The global economic condition isn't good at all, the Fed made some policies for make their economic become stable. Inflation which happens make every country prepare their policy because this will happen in the long time. Not only the poor get the impact but also the rich, there are many companies which has fired the human resource to save their company. Yesterday, I heard from my family that one of his member got fired without any notification before. They go home with some money of their compensation. I'm shock, he's my close family and his company has shown signs of bankruptcy.
This is happening everywhere. Earlier due to Corona people suffered a lot. Now due to Russian - Ukraine war. The Side Effects are observed by everyone.
I know families in other countries - how are badly affected and they are struggling hard to make both ends meet. Though time though. Which will not end - but people will learn to live with it.