Birdwatch Archive

Birdwatch Note Rating

2023-07-30 01:25:55 UTC - HELPFUL

Rated by Participant: 0E6F61D8F6596335FD11A0EF889B1CBE1AA025B7DCA048FDD135D265F59530BB
Participant Details

Original Note:

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/

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Original Tweet

All Information

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