Household Debt Surges By $394 B – Largest In 20 Years

Hello Traders / Investors

Savings have dried up, and now US consumers are driving themselves into massive debt in attempts to keep up with the rising cost of goods and services. Eventually once savings are emptied, and debt is maxed out, we're going to see a massive reduction in overall spending by households, severely affecting the US economy on a massive scale.

https://finance.yahoo.com/news/us-household-debt-surges-young-160322645.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAANMoevlx7KKNU0I41y_LA7JeVX1YjcqKiQiCYecGLIMVUkq6ANsYDIl2zpEbSDlukmMye1hOEeLiUA7844tmgYBaCvFyUNeC2F1hDUTffeH_oIQXfXHC6l2JLqdEEZ-dZenUEAu7QwdLX3TMNDSNjbAyiAZ8JWvUFphcFoYTYG9C