Financial Doom Ahead? Economist Gives Stark Warning of Ominous Signs

A warning of an impending financial "reckoning" is raised, despite the current relief in Thanksgiving dinner costs.

Highlights:
🦃 Thanksgiving dinner costs have decreased this year, but there are ominous signs in the economy.
💸 Disposable income has been declining since May, and the savings rate is down, leading to concerns about household finances.
💳 Credit card debt has surpassed $1 trillion, with a continuous rise, indicating people using debt for daily expenses.
📉 The traditional pattern of business spending dropping first is disrupted; households are currently keeping the economy afloat through savings and credit.
⚖️ There is a looming need for a financial reckoning as households may struggle to maintain their existing standard of living.
🔄 Despite expectations, the standard of living hasn't risen with inflation, posing challenges for consumers.
🛑 Recommendations include prioritizing necessities and dealing with increased costs cautiously
___________________________________________________________________________________________________

THANKS, A BUNCH FOR WATCHING❗️
PLEASE LIKE, SUBSCRIBE, and SHARE❗️
WATCH THE FULL PLAYLIST HERE: ➡️ https://bit.ly/3FJ4O6M

✅ Embark on an exciting journey with GotBackup, the fastest-growing online company in 2023, offering a revolutionary online backup and recovery solution🤔. Changing the digital landscape, GotBackup provides a secure🔐, reliable, and easy-to-use service, catering to individuals and businesses aiming to SAFEGUARD their VITAL DATA. The growing reliance on digital data underlines the necessity of our solution, as it ensures your data is always accessible and secure🔐.

But the benefits don't stop there😃. GotBackup also presents an unmatched business opportunity🤑 through its lucrative affiliate program. You can build a robust passive income stream, earning up to 200%💰 commission on referrals. Leverage the power of online advertising and influencer marketing, and seize this chance to be part of GotBackup's explosive 🧨growth in 2023🔥. Don't hesitate! JOIN US, and SECURE your FREE position in the Powerline today!🧨
✅ ➡️ https://bit.ly/3oQDcYX

✅Check out PonchyNews New Merch Shop! Get cool Patriot shirts, hats, bags, mugs, etc. We have something for everyone, children, women, men, and even the pups! Check us out HERE: ➡️ https://ponchynews.myspreadshop.com/

THANKS, A BUNCH FOR WATCHING❗️
PLEASE LIKE, SUBSCRIBE, and SHARE❗️
WATCH THE FULL PLAYLIST HERE: ➡️ https://bit.ly/3FJ4O6M
________________________________________________________________________________________________

ALL SOCIAL MEDIA:
✅TRUTH SOCIAL: ➡️ https://truthsocial.com/@ponchynews
✅GETTR: ➡️ https://gettr.com/user/ponchynews
✅GAB: ➡️ https://gab.com/PonchyNews
✅FACEBOOK: ➡️ https://www.facebook.com/PonchyNews
✅TWITTER: ➡️ https://twitter.com/PonchyNews
✅RUMBLE: ➡️ https://rumble.com/user/PonchyNews

Interested In Starting a YouTube Channel? Here are some MUST-HAVE TOOLS to help get you started!

✅VidIQ Link: ➡️ https://vidiq.com/ponchynewz
✅Keywords Everywhere Link: ➡️ https://kwe.ai/l9DYyf
✅TubeBuddy Affiliate Link: ➡️ https://www.tubebuddy.com/bdufrene27

We now have the ability for anyone who loves the videos I put out to help support the channel, it's called SUPER THANKS. The tab is right underneath the video, and ALL contributions are EXTREMELY APPRECIATED!

The links ABOVE are affiliate links, and I make a tiny commission if a purchase is made. I TRULY Want To THANK anyone who helps support the channel and my family, it is GREATLY APPRECIATED!