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Sunday, January 8, 2023
US consumerism is stalling because household savings are at a record low.
The US consumer spending accounts for 70% of the US economy. If the US consumerism is stalling because of the record low household savings, the US will enter into a recession in 2023.
A pundit of the third realm, a sapient, unflappable and nonpareil homosapien, with monumental fortitude and tremendous tenacity, one who has been through the vicissitudes of life, and has mastered great dexterity and virtuosity to discern between verisimilitude and actual reality.
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