toussaint on Nostr: the savings rate in the US has been going down for ever generation, but it is now ...

the savings rate in the US has been going down for ever generation, but it is now NEGATIVE and has been for more than a year, 5 quarters, which is the longest period since The Great Recession. The savings rate is a leading indicator, which means it moves before the general economy and is one indicator economic predictors like the Conference Board use
#bidenomics