Mortgage defaults explode 10.7 million late on payments. Credit card defaults break all-time record highs

2/ From 1940s to 1970s, Americans used to save around 10% of their annual income

But today, savings relative to income is almost near 0% pic.twitter.com/aEsoNYSKiZ

— Bravos Research (@bravosresearch) April 18, 2025

4/ Today, the personal savings rate has dropped to 4.6%

This is historically a very low level pic.twitter.com/us3oz4YLN0

— Bravos Research (@bravosresearch) April 18, 2025