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USA Hits 70-YEAR LOW - Goldman Warns Recession, 95M Can't Cover $400, Skipping Meals



 
📉 Goldman Sachs says the Iran war has killed the soft landing scenario for the US economy. 
 🛢️ Oil prices are feeding directly into inflation, bond yields, deficits, and household costs. 
📊 The University of Michigan Consumer Sentiment Index has fallen to its lowest level in 70 years. 🏦 Inflation expectations are surging, putting the Federal Reserve in an impossible position. 
💳 US credit card debt has reached a record $1.21 trillion. 
🍽️ One in four Americans is skipping meals to make debt payments. 
🌍 The deeper pattern is clear: the American economy is no longer absorbing shocks — it is passing them directly into ordinary households.




Source:    House Of El

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