Leopards Ate My Face

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Chronicling political and metaphorical leopards eating the faces of the hubristic.

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Fox News host worried about economic collapse. (bsky.app)

submitted 19 hours ago by Sir_Kevin@lemmy.dbzer0.com to c/leopardsatemyface@lemm.ee

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Charles Payne warns of a collapse in American spending, citing steep declines in restaurant, airline, and lodging purchases. Bank of America data shows credit card spending stagnating as debt hits record highs. Rising interest rates are squeezing consumers.

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[–] LuxSpark@lemmy.cafe 34 points 19 hours ago

Yes, all that money will "trickle down" to consumers. It will be like a refreshing spring rain washing over us and not at all like a jar of trucker piss thrown from a window.