For the third time since World War II (previously in 2008 and 2020), America’s savings-to-debt balance has fallen below zero.

by
Sharing is Caring!

The index includes all savings of the population, businesses, and governments. Now the United States relies solely on foreign investment.

See also  US continuing jobless claims hit 1.91 million, highest since November 2021
See also  U.S. house prices surged 57%, while wages grew only 28% since 2020.

Source: research.gavekal.com/chart/week-38-2024/

h/t pure_psycho


Views: 101

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.