car to get to work three days a week because I can’t afford it.”
This is raw and real, it’s the middle class that’s getting hit hard.
This lady makes $34/hr and can’t even survive in Canada … ???
— Wall Street Silver (@WallStreetSilv) August 15, 2023
Another woman said, “I want to know how people in Canada are even living. I just feel trapped…I can’t afford the rent these days…I’m just feeling so much despair.”
Cost of living crisis is pushing people to the edge.
People feel trapped, and hopeless, not knowing what to do to get out of this situation.
Canada is broken ???
— Wall Street Silver (@WallStreetSilv) August 15, 2023
Canadian woman is considering leaving because life is not affordable in Ontario.
She is asking “What are the pros & cons of living in America?”
???— Wall Street Silver (@WallStreetSilv) August 15, 2023
A man broke down how government helicopter spending and money printing during the COVID period resulted in astronomical increases in housing prices.
Housing cost from 1995 vs 2019 vs 2023 ???
Great video walking thru the pricing and income. Explains why the last 4 years have been a huge change in the housing market.
— Wall Street Silver (@WallStreetSilv) August 15, 2023
Millennials in 2023: ???
Was university a complete waste?
— Wall Street Silver (@WallStreetSilv) August 16, 2023
Another woman explained the problem with food costs: “I just got back from doing groceries, and I have $70 worth of groceries on my table right now and I genuinely don’t even know what I purchased that made it to $70.”
“Half my paycheque goes to groceries alone” ???
Canadian housing and basic things like groceries are unaffordable.
— Wall Street Silver (@WallStreetSilv) August 14, 2023
“I’m working like three jobs right now,” she added. “The cost of living is outrageous in Canada.”
Inflation, coupled with elevated interest rates, is crushing the younger generation with no indication that it will come down anytime soon.
Inflation Rate in the United States increased to 9.10 percent in June from 8.60 percent in May of 2022. https://t.co/LjdvxZ14rQ pic.twitter.com/KNy2ONVgK6
— TRADING ECONOMICS (@tEconomics) July 13, 2022
Ubi is enslavement to the inflation.
It will be a forever need for more.
This graph on steroids.
There is no liberty with government handouts.
Your needs will never be met pic.twitter.com/ox9Z8B318e
— Dead Rider (@DeadRiderapp) August 15, 2023
Read more at: Infowars.com
Tagged Under:
bubble, chaos, collapse, debt bomb, debt collapse, economic collapse, economic riot, finance riot, food inflation, Gen Z, housing bomb, inflation, market crash, millennials, money supply, panic, risk
This article may contain statements that reflect the opinion of the author
COPYRIGHT © 2022 EconomicRiot.com
All content posted on this site is protected under Free Speech. EconomicRiot.com is not responsible for content written by contributing authors. The information on this site is provided for educational and entertainment purposes only. It is not intended as a substitute for professional advice of any kind. EconomicRiot.com assumes no responsibility for the use or misuse of this material. All trademarks, registered trademarks and service marks mentioned on this site are the property of their respective owners.