The Savings Rate just collapsed down to 2.2%, the lowest level ever. Americans are running out of money. Last time it was this low was 2006-07. A big decline expected in consumer spending in 2023.

https://ift.tt/P0nZho7

Submitted January 12, 2023 at 06:19AM by azlanbull https://ift.tt/dkfyNtG