Tuesday, March 19, 2024

U.S. Consumers Have Reached A Breaking Point

Over the past several years, the cost of living has been rising significantly faster than paychecks have.  As a result, U.S. consumers have reached a breaking point.  Delinquency rates are spiking and bankruptcies have risen to a very dangerous level.

ORIGINAL LINK: https://michaeltsnyder.substack.com/p/us-consumers-have-reached-a-breaking