by Mish Shedlock, Mish Talk: Personal savings and the savings rate have plunged rapidly. Adjusted for inflation, its worse. The BEA’s Personal Income and Outlays report for April shows the Personal saving was $815.3 billion in April and the personal saving rate—personal saving as a percentage of disposable personal income—was 4.4 percent. TRUTH LIVES on at https://sgtreport.tv/ Real […]
Source