Birdwatch Archive

Birdwatch Note

2023-07-29 20:22:16 UTC - MISINFORMED_OR_POTENTIALLY_MISLEADING

According to Fed’s 2022 Economic Well-Being of U.S. Households survey 37% of Americans cannot cover a $400 emergency expense.That means they would have to use credit cards, family ,sell assets or get a loan to cover major unexpected cost but does not necessarily mean bankruptcy https://fortune.com/2023/05/23/inflation-economy-consumer-finances-americans-cant-cover-emergency-expense-federal-reserve/

Written by ADB18BAC2A8BADD0D07CB88E32C04E3AFC0E1F0EBDCA14A144E58216A44E952E
Participant Details

All Information

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• noteId - 1685385270311428096
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• noteAuthorParticipantId - ADB18BAC2A8BADD0D07CB88E32C04E3AFC0E1F0EBDCA14A144E58216A44E952E Participant Details
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• classification - MISINFORMED_OR_POTENTIALLY_MISLEADING
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• harmful -
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• summary
• According to Fed’s 2022 Economic Well-Being of U.S. Households survey 37% of Americans cannot cover a $400 emergency expense.That means they would have to use credit cards, family ,sell assets or get a loan to cover major unexpected cost but does not necessarily mean bankruptcy https://fortune.com/2023/05/23/inflation-economy-consumer-finances-americans-cant-cover-emergency-expense-federal-reserve/