So right now in America, people have more credit card debt delinquencies than they did right after the 2008 crash. More auto loan delinquencies. And Consumer confidence has just collapsed in America. It's the lowest numbers ever. People are saying two things. They expect prices to go up. They're saying inflation, they anticipate is going to be around 6.4%. And they're saying they're worried they're going to lose their jobs. (20:15–20:22)
CLAIM
Asserts that consumer confidence in the U.S. has reached its lowest recorded levels.
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