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Title: Fed Warns Consumers Will Deplete Excess Savings By End Q3
Source: [None]
URL Source: https://www.zerohedge.com/markets/f ... cess-savings-third-quarter-end
Published: Aug 17, 2023
Author: Tyler Durden
Post Date: 2023-08-17 08:45:11 by Horse
Keywords: None
Views: 181
Comments: 2

"Our updated estimates suggest that households held less than $190 billion of aggregate excess savings by June. There is considerable uncertainty..."

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#1. To: Horse (#0)

"Excess" savings? Should Comrade Bidet have authority to dictate how much each person saves? What an arrogant bunch of jackasses we have for a government. I remember not long ago when saving money was considered virtuous. But that would be behaving responsibly, and we can't have any of that now, can we?

“I am not one of those weak-spirited, sappy Americans who want to be liked by all the people around them. I don’t care if people hate my guts; I assume most of them do. The important question is whether they are in a position to do anything about it. My affections, being concentrated over a few people, are not spread all over Hell in a vile attempt to placate sulky, worthless shits.” - William S Burroughs

Dakmar  posted on  2023-08-17   9:30:06 ET  Reply   Trace   Private Reply  


#2. To: Horse (#0)

Median Wealth for Single Black Women: $5

This is why the elites push equality, they have the dream that this will be near universal.

“I am not one of those weak-spirited, sappy Americans who want to be liked by all the people around them. I don’t care if people hate my guts; I assume most of them do. The important question is whether they are in a position to do anything about it. My affections, being concentrated over a few people, are not spread all over Hell in a vile attempt to placate sulky, worthless shits.” - William S Burroughs

Dakmar  posted on  2023-08-17   9:34:12 ET  Reply   Trace   Private Reply  


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