ilmscore | This Is Why America Is Going Broke - Don't do This (RANT)

Predictions from this Video

Total: 8
Correct: 0
Incorrect: 0
Pending: 8
Unrated: 0
Prediction
Topic
Status
Consumers are increasing spending due to a perceived slowdown in price increases.
"Americans are feeling like the prices of things are not rising as fast as before and so to celebrate Americans have been ratcheting up their spending."
US Economy and Consumer Spending
Pending
Consumers are maintaining a luxury lifestyle despite reduced affordability, often by taking on more debt.
"Americans have become very accustomed to this luxury lifestyle over the last few years partially because there was a lot of free money going out so people became very used to this this nicer lavish luxury lifestyle and now many people can't afford that same luxury lifestyle as before and instead of downsizing they're making other sacrifices or going deeper and deeper into debt to continue living this luxury lifestyle that they can't afford."
US Economy and Consumer Spending
Pending
Anticipation of the Trump presidency is influencing consumer spending, with excitement leading to celebratory spending and fear leading to 'doom spending'.
"People are very excited or scared about the Trump presidency and these emotions are driving people to make very dumb decisions. The people that are very excited about the Trump presidency are going out and celebrating by spending money they don't have because they think the economy is going to Boom in 2025. The people that are very scared and anxious about the Trump presidency think that Trump is going to destroy the world the country and the economy so they're Doom spending their money now."
US Elections and Consumer Behavior
Pending
Optimism regarding a potential Trump presidency is causing some individuals to spend money they don't have in anticipation of economic growth in 2025.
"The people that are very excited about the Trump presidency are going out and celebrating by spending money they don't have because they think the economy is going to Boom in 2025."
US Economy and Consumer Behavior
Pending
Pessimism regarding a potential Trump presidency is leading to 'doom spending,' where individuals spend money due to fear of economic collapse.
"The people that are very scared and anxious about the Trump presidency think that Trump is going to destroy the world the country and the economy so they're Doom spending their money now."
US Economy and Consumer Behavior
Pending
The market will experience crashes, recessions, layoffs, and booms.
"yes we will see a market crash yes we will see a recession yes we will see layoffs happen yes we will see markets boom"
US Economy
Pending
Recession and market crash are predicted to occur.
"we will see a recession don't say I didn't tell you we will see a market crash don't say I didn't tell you"
US Economy
Pending
Holiday shopping is predicted to increase in November and December due to aggressive consumer spending and debt accumulation.
"the national retail Federation is predicting people are going to ramp up their holiday shopping in November and December because of how aggressively people are spending and going into debt to spend"
US Retail
Pending