People Are Running Out Of Money - Eurodollar University |...

What this episode covers

According to the latest update, US consumers are out of savings. As nominal incomes have slowed way down, consumers have cut back only somewhat mainly spending on goods - causing the goods recession every big-name company is currently warning over. With unemployment rising and savings gone, there's no margin left even to maintain the current rate of decline. Eurodollar University's conversations w/Steve Van Metrehttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

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Frequently Asked Questions

How long is this episode of Eurodollar University?

This episode is 18 minutes long.

When was this Eurodollar University episode published?

This episode was published on July 29, 2024.

What is this episode about?

According to the latest update, US consumers are out of savings. As nominal incomes have slowed way down, consumers have cut back only somewhat mainly spending on goods - causing the goods recession every big-name company is currently warning over....

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