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The State Of The US Consumer: AT&T Crashes As Americans Can't Afford To Pay Their Phone Bills

Submitted by Dave Hodges on Thursday, July 21, 2022 - 22:28.

Zero Hedge - Tyler Durden

Shares of AT&T fell on Thursday after CEO John Stankey said that customers are starting to put off paying their phone bills - which resulted in the wireless carrier cutting this year's forecast for free cash flow to $2 billion, Bloomberg reports.

Shares fell as much as 11% in early trading, the company's largest slide since 2022 which erased the stock's YTD gains.

What!?

Jeff Martin Fri, 07/22/2022 - 12:05

Comment

But-but-but... It's the best economy in 50 years, says Joey.

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dave hodges

Dave Hodges has been publishing the Common Sense Show since 2012. The Common Sense Show features a wide variety of important topics that range from the loss of constitutional liberties, to the subsequent implementation of a police state under world governance, to exploring the limits of human potential. The primary purpose of The Common Sense Show is to provide Americans with the tools necessary to reclaim both our individual and national sovereignty.

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