ilmscore | Prediction Details
"as people have to make the decision of okay where do I cut back on my spending because the prices of things keep Rising faster than my incomes eventually people will have to say I can't keep going into credit card debt I can't keep going into my savings I can't keep racking up other sorts of debt I have to make a conscientious spending decision that I have to stop spending because I can no longer afford to spend"
By Minority Mindset | October 10, 2023 | Pending
From video
Goldman Sachs: Prepare For The Economic Slowdown Coming 00:10:25 - 00:10:45
Interpreted Prediction
Consumers will eventually be forced to reduce spending due to rising prices outpacing income growth, leading them to stop accumulating debt.

Prediction Details

Topic
US Economy

Comments

0 comments

Be the first to share your thoughts.

Like this prediction?

Join to make your opinion count.