anticolonialist@lemmy.world to

politics @lemmy.worldEnglish · 5 months ago

The great American boom is finally running out of steam, leaving mountains of debt

www.telegraph.co.uk

cross-posted to:
usa@lemmy.ml

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The great American boom is finally running out of steam, leaving mountains of debt

www.telegraph.co.uk

anticolonialist@lemmy.world to

politics @lemmy.worldEnglish · 5 months ago

cross-posted to:
usa@lemmy.ml

High borrowing and low personal savings are dashing hopes of an economic soft landing

Link without paywall

Americans have depleted their excess savings and are now depleting their credit lines as well. The percentage with delinquent credit card debt is approaching the peak at the end of the dotcom bubble.

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anticolonialist@lemmy.worldOP
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5 months ago
Its not about Biden, its about the condition of the economy, and its not as good as the lies being told
- SatansMaggotyCumFart@lemmy.world
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  5 months ago
  Yeah the conditions are tough in Iceland where I live too.
  
  Biden’s increased the price of hákarl and brennivín’s price has almost doubled.

politics @lemmy.world

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