​Financial Strain On American Households Hits Retailers Hard – Tyler Durden

Financial Strain On American Households Hits Retailers Hard Authored by Michael Wilkerson via The Epoch Times, If anyone still believes that the U.S. economy is doing just fine, they should take a closer look at what is happening to the retailers that depend upon the faithful American consumer to “shop, shop, shop” to keep the economy afloat. American consumers are rapidly running out of firepower, and now, so too are the retailers that depend on them. Consumer Spending Cuts American consumers, increasingly overextended on credit card debt, and having depleted their pandemic-accumulated savings, have started to close their wallets to…  — Continue at ZeroHedge News : Read More