Birdwatch Note Rating
2023-07-30 07:17:12 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 6F9DCC2B090D3BC2F3262742AAB19761F3CB292F74BC697EC94D184FD04F66B6
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/
All Note Details