blake@kbin.socialtoA Boring Dystopia@lemmy.world•A $5.5 trillion savings wipeout is raising risks for the US economy just as student loan payments are about to restart
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1 year agoBillionaire investor Bill Gross recently weighed in on falling consumer savings levels, warning that Americans could run out of their pandemic savings later this year, paving the way for a recession.
This may be one of my favorite “out of touch billionaire” comments I’ve ever seen.
As usual, people are the weakest link in security.