U.S. “Debt Bomb” Has Gone Off
by Editorial Staff
Updated: March 10, 2023
Stretching back to the 1980s, contractions in the U.S. consumer debt reflected a certain condition in the economy.
Well, adjusted for inflation, consumer debt in the U.S. has now been contracting for two years.
That may sound like a good thing... but first, take a look at this chart in the new video by our Financial Forecast co-editor, Peter Kendall.
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