Kyle Taylor on Nostr: (3/4) In the lead-up to the CARES act and COVID-19, 25% of Americans were considered ...
(3/4) In the lead-up to the CARES act and COVID-19, 25% of Americans were considered financially vulnerable (no savings). 20% of households had a negative savings rate (don't make enough to cover bills). 47% don't have 3 months of savings in case of job loss. So, the stock ownership numbers for US households from the U of M is accurate. But belies the problem that we are not really all that secure in our savings.
Published at
2024-09-16 03:46:25Event JSON
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