Americans Are Tapped Out as Debt MAXED OUT as Delinquencies and Layoffs Rise!

in #dtube5 years ago


Debt can expand for years. In fact it has to or else the system will collapse. There’s no possible way that this can go on forever and that’s why every so often a slowdown occurs and then we have an economic calamity. It’s a cycle. But what’s notable is that right now, Americans and for that matter, just about everyone in the world is in the most amount of debt they have ever been in, in history. But I just got pre-approved for another credit card so I guess, don’t stop the party just yet?

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