This is why 85% of Americans have less than $10,000 and 70% less than $1,000

The disaster we are facing began long ago.

As #interestrates have been repressed, it has completely discouraged savings, while simultaneously sending consumer #debt levels & asset bubbles to the moon.

This is why 85% of Americans have less than $10,000 and 70% less than $1k

 

 

h/t @OccupyWisdom