Powered by Stimulus & Rent/Mortgage Payments “Not Made,” US Trade Deficit Hits Record Worst Terrible Level Ever
This article was written by Wolf Richter and originally published at Wolf Street Consumers are spending their stimulus money and their extra $600 a week in unemployment benefits, and now the extra $300 a week in unemployment benefits, and their fraudulently obtained unemployment benefits. And they’re also spending the money they’re not paying to landlords because they’ve stopped making rent…