The Great American DEBT FIASCO! Why the U.S. is Overdue For A Meltdown!

Do you see CASH ADVANCE/PAYDAY LOAN companies websites, advertisements, and retail stores? Has there been an increase in the past 10 years?

 
The average household has accumulated excessive amounts of debt. Their credit cards are maxed out. Their line of credits too. The equity in their home has been pulled out and converted into new toys. Well, we’re in for an interesting time ahead as people simply cannot take on any more.
 
case sept oct.jpg (990×700)
www.zerohedge.com/sites/default/files/images/user5/imageroot/2017/12/23/case%20sept%20oct.jpg
hourly earnings.jpg (512×296)
www.zerohedge.com/sites/default/files/images/user5/imageroot/2017/12/07/hourly%20earnings.jpg
HOUSEHOLD-INCOME-MUST-INCREASE.png (965×701)
www.zerohedge.com/sites/default/files/images/user5/imageroot/2017/08/12/HOUSEHOLD-INCOME-MUST-INCREASE.png
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www.zerohedge.com/sites/default/files/images/user5/imageroot/2017/08/12/divergence-hh-income-vs-hh-cost-to-own.png
The Next Big Trade for Bond Investors Is Betting on U.S. Homeowners – Bloomberg
www.bloomberg.com/news/articles/2017-12-26/bond-investors-next-big-trade-is-betting-on-u-s-homeowners
638549_cshomeprice-release-1226.pdf
www.spice-indices.com/idpfiles/spice-assets/resources/public/documents/638549_cshomeprice-release-1226.pdf?force_download=true
www.thebalance.com/payday-loans-and-cash-advance-businesses-960026
 

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