FACT: Everyone Now Living Paycheck To Paycheck Means Next Crisis Will Be Devastating!

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Do you believe that having debt like credit cards, line of credit, student loans, etc. is good, bad, or it depends?


More so than ever before, people are living paycheck to paycheck. No savings. Nothing for a rainy day. With interest rates at current near historic lows, some have simply invested instead of saving. There can be no solution to this crisis except for mass bankruptcies to occur. Look around the West. U.S, Canada, UK, Australia, and the rest. Everyone extends themselves to the absolute maximum. And that’s totally fine…as long as nothing with their income or expenses changes. Nothing to worry about, right?

See also  The "cost of living crisis" is in reality a "cost of oligarchy crisis," & Aussie sheeple keep voting for more of the same as they elect WEF stooges to rule over them.


Government shutdown exposes a harsh truth: Most Americans are unprepared for the next recession – MarketWatch


Living Paycheck To Paycheck: What The Polls Show


51% of young women have to borrow to make cash last until payday | Business | The Guardian


How an Overdraft Line of Credit Works


Walmart Nation: Mapping America’s Biggest Employers


Payless prepares second bankruptcy with store closures – BNN Bloomberg


Reorg First Day on Twitter: “Since 2016, 35 retail chains have filed for chapter 11 relief reporting more than $100M in liabilities on their bankruptcy petitions:… t.co/uMsJqnptvV


‘This One Here Is Gonna Kick My Butt’—Farm Belt Bankruptcies Are Soaring – WSJ



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