tweet of the Day The Savings Rate just collapsed down to 2.2%, the lowest level ever. ¿ Means Americans are running out of money. Last time it was this low was 2006-07. Right before GFC. Major Recession Warning. Expect a big decline in consumer spending in 2023. pic.twitter.com/kTVZDtXQBZ — Nick Gerli (@nickgerli1) January 10, 2023