this post was submitted on 29 Aug 2023
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A Boring Dystopia

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[–] kbotc 3 points 1 year ago (1 children)

They’re just about through those savings. Inflation + “catch up” vacations are the culprits. Look at credit card debt and that is before student loan payments restarted.

https://www.economist.com/graphic-detail/2023/08/21/americas-pandemic-savings-are-running-out#:~:text=Research%20by%20Hamza%20Abdelrahman%20and,by%20the%20end%20of%20September.

[–] MargotRobbie 1 points 1 year ago

That's a bit depressing, but good to know.