The Great American DEBT FIASCO! Why the U.S. is Overdue For A Meltdown!
The average household has accumulated excessive amounts of debt. Their credit cards are maxed out. Their line of credits too. The equity in their home has been pulled out and converted into new toys. Well, we’re in for an interesting time ahead as people simply cannot take on any more.
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Sources Used in This Video:
https://goo.gl/UpprQe
case sept oct.jpg (990×700)
hourly earnings.jpg (512×296)
HOUSEHOLD-INCOME-MUST-INCREASE.png (965×701)
divergence-hh-income-vs-hh-cost-to-own.png (963×700)
The Next Big Trade for Bond Investors Is Betting on U.S. Homeowners - Bloomberg
https://www.bloomberg.com/news/articles/2017-12-26/bond-investors-next-big-trade-is-betting-on-u-s-homeowners
638549_cshomeprice-release-1226.pdf
https://www.spice-indices.com/idpfiles/spice-assets/resources/public/documents/638549_cshomeprice-release-1226.pdf?force_download=true
https://www.thebalance.com/payday-loans-and-cash-advance-businesses-960026
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