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12 Signs That U.S. Consumers Are Experiencing Far More Financial Stress Than Most People Realize

Consumer sentiment is plummeting, delinquency rates are rising, and nearly three-quarters of all U.S. consumers admit that they are “financially stressed”.  If U.S. consumers are experiencing this much pain now, what will things look like six months from today if there are empty shelves and widespread shortages?  We witnessed a brief period of severe financial stress during the early days of the last pandemic, but we would have to go all the way back to the Great Recession to find a time that is truly comparable to what we are enduring now.  U.S consumers have been getting hammered for years, and now it appears that our problems are about to go to an entirely new level.  The following are 12 signs that U.S. consumers are experiencing far more financial stress than most people realize…

The post 12 Signs That U.S. Consumers Are Experiencing Far More Financial Stress Than Most People Realize was first published by Michael Snyder on The Economic Collapse Blog and is republished here with his permission. Please support his efforts.

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