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A comment on Price shocks in formative years scar consumption for life. Parent comment
In the USA unexpected expenses (beyond monthly savings) can completely wipe a three month savings in a heartbeat.
Add to that getting laid off during a recession and you’re in for real pain.
I guess it’s just been 12 years since people ever had to deal with a bad economy.
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In the USA unexpected expenses (beyond monthly savings) can completely wipe a three month savings in a heartbeat.
Add to that getting laid off during a recession and you’re in for real pain.
I guess it’s just been 12 years since people ever had to deal with a bad economy.