The middle class is not seeing this. They are getting crushed.
The banks are telling the real story as the Fed has injected billions into the Repo market.
Why? Because the banks don’t have the cash reserves and consumers are living off their credit cards pushing cc debt to a record high.
The rich are getting massively wealthier in a system getting reset into assets most can’t afford.
What is the safety net for the mainstay of America? Another COVID shot?
The middle class is not seeing this. They are getting crushed.
The banks are telling the real story as the Fed has injected billions into the Repo market.
Why? Because the banks don’t have the cash reserves and consumers are living off their credit cards pushing cc debt to a… https://t.co/iCoicNhyEA
— Ann Vandersteel™️ (@annvandersteel) November 5, 2025
Not only is retail giant Target not committing to the big seasonal hiring it always does, the company is actually laying off nearly 2000 of its corporate staff in its biggest management and job shakeup in years. Target is merely the latest “one-off” big name to announce job cuts. No wonder consumer confidence just took another huge hit and that was from the one survey that has held up the best this year.