Americans save 3% of their income.
3%.
That's all.
We spend 97% of it. And that's with essentially zero goods inflation for the past 40 years as China subsidized our consumption at their own domestic consumers expense.
So if your strategy is to tell people to get over it… pic.twitter.com/VpgSPiK4Zn
— Spencer Hakimian (@SpencerHakimian) April 28, 2025