When Capitalism Hits The Kill Shot
63% of America is apparently paycheck-to-paycheck. So like, what happens when a lot of the paychecks disappear?
First off, it is nearly impossible to get reputable data on what percentage of Americans live paycheck-to-paycheck. Some claim it’s 25–30%, which seems reasonable. Some say it’s as high as 80%, which seems preposterous. Over the last year, CNBC has done a bunch of videos that all seem to get over 1M views on YouTube about the decline of American savings…
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