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Gregory Daco
gregdaco.bsky.social
did:plc:knylkw6bvkf2qtl2tckcvz5n
⚠️Houston, we have a problem...
Inflation is surging & real wages are *falling*
Consumers are trying to push through using savings, credit and wealth, but the real income shock will increasingly bite. This ain't 2022 when government stimulus provided for a comfortable buffer
2026-05-13T13:54:03.677Z