Income, Consumption, Savings, Consumer loans, Real estate loans

So jobs and paychecks and profits were lost, but gov deficit spending more than made up for the lost personal income, but spending went down anyway, as personal savings went up. Then personal income fell back some, consumption increased some, and savings went down some. The $1,200 distribution was a one time event, and the […] The post Income, Consumption, Savings, Consumer loans, Real estate loans appeared first on The Center of the Universe .

So jobs and paychecks and profits were lost, but gov deficit spending more
than made up for the lost personal income, but spending went down anyway,
as personal savings went up. Then personal income fell back some, consumption
increased some, and savings went down some.
The $1,200 distribution was a one time event, and the new deficit spending
on unemployment benefits of $600/week just expired, making it all dependent
on what Congress does next…

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The post Income, Consumption, Savings, Consumer loans, Real estate loans appeared first on The Center of the Universe.

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