The economy is breaking more than bank accounts: "People are losing hope", tell me about this news in (https://www.msn.com/en-us/news/other/the-economy-is-breaking-more-than-bank-accounts-people-are-losing-hope/vi-AA2c16AE?ocid=BingNewsVerp)

This news report addresses the profound emotional, psychological, and social toll that prolonged economic hardshipsuch as sustained inflation, high borrowing costs, rising housing expenses, and stagnant wagesis taking on individuals and families.Key themes and highlights covered in this report include:

• Beyond Financial Metrics: While economic discussions often center on GDP, stock market figures, or monthly bank balances, the piece emphasizes that the damage reaches into daily mental health and well-being. The financial squeeze is eroding people’s peace of mind, self-worth, and family stability.
• The Toll on Daily Living: Everyday essentialsgroceries, rent or mortgage payments, utility bills, and healthcarehave grown increasingly unaffordable, forcing many working-class and middle-class households to burn through emergency savings or accumulate credit card debt just to stay afloat.
• A Crisis of Hope and Optimism: A central theme is the psychological impact: a growing segment of the population feels a sense of futility, exhaustion, and despair about their financial future. Long-standing benchmarks of the American Dreamsuch as homeownership, funding a child’s education, or achieving a secure retirementincreasingly feel out of reach, leading many to express that they are “losing hope.”
• Stress and Burnout: The report highlights how chronic financial anxiety leads to burnout, strained relationships, and elevated mental health challenges across generations, from younger workers struggling to establish a foundation to older adults worried about outliving their savings.