The US consumer in one chart: credit card debt record high, personal savings rate record low pic.twitter.com/9julvoPQHb
— zerohedge (@zerohedge) May 7, 2024
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My observation, the govt helicoptered money for 18 months, 12 months later people saving less than before Covid. Inflation post Covid is not temporary, crushing at least 75% of the public.
Biden’s & FEDs economy statements are BS.
2008, taught me a great lesson. Get out of debt, keep all money out of banks, pay wirh cash(less paper trail), use gift cards instead of credit cards, stay single, eat healthy and exercise to stay fit, I never use airlines or rentals, became a pepper, cut the cable and all national news outlet, do my own research, and even those that seem to have a clue….I don’t trust them either.
Play Dumb and Clueless, keep a low profile.
Have a second house that nobody knows about and be well stock in ALL survival items one may need if the crap hits the fan.
Most of all keep your family/friends at arm length, but your enemies closer. I know some would say what a sad life. Not Really! I come and go with nobody knowing. No set pattern, Ultimate surprise!
I love the quiet life, 10-hours and I can be in the hills of Tennessee or Virginia. Four hours to Kentucky hills. Lot of men toys to occupied my time and to enjoy.
A
Trust No One…… But GOD!