Very interesting read.
[URL unfurl="true"]https://www.foxnews.com/opinion/americans-say-theyre-broke-so-why-cant-stop-spending-so-much
Some Americans are crying poverty with a $1,500 iPhone in one hand and an $8 Starbucks latte in the other. They say groceries are unaffordable, but somehow the restaurants are packed, airports are crowded, and the neighbor just pulled into his driveway with a brand-new $90,000 SUV.
Apparently, we're one bad [economic report]('https://www.foxnews.com/category/us/economy') away from bankruptcy and one Instagram post away from booking another trip to Cabo.
Consumer confidence is in the basement. Consumer spending apparently didn't get the memo.