Birdwatch Note Rating
2023-07-31 12:29:53 UTC - NOT_HELPFUL
Rated by Participant: A9187556DE6C6B9A740AD91ACC21C6D3F6F693AEF47C2B6C948D9A797C05C326
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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