In 2024, more families are openly admitting they’re flat-out broke. Inflation is devouring paychecks, debt suffocates, and hope is fading. Wages can’t keep up with soaring costs. Millions of hardworking Americans are slipping into financial quicksand. This economic crisis is tearing the nation apart.
Here’s a good visual on softening air travel demand from @MacroEdgeRes
Lots of people driving to Grandma’s this year or staying home. Not flying. pic.twitter.com/EDCg2C8isj
— Amy Nixon (@texasrunnerDFW) November 24, 2024
± US credit card debt stands at 1.3 trillion
Rates won't stop until something breaks.
2008 is going to look bullish. https://t.co/3BJciUsvYC
— The Great Martis (@great_martis) November 24, 2024
Sources:
https://www.fingerlakes1.com/2024/11/23/thousands-lose-savings-in-synapse-fintech-collapse/
https://www.bankingdive.com/news/evolve-offers-yotta-juno-customers-pennies/732691/
https://en.wikipedia.org/wiki/Synapse_Financial_Technologies
https://www.bankingdive.com/news/5-lessons-learned-from-synapses-collapse/731543/