No. of Recommendations: 8
Eric Feigl-Ding @DrEricDing· 34m
Huge 53% drop in personal savings rate in 1 year. There is now no doubt inflation is squeezing people's wallets so much that it's forcing household to dip into how much they save. This means less spending down the line- ie less consumer spending later. Negative spiral.
Heather Long@byHeatherLong · 1h
This is stunning.
Personal savings rate April 2025: 5.5% Personal savings rate April 2026: 2.6%
That's a sharp plunge....
The chart I can't copy, but:
https://x.com/byHeatherLong/status/205998430434035...Dope, how will your retirement be affected by inflation? Will you notice a squeeze?
