it s all just peaches jus and cream, according to joe and his team. but what s the truth now?g to te accordin fg to the federal reserve bank of st. louis, that personal savings of americans are roughly one eighth of whatgh they were right before the pandemic. f that s the lowest level ofsion savings since the twenty eight recession. and americans are up to their ears in debtappe as well. they owe nine hundred and twenty five billion dollars to credit card companies. that s a 15 percent year over sn moar rise. that s the biggest jumre tp we e seen in more than two decades. and now the layoffs are coming. amazon plans to fire more than e ten thousand workers, while meta will ax another eleven dashe thousand door dash is cutting twelve hundred and media companies like amc are slashing% 20% of their workforce o. so is all this a sign of a healthy economy? joining me now is peter schiff, chief economist and global strategist for euro pacificc capital , host of the peter schiff show podcas