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Inflation Tops 10% on Key Items That Americans Just Can't Avoid
Bloomberg Businessweek
Consumers Making Choices
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Consumer spending is, i think, what will be the straw to break the camel's back in terms of a recession. 31% of households are very difficult to pay for usual household expenses according to the us Census buru survey conducted in late april and early may. That compares to 25 % at the same time last year. How much worse is it going to get?
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