{"id":87870,"date":"2025-06-07T01:00:48","date_gmt":"2025-06-07T08:00:48","guid":{"rendered":"https:\/\/lenpenzo.com\/blog\/?p=87870"},"modified":"2025-06-10T11:10:16","modified_gmt":"2025-06-10T18:10:16","slug":"black-coffee-7-june-2025","status":"publish","type":"post","link":"https:\/\/lenpenzo.com\/blog\/id87870-black-coffee-7-june-2025.html","title":{"rendered":"Black Coffee: The Great Escape"},"content":{"rendered":"

\"\"It’s time to sit back, relax and enjoy a little joe …<\/em><\/p>\n

Welcome to another rousing edition of Black Coffee, your off-beat weekly round-up of what’s been going on in the world of money and personal finance.<\/p>\n

I’ve got another busy weekend ahead of me, so let’s get right to this week’s commentary …<\/p>\n

Debt is like any other trap: Easy enough to get into, but hard enough to get out of.<\/em><\/p><\/blockquote>\n

-Henry Wheeler Shaw<\/strong><\/p>\n

Credits and Debits<\/strong><\/p>\n

Credit:<\/strong><\/span> Did you see this? Despite the warnings from some economists that tariffs would result in more economic pain for most Americans, US workers saw their personal incomes rise<\/a> by 0.8% for the month, with grocery prices falling by the largest margin since September 2020. Imagine that.<\/p>\n

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Credit:<\/strong><\/span> On a related note, since peaking in January, egg prices<\/a> have fallen 61%, with the national average for a dozen large white shell eggs is now $2.52. Now that’s<\/strong><\/em> quite a trick. Although I wonder if it would receive the same reception that this<\/strong><\/em> one did:<\/p>\n