ilmscore | Prediction Details
"America is a consumer nation. We are the largest consumers of things in the world. I like to say that Americans make a dollar to spend $2."
By Minority Mindset | December 21, 2025 | Incorrect
From video
Most People Were Taught Wealth All Wrong — Here’s How to Build It 00:12:27 - 00:12:37
Interpreted Prediction
The US is a highly consumerist nation where individuals tend to spend double what they earn.
AI Evaluation Notes
The prediction states that Americans spend double what they earn, implying a savings rate of -100%. According to the Federal Reserve Economic Data (FRED), the personal saving rate in the U.S. has fluctuated, but it has remained positive and far from -100% [cite: i].

Prediction Details

Topic
Consumerism

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