Doesn’t it seem weird to you that the economy is so fantastic but debt is at an all time record high, credit card, household debt. The worst type of debt. 17% interest type of debt. But I guess it’s all good as long as my 7 shares of Tesla keep going higher.
U.S. Household Debt Exceeds $14 Trillion for the First Time – BNN Bloomberg
www.bnnbloomberg.ca/u-s-household-debt-exceeds-14-trillion-for-the-first-time-1.1388505
Household debt jumps the most in 12 years, Federal Reserve report says
www.cnbc.com/2020/02/11/household-debt-jumps-the-most-in-12-years-federal-reserve-report-says.html
Credit-Card Debt in U.S. Rises to Record $930 Billion – WSJ
www.wsj.com/articles/credit-card-debt-in-u-s-rises-to-record-930-billion-11581442140
Charging into Adulthood: Credit Cards and Young Consumers -Liberty Street Economics
Consumer insolvencies approach record in debt-weary Canada – BNN Bloomberg
www.bnnbloomberg.ca/consumer-insolvencies-approach-record-in-debt-weary-canada-1.1387954
More higher-income Ontarians struggling with debt: Study – BNN Bloomberg
www.bnnbloomberg.ca/more-higher-income-ontarians-struggling-with-debt-study-1.1387802