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   toussaint (toussaint@newsie.social)'s status on Friday, 31-May-2024 00:44:49 JST toussaint

   the savings rate in the US has been going down for ever generation, but it is now NEGATIVE and has been for more than a year, 5 quarters, which is the longest period since The Great Recession. The savings rate is a leading indicator, which means it moves before the general economy and is one indicator economic predictors like the Conference Board use
   #bidenomics