The 3 Drivers Of US Consumers Hit A Wall – OpEd
Published
The American consumer is giving up. Tapped. Out of cash.
So says;Bloomberg;in a recent article called “Key engines of US consumer are losing steam all at once.”
In short, consumer spending over the past year has been propped up by 3 things: incomes, savings, and debt.
All are now out of runway.
**Incomes**
For...