Astonishing Charts from New York Fed Show the Dire Straits of U.S. Consumers During the 2008 Crash and Its Aftermath — Versus Today

by Pam Martens and Russ Martens, Wall St On Parade: At his July 27 press conference, Fed Chair Jerome Powell said this: “Households are generally in about as strong a financial shape as they’ve been in a very long time – or perhaps ever given the money that’s on people’s balance sheets. So you have a pretty – from […]