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☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to news@hexbear.netEnglish · 2 years ago

The excess savings Americans stored away during the pandemic ran dry months ago, and the US economy is feeling the effects.

www.bloomberg.com

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The excess savings Americans stored away during the pandemic ran dry months ago, and the US economy is feeling the effects.

www.bloomberg.com

☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to news@hexbear.netEnglish · 2 years ago
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Americans’ Pandemic Savings Are Gone — And the Economy Is Bracing for Impact
www.bloomberg.com
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The excess savings Americans stored away during the pandemic ran dry months ago, and the US economy is feeling the effects.

https://archive.ph/x46HC

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  • WhatDoYouMeanPodcast [comrade/them]@hexbear.net
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    2 years ago

    Are they talking about the $1400 in 2020? Are they insane?

    • Tunnelvision [they/them]@hexbear.netBanned
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      No it’s mostly the increased unemployment benefits that people got.

      • WhatDoYouMeanPodcast [comrade/them]@hexbear.net
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        Look at the way we can fail the economy but the economy can’t fail us. Disgusting!

    • adultswim_antifa [he/him]@hexbear.net
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      2 years ago

      They’re writing about me. I spent $6.75 a week and now I’m out. Good luck with the economy and all that shit now.

      • WhatDoYouMeanPodcast [comrade/them]@hexbear.net
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        2 years ago

        you’ve done it. You in particular have fucked the economy up!

  • Speaker [e/em/eir]@hexbear.net
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    2 years ago

    Try “the bare scraps tossed to peons were picked clean 3 years ago”, ghouls.

    • cricbuzz [he/him]@hexbear.net
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      2 years ago

      When are we getting the other $600 checks, Brandon!

      biden-ok-smart-guy

  • Dingus_Khan [he/him, they/them]@hexbear.net
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    2 years ago

    Putting aside every other thing wrong with this bullshit: what the fuck are “excess” savings?

    • nat_turner_overdrive [he/him]@hexbear.net
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      2 years ago

      Oh, those are just savings the bourgeois don’t think you should have

    • D61 [any]@hexbear.net
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      2 years ago

      second-breakfast We have already got, first savings.

      second-breakfast But what about, second savings?

    • Barx [none/use name]@hexbear.net
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      2 years ago

      Labor wasn’t disciplined quite as much as usual. Such decadent excesses of the working class.

    • Castor_Troy [comrade/them,he/him]@hexbear.net
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      2 years ago

      It just means savings above they level they were at before Covid.

  • SupFBI [comrade/them]@hexbear.net
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    2 years ago

    Wrong. Things are great.

    • ☆ Yσɠƚԋσʂ ☆@lemmygrad.mlOP
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      2 years ago

      literally what libs think, here’s a representative stormfront comment for you

      • Poison_Ivy [comrade/them]@hexbear.net
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        I swear these people want to be as alienated as possible from reality

        • ☆ Yσɠƚԋσʂ ☆@lemmygrad.mlOP
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          It’s basically this https://elpidio.org/2018/02/12/citigroups-plutonomy-memo-there-are-rich-consumers-and-there-are-the-rest/

          There’s like 20% of the population that’s comfortable, and nothing much has changed in their lives. They don’t interact with anybody who is struggling, and they consume media that tells them that everything is going great. They literally live in an alternate reality from the rest of the population.

      • D61 [any]@hexbear.net
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        2 years ago

        “Every time the stock market does well, my post office job gives me a permanent raise!”

        narrator voice: “This has never happened, ever.”

      • GrumpigPoopBalls [he/him]@hexbear.net
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        2 years ago

        listen jack I’m sipping bottomless mimosas at brunch and my portfolio is through the roof, what is there to complain about/

      • ashinadash [she/her]@hexbear.net
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        speech-r wojak-nooo mystery-emote some-controversy

        Huge cope, also “civilised country” hitler-detector

        • ☆ Yσɠƚԋσʂ ☆@lemmygrad.mlOP
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          2 years ago

          lol yeah

      • SupFBI [comrade/them]@hexbear.net
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        2 years ago

        Business is booming at my two Dad’s debt collection agency. amerikkka-clap

  • egg1918 [she/her]@hexbear.net
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    2 years ago

    Lmao what savings

  • SpicyLizards@reddthat.com
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    2 years ago

    Excess savings? During he pandemic as well? Wtf?

    Ooooh, Bloomberg…

  • HelltakerHomosexual [she/her, comrade/them]@hexbear.net
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    2 years ago

    meanwhile the savings of the .1% are at the highest they’ve ever been

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