"Given that #consumerspending makes up roughly 70% of the #GDP calculation, that 35% decline in consumer spending is significant. Combine that with rising #creditcard delinquencies, and you can understand our concern about economic growth going forward."t.co/s9oIo7uP17 pic.twitter.com/K15saKciEo
— Lance Roberts (@LanceRoberts) April 29, 2023
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