Record Number of Americans Haven’t Paid Their Car Bills in 3 Months!

The amount of people in debt today is at a record high. It’s their student debt, mortgages, and even car payments. But it doesn’t stop there, the government is heavily in debt and that has once again hit another record high. What is not understood by almost all investors is that this debt is collateralized and securitized. That means that every piece of debt is actually sold off after being packaged up into a derivative product. Just like in 2008, delinquencies can trigger an event that unravels the financial system.

A record number of Americans are 90 days behind on their car payments
https://www.cnbc.com/2019/02/12/a-record-number-of-americans-are-90-days-behind-on-their-car-payments.html
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https://libertystreeteconomics.typepad.com/.a/6a01348793456c970c022ad3e087d2200b-500wi
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https://libertystreeteconomics.typepad.com/.a/6a01348793456c970c022ad3e20026200b-500wi
That $22 trillion national debt number is huge, but here's what it really means
https://www.cnbc.com/2019/02/13/that-22-trillion-national-debt-number-is-huge-but-heres-what-it-really-means.html
Your student loan bill could soon be taken out of your paycheck
https://www.cnbc.com/2019/02/13/a-gop-proposal-would-snatch-your-student-loan-payment-right-from-your-paycheck.html
West Coast real estate is now so expensive that married couples are moving in with multiple roommates - MarketWatch
https://www.marketwatch.com/story/west-coast-real-estate-is-now-so-expensive-that-married-couples-are-moving-in-with-multiple-roommates-2019-02-12
First comes love, then comes marriage, then comes…a roommate? - Trulia Research
https://www.trulia.com/research/married-with-roommates/
Tiny Cottage For Sale In Portsmouth, NH Has $2 Million Listing Price – CBS Boston
https://boston.cbslocal.com/2019/02/13/portsmouth-nh-cottage-2-million-real-estate-price-for-sale/
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