It was recently stated that with this collapse..that 61% of American households cannot come up with $1000 for an emergency...
This is after 3 years if a booming economy....
The expression "There will never be another poor day" rings true..
I’ll bet most of them have $800 phones with unlimited data plans, the latest video game systems, high end tv’s, $200 sneakers,
car loans on $40,000 vehicles, etc, etc. lot’s of examples in my own family.
It all comes down to priorities. For a lot of people it’s not how much you earn, it’s how you choose to spend it.
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