I actually love your analysis and the research you conducted from the information you got but on a contrary note it's actually a different scenario here in Africa. The rate of financial well-being here in Africa is really decreasing ever since the the government implemented the lock down order due to the coronavirus outbreak. Most workers really find it very difficult to survive if not for their monthly salary they do receive as workers. Most companies don't operate on regular basis and they are unable to import or export goods due to the closure of airports. It's not really that easy here, we are only surviving with the grace of God.

A recent chart from the St Louis Fed, FRED - US personal savings showed that, unsurprisingly, US personal savings has spiked. As of March 2020 it was up to 13.1%. Now to be fair, this is not even close to an all time high – back in the 1960’s & 1970’s it was steadily up above 10%, but more recently its been c. 3-6%.

This really shows that the citizens are always in need of their money to take care of more expenses during this period unlike the previous years when there was no pandemic issues.

I just hope everything will surely get better one day with time. We just have to keep believing and we just have to keep staying safe to avoid contacting the virus.

Thanks for sharing this great post with love from @hardaeborla and I hope you have a great day ahead 💕💖❤️❤️💖💕💕💖