In short, Americans are out of cash.

 

Can you see what it means?

In short, Americans are out of cash.

Consumer debt is at an all-time high, and personal saving is lower than it’s ever been.

According to the Wall Street Journal, even wealthy Americans could soon suffer “more than usual.”

Over the course of my career, I’ve seen a lot of things — but I’ve never seen anything quite as alarming as this.

What does it mean for the U.S. economy?