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2025-08-07 13:10:27 UTC

Yogthos on Nostr: The "K-shape" economy is back. It's one of the most important charts to understand ...

The "K-shape" economy is back. It's one of the most important charts to understand the state of the economy.

The wealthy are still spending, although there has been some moderation. Meanwhile the bottom 80% are tapped out. Their spending is basically in line w/inflation.

Whether the US ends up in a recession will depend almost entirely on whether the top 10 to 20% of earners keep spending.

https://www.washingtonpost.com/opinions/2025/08/06/economy-jobs-middle-class-recession-tariffs/

#usa #economy