Hello full of rebel capitalists hope you're well so a new study just came out by the

Federal Reserve in San Francisco showing that Americans savings are close to being

completely depleted.

So this is really big news on top of everything that we've been talking about

for the last week or so, with the student loans now having to be paid,

potentially mortgage rates going up.

So let's get right into this article from Fox Business

title, Americans Burning through excess savings.

I don't have excess savings.

Is it possible to have excess savings?

I don't think so.

I would love some excess savings.

What's that?

I would love some excess savings.

Yeah, same here.

But now what they're referring to is savings above and beyond what we saw prior to the survey

so we'll cut them a little slack there.

So again Americans burning through excess savings from the pandemic

San Francisco Fed study says, Americans rapidly depleting excess savings

accrued during the survey sickness. Let's listen to the first minute or so of this

video and then we'll continue on through

this article then shoot over to Zerohead and check out a chart that really

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