Birdwatch Note Rating
2024-02-03 07:33:14 UTC - HELPFUL
Rated by Participant: 49FB53B677F318C87C2A565324DA4C3522230571EFDCC9D7A43F1746A23A974A
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Original Note:
An indication of the desperate state of the US economy can be found in consumer savings. “inflation, rising rent costs and higher interest rates hit early in 2022, the [savings] money had already run out for the bottom 40% of households”. https://www.bloomberg.com/news/newsletters/2023-10-03/the-us-economy-is-now-breaking-in-plain-sight?embedded-checkout=true
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