"There are a total of 45 million people with student loans, and the average monthly student loan payment is around $200, so resuming student loan payments in October will subtract roughly $9 billion from consumer spending every month, or roughly $100 billion a year" Apollo's Slok
— Lisa Abramowicz (@lisaabramowicz1) July 31, 2023
This is horrific.
40% of US adults report having less than $1,000 of savings.
The perfect storm of no financial education in schools and government-led destruction of the US dollar. pic.twitter.com/h9Ops3ojFA
— Anthony Pompliano 🌪 (@APompliano) July 30, 2023
Recession? What recession?
🔥🔥🔥3rd largest trucking company just ceased operations.
Cash-strapped U.S. trucking company Yellow has ceased operations and is filing for bankruptcy after failing to reorganize and refinance over a billion dollars in debt, the Teamsters Union… pic.twitter.com/hR2lZ8uKTh
— Wall Street Mav (@WallStreetMav) July 31, 2023