first majestic silver

Debt Explosion & Vanishing Savings: The American Consumer's Struggle! ft. Peter St Onge

August 29, 2023

The American consumer is struggling as credit card debt explodes, pandemic savings run out, and salary growth cools. With retail numbers plummeting, Americans are piling up debt and depleting savings as incomes lag behind inflation. Mortgage delinquencies are soaring, and a two-tier economy emerges, benefiting the wealthy while wrecking the young and working class.

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