Birdwatch Note Rating
2024-02-03 06:45:14 UTC - NOT_HELPFUL
Rated by Participant: BFB1282E563968E2F38CF3BCD4FF559CABBEA53460FDFA64D5B9EBB25B17CC04
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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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