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Epic Economist, 12/15/24
"People Are Going Flat Broke As
Credit Crisis Hits Nearly 50% Of Americans"
"American households are spending a thousand dollars more every month just to purchase the same goods and services as three years ago. It's no wonder why so many people are turning to credit cards to make ends meet. But the situation is becoming so extreme that now almost half of all Americans are on a hamster wheel of credit card debt, according to a new report.
That includes children, Gen Zers, Millennials, and pretty much every generation after that. Yes, you heard it right. Recent data shows that there are millions of children in the U.S. drowning in debt. At the same time, seniors are literally unretiring to be able to pay off their balances, and conditions are growing worse with each passing month. Today, we're going to expose the darkest side of the American credit crisis. There's a lot to cover in this video, so stay with us until the very end."
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