US personal savings declined from 3.8% to 3.5% (from $773 billion to $720 billion), a material decline when taken in trend context alongside rising debt accumulation and rising debt servicing costs.
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Nomi PrinsEvidence Quote
“the total us personal savings fell to $720 billion from $773 billion or 3.5% % from the 3.8% personal savings rate”
Source
'Permanent Distortions' Created: These Are Economy's Biggest 'Red Flags' | Nomi Prins— David LinCreated: 8/11/2026, 1:12:12 AM
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