Americans $1 Trillion in Credit Card Debt! Credit Cycle Repeating 2007 ALL OVER AGAIN!

People have been accumulating debt like it’s a healthy habit. Like it’s a collectible item. Only one problem: It’s not. It’s a virus purposely created to trap you into their system. They give you terms you can’t easily pay back. If you don’t pay it back, they take your assets. If you have no assets, they take your credit. But in the end, the bankers rule the world and will always profit.

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ℹ️Sources Used in This Video ℹ️
https://goo.gl/UpprQe

Credit Card Debt Study: Trends & Insights
https://wallethub.com/edu/credit-card-debt-study/24400/#average-paydowns-by-city
Delinquency Rate on Credit Card Loans, Banks Not Among the 100 Largest in Size (By Assets) | FRED | St. Louis Fed
https://fred.stlouisfed.org/series/DRCCLOBS
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2018's Best Unsecured Credit Cards for Bad Credit
https://wallethub.com/credit-cards/bad-credit-unsecured/