The Impending Financial Squeeze | 99% Poorer in 2024, Warns JPMorgan

Excess savings, once at $2.1 trillion, have dwindled to under $148 billion, impacted by tighter credit conditions and reduced stimulus. By mid-2024, it's likely that nearly everyone, except the top 1%, will be financially worse off than in 2019.

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DISCLAIMER: The financial and political opinions expressed in this video are those of the guest and not necessarily of "Rethinking the Dollar." Views expressed in this video should not be relied on for making investment decisions or tax advice and do not constitute personalized investment advice. The information shared is for the sole purpose of education and entertainment only.

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