Interesting stat from WSJ today, number of Americans making "economic hardship" withdrawals from 401k accounts surging

Investigative Journalist. Independent. www.leefang.com

ehh, people have been saying this forever but i really do think a consumer credit crisis is incoming

really hard to change spending behaviors, yet inflation is up (consumers spending more) and employment is ?? (consumers earning less relatively)

/ted | exploring the onchain frontier | surfing @ venice, ca | eating @ gjusta / gjelina

There are signs that aren’t good, and I wouldn’t be surprised by a downtown, but I do love when people say “(so and so) has called 10 of the last 3 crashes)”