The American credit card fiasco has come to an end… revolving credit fell -$600M , the first decline in 2yrs… Shrinking number of Americans can afford a $400 emergency expense …

The American credit card fiasco has come to an end… 🫡 pic.twitter.com/CPOuXQPdXL — Don Johnson (@DonMiami3) August 7, 2023 The decline in revolving credit outstanding suggests Americans may be starting to cut back on credit card usage – BBG notes …

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“Historically, when inflation crosses 8%, it takes years, not months, before it falls back below 2%.”… Number of Americans able to afford $400 surprise bill slides in era of ‘Bidenomics’

https://t.co/fZhvHiuQ6S — Win Smart, CFA (@WinfieldSmart) August 4, 2023 Number Of Americans Able To Afford $400 Surprise Bill Slides In Era Of 'Bidenomics' https://t.co/3dV6xksB5F — zerohedge (@zerohedge) August 4, 2023 #Fed QT accelerates. Fed balance sheet shrank $91bn in July, …

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Harsh Reality: Midwest States’ Infrastructure ‘Below Average’ for Transition to Electric Vehicles… Alex Acosta: Americans Don’t Want Electric Vehicles

  via justthenews: The Great Lakes states, let alone the nation, don’t have the infrastructure necessary for the transition to electric vehicles, a car search and research company reported. BMW Group, General Motors, Honda, Hyundai, Kia, Mercedes-Benz Group and Stellantis …

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