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Is the 'stuck' economy a global phenomenon? Americans share frustrations about not being able to get ahead despite education - is this a universal experience? (lemmy.ml)

submitted 2 days ago by [email protected] to c/[email protected]

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I've been noticing a recurring sentiment among Americans - frustration and disillusionment with the economy. Despite having gone to school, earned a solid education, and worked hard, many feel they can't get ahead or even come close to the standard of living their parents enjoyed.

I'm curious - is this experience unique to the United States, or do people in other countries share similar frustrations?

Do people in Europe, Australia, Canada, or elsewhere feel like they're stuck in a rut, unable to achieve financial stability or mobility despite their best efforts?

Are there any countries or regions that seem to be doing things differently, where education and hard work can still lead to a comfortable life?

Let's hear from our international community - what's your experience with economic mobility (or lack thereof) in your country?"

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[–] [email protected] 10 points 14 hours ago* (last edited 14 hours ago) (1 children)

i'm brazilian, my brother moved to Portugal some years ago and his quality of life improved dramatically. He used to live near a bank that was robbed pretty frequently and that was pretty frightening

Even though he moved to another country, my bro isn't rich (sure seems that way though, compared to living standards here lol). It's just that there you can be not rich and still have quality of life, safety and be able to actually afford things.

I'm currently living in Brazil and rly what worries me most is that one day I will want/need to live alone but rent can be very expensive (i'll probably never own a home or even my own apartment, this is unacceptable and it's the reality we live in), and the minimum wage in Brazil (and probably lots of other countries) is absolutely dogshit.

[–] [email protected] 4 points 12 hours ago

I'm Brazilian too, now living in Australia

I think what's happening over there now is something that Brazilians are used to since the 80s at least, when the prosperity of the earlier decades wrapped up. So I'm told by Brazilian boomers, given I was a kid in the 80s.

So yep I'm thinking to myself that US is getting to officially belong to the 3rd world.