Will people ever get out of debt? What do you think?
The financial system is weak. It needs more and more debt in order to survive. There was a brief moment in history about a decade ago where the debt began to shrink. In this short period of time, there was the real fear of the global economic collapse. Ultimately the world was saved by central banks buying every asset they could and posed as the saviours. Next time around, what’s going to happen?
Consumer Debt Outlook for May 2018
Credit-card late payments rise as interest rates keep going up – Business Insider
Goldman Sachs: The fiscal outlook for the US ‘is not good’