Savings rate plunged from 5.5% to 2.6% in one year — people straight up draining reserves and maxing credit cards just to keep buying.
CNBC and ZeroHedge both flashing the exact same red flag: real incomes decaying fast.
Last two months alone saw a full 1% collapse, now kissing all-time lows. This isn’t a strong economy.
It’s exhausted households burning the final fuel to pretend everything’s fine.
The music’s stopping any second now.
Brace.
US consumers almost out of savings: in the last 2 months, personal savings rate collapsed by 1% to 2.6%, just shy of all time low pic.twitter.com/DQrwsV7rFS
— zerohedge (@zerohedge) May 28, 2026
🇺🇸 A CNBC analyst lays out the warning sign: real incomes are decaying, but spending holds up only because the savings rate cratered from 5.5% to 2.6% in a single year.
Americans are draining savings and leaning on credit cards just to stay afloat.pic.twitter.com/D2iZ5yfT2j
— Mario Nawfal (@MarioNawfal) May 29, 2026