Highest balances ever, highest increase ever, the Joe Biden economic wonder continues apace :biden-troll:

The figures suggests Americans’ are starting to rely more on credit as savings built up on the back of government pandemic-relief funding dries up. Bloomberg Economics estimates that households earning less than $90,000 a year will have exhausted their financial cushions by February.

:doomer:

  • EmmaGoldman [she/her, comrade/them]
    ·
    3 years ago

    Virtually all Americans who retained relatively consistent employment throughout 2020 had the estimated best financial year of their lives thanks to the stimulus checks. If $1800 is enough of a bump to set the record best, that's fucked.