Thursday, January 26, 2023

Americans out of cash

This is one of the most alarming charts I've ever seen.

͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 

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Editor's Note: Occasionally, an opportunity comes to our attention that we believe readers like you will find valuable. The message below from one of our partners is one we believe you should take a close look at.

 

Dear Reader,


This is one of the most alarming charts I've ever seen.


Take a look:


Can you see what it means?


In short, Americans are out of cash.


Consumer debt is at an all-time high, and personal saving is lower than it's ever been.


According to the Wall Street Journal, even wealthy Americans could soon suffer "more than usual."


Over the course of my career, I've seen a lot of things — but I've never seen anything quite as alarming as this.


What does it mean for the U.S. economy?


And, more importantly, what does it mean for your money?


I've spent more than a decade studying 'distortions' in the economy.


And today, I'm convinced we're in the middle of the greatest distortion our country has ever seen.


That's why I've put together a full-length presentation — to show you everything you need to know about America's 'Great Distortion' and what you can do to ensure your finances remain intact well into the future.


For right now, I'm making my presentation available — free of charge — to folks who watch today.


Go here to find out what I recommend as we face turmoil and volatility.


Regards,

Nomi Prins

Editor, Rogue Economics


P.S. Many are suffering as a result of America's 'Great Distortion.' 


But Americans who prepare today for what comes next could come out far ahead as a result.


Click here to find out what happens next.

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