☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to US News@lemmygrad.mlEnglish · edit-24 days agoThe top 10% of income earners in the US now account for half of all consumer spending, a record high.www.fxstreet.comexternal-linkmessage-square8fedilinkarrow-up17arrow-down10file-textcross-posted to: usa@lemmy.ml
arrow-up17arrow-down1external-linkThe top 10% of income earners in the US now account for half of all consumer spending, a record high.www.fxstreet.com☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to US News@lemmygrad.mlEnglish · edit-24 days agomessage-square8fedilinkfile-textcross-posted to: usa@lemmy.ml
minus-square☆ Yσɠƚԋσʂ ☆@lemmygrad.mlOPlinkfedilinkarrow-up1·4 days agoIndeed, and lot of people who have been relying on credit to make ends meet are already starting to default on their debt. At some point the US is likely to see a 2008 banking crisis as the cost of living continues to rise while wages stay stagnant.
Indeed, and lot of people who have been relying on credit to make ends meet are already starting to default on their debt. At some point the US is likely to see a 2008 banking crisis as the cost of living continues to rise while wages stay stagnant.