pull down to refresh
162 sats \ 4 replies \ @grayruby 5 Apr \ on: 62.5% of US Consumers Live Paycheck to Paycheck charts_and_numbers
Americans love to spend.
Exactly. Most people live right up to their budget constraint, regardless of what that is.
reply
The accumulated legacy of decades of reserve currency status dependency- being maxed out to the hilt are about to come up against the brick wall of insolvency and penury.
reply
The service economy demands it
reply
And this is why the world is upset about the Trump tariffs. Americans work extra hours just to buy more material goods.
Russians aren’t doing that!
reply