The economy is getting crazy In USA (250,000 people just lost their jobs)

29th April 2025

Most US consumers now expect a recession over the next year, with the University of Michigan reporting that 66% of Americans expect unemployment to rise.

The last time we saw a figure that high was the 2009 crash. Suggesting we're experiencing the biggest bout of consumer pessimism around the economy in decades. Consumers are pessimistic due to economic uncertainty surrounding tariffs, higher inflation expectations, and the fear that they will lose their job in 2025.

An interesting video but more interesting is the many comments below from Americans. Click through to Youtube to read the comments.

Then reflect on the UK situation where we also have more and more possibilities for Government employee reductions. We also have food price rises. Then look at house prices where like USA we might have a bubble soon to burst.

From the comments Americans are cutting back and if they can saving for what is to come. Are UK citizens cutting back and saving money to their accounts?