Birdwatch Note Rating
2023-07-29 21:07:42 UTC - HELPFUL
Rated by Participant: E78DE207C7499871429223881676DAEA842E74DA36C43D70713FE7D003ACE3AC
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