this post was submitted on 27 Jun 2024
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United States | News & Politics

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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)
submitted 4 months ago by yogthos@lemmy.ml to c/usa@lemmy.ml
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[–] Clusterfck@lemmy.sdf.org 11 points 4 months ago (1 children)

You guys had savings?

[–] Reverendender@sh.itjust.works 6 points 4 months ago (1 children)

Uhhh, that's a hard no. I'm assuming the author is on crack.

[–] thoughtfuldragon@lemmy.blahaj.zone 4 points 4 months ago

They write for Blomberg so definitely.

[–] delirious_owl@discuss.online 5 points 4 months ago* (last edited 4 months ago) (1 children)

Y'all got excess savings during the pandemic? How?

Edit: oh its bloomberg. They're talking about rich people who live in NYC.

[–] yogthos@lemmy.ml 3 points 4 months ago

and if even those people are running out, I imagine the rest of the people are far worse off now

[–] D61@hexbear.net 4 points 4 months ago* (last edited 4 months ago) (1 children)

As everybody knows, the average American's excess savings are stored in the balls. And it now looks like, the balls have run dry.