Why I'm "looking at" the U.S. economy

2024. 11. 5. 16:28U.S. Economic Stock Market Outlook

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Why I'm "looking at" the U.S. economy

There are many billionaires and rich people in the United States, but I think it is too difficult for most 草 to live in

As the days go by, the pockets of American 草 are becoming lighter, and the quality of life is deteriorating to the point where there is little hope for the future, especially after COVID-19

According to the most recent (2024.9.6) report from the University of Wisconsin in the United States, the ratio of net savings to domestic income after deducting expenditure from income is

It declined from 10.7% in the 1950s-60s to 7.0% in the 1970s-90s and plunged to 2.7% in the 1990-2024 (first quarter) and even more surprisingly, the net savings rate shifted to "minus" from 2023 to the first quarter of 2024

In other words, American 草 have recently run out of money to eat and die for. Of course, the billionaires and the proponents of the economy are not aware of the pain of these 草,

It is practically very difficult for the 草 to escape from hardship on their own due to financial institutions that are grappling with the enormous high interest rates of 21.7% of the U.S. 草, who are forced to spend more than their income and live in the red

I don't think the extreme flow of American politics and the prevailing 怒 of criticizing the world with anger and despair will have anything to do with this economic situation

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