A cynical look at our financial markets and the governments that support them
The graph speaks for itself. All of the savings accrued due to fiscal stimulus after COVID is being eaten away by higher prices and slower growing wages. We can speak about the job market being strong, but you cannot ignore the fact that the majority of Americans are living paycheck to paycheck to credit card…
Posted in Economics, Markets, Personal Finance.
Comments Off on US Savings Level Lowest Recorded Since 1970
– January 12, 2023
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