this post was submitted on 15 Jul 2024
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United States | News & Politics

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JPMorgan Chase, Wells Fargo Suffer $3,500,000,000 in Losses As US Banks Report Major Surge in Bad Debt (dailyhodl.com)
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[–] krolden@lemmy.ml 9 points 1 month ago

“[Inflation is] still cumulatively having a bit impact. The folks on the lower end of the wealth or income spectrum are struggling more than folks that are on the higher end.”

Yeah no shit