The current generation has walked straight into a debt trap, by choice.
We’ve come to see debt as the ultimate solution for everything:
Need a vacation? Swipe the card.
Tuition due? Take another loan.
Dream home? Sign up for decades of payments.
Government short on funds? Raise the ceiling, add more debt.
Inflation running wild? Print more money, issue more bonds it’s just numbers, right?
Result: Consumer confidence has dropped below even the 2008 crisis levels.
Do You Agree?#USeconomy#
Je_trades
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