Birdwatch Note Rating
2023-07-29 22:20:14 UTC - HELPFUL
Rated by Participant: 794A71F6DB4B594C3CF5CDBF4EAAE6657848B6961DC2143245B9DDD91B7EB473
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