IMHO the collapse is happening at this very moment. It is a slow moving train wreck. All I know is everyday it gets harder to pay the bills, everyone I know is struggling and theft is up, big time. I am watching a slow descent which likely will take a few years before we (middle class, working class) are all starving in the dark.
Agreed. I really don’t know how anyone making < $50K survives anymore. And I don’t live in a high cost of living area either.