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IPFS News Link • Pandemic

Bracing For A Very Painful Year: 38% Of Americans Say That They Will Spend 2021 In "Survival Mo

• theeconomiccollapseblog.com, by Michael Snyder

Traditionally, Americans have looked forward to the turn of the year with tremendous optimism, but this time around things are very, very different.  2020 brought us the COVID pandemic, tremendous violence and civil unrest in our major cities, and the greatest economic downturn since the Great Depression of the 1930s.  Sadly, a large chunk of the country is anticipating more difficulties in the coming months, because one recent survey found that 38 percent of all Americans plan to spend 2021 in "survival mode"

Of the 3,011 surveyed adults, over 38% said they will spend the year in "survival mode," meaning they'll focus on the day-to-day rather than long-term goals to try to get themselves and their families through 2021.

The biggest reason why so many anticipate being in "survival mode" is because of the financial problems that they experienced this year.  According to that same survey, a whopping 68 percent of all Americans say that they experienced some sort of "financial setback" in 2020…


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