https://www.cnbc.com/2024/05/20/americans-are-going-into-debt-to-buy-groceries-research-finds.html#:~:text=As consumers struggle with elevated,research from the Urban Institute.
Americans are going into debt to buy groceries. Here’s why those balances can be difficult to pay down
Nothing to see here soft landing incoming. Failing that we can always borrow more debt, just like governments are, to pay that debt always ends well. BUT, like I said its bullish when people cant even afford food anymore, no idea why these fools think we heading into a deep recession.
P.S. All we need to do is print more money what can go wrong? Wait...Weimar Republic...nah things are different we changed the rules, hyper inflation is good for the economy cause we said so. Everything just goes up quickly, nothing to worry about.![]()
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