Americans Sinking In Debt as Middle Class DISAPPEARS! Credit Card and Student Loans Rise!

A new American dream has emerged: A gigantic mortgage, a massive pile of credit debt, a home equity line of credit, and a 3 easy installment plan on a sandwich maker. Life is certainly good. Except in those instances when you can make payments on your panini press and life is thrown upside down. This tragedy is really not far off from the truth about the average person today. Too much debt, not enough income, poor spending and saving habits, and a central bank that made it all happen. Let’s dig into it.

America’s Upper Middle Class Feeling the Pinch Too - BNN Bloomberg
https://www.bnnbloomberg.ca/america-s-upper-middle-class-feeling-the-pinch-too-1.1244049
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