BlackRock's Larry Fink says the recession is already here

[rcjordan]

> Perhaps the motivation is more psychological?

Or cultural?  The Puritan Work Ethic, for example, still seems to be a strong force of motivation among the underclass and a justification used by the ruling class.

Protestant work ethic - Wikipedia
https://en.wikipedia.org/wiki/Protestant_work_ethic

+
I've lost count of how many times I've heard "I'll work until I die" among laborers, carpenters, hvac techs, etc.

[rcjordan]

AUTO LOAN DELINQUENCIES SURGE TO HIGHEST LEVEL IN 14 YEARS — FLASHING WARNING SIGN ON U.S. CONSUMER STRESS --bsky

[rcjordan]

#usEconomy #AutoLoans

Americans Crushed By Auto Loans As Defaults And Repossessions Surge | Carscoops

https://www.carscoops.com/2025/09/auto-loan-delinquencies-are-off-the-dial-and-even-prime-borrowers-are-struggling/

[rcjordan]

Huge car dealership chain collapses, leaving borrowers, banks and investors facing losses

https://www.consumeraffairs.com/news/huge-car-dealership-chain-collapses-leaving-borrowers-banks-and-investors-facing-losses-091525.html

[rcjordan]

^{We're BaaAAck!}

2008: Recession-Plagued Nation Demands New Bubble To Invest In - The Onion

https://theonion.com/recession-plagued-nation-demands-new-bubble-to-invest-i-1819569940/

[ergophobe]

OK, not related to recession, more related to inflation and everything else, but here's another The Onion favorite from 2005

Cost Of Living Now Outweighs Benefits
https://theonion.com/cost-of-living-now-outweighs-benefits-1819567799/