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Podcast: Eurodollar University
Episode:

People Are Running Out Of Money

Category: Business
Duration: 00:18:01
Publish Date: 2024-07-29 11:00:00
Description:

According to the latest update, US consumers are out of savings. As nominal incomes have slowed way down, consumers have cut back only somewhat mainly spending on goods - causing the goods recession every big-name company is currently warning over. With unemployment rising and savings gone, there's no margin left even to maintain the current rate of decline. 

Eurodollar University's conversations w/Steve Van Metre

https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU

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