Multiple economic bubble speedrun any%
If we’re getting inflation, that means debt is “cheap” now, right?
Right?
🫠
Right message (debt bad m’kay) poor case being made though.
In theory, almost every year there will be “a new record” as population expands, inflation continues, and whatever bubble you’d like to blame matures.
Other than showing it’s a 6% increase this does nothing to compare debt to income or assets ratios.
Big numbers are scary.
Next.
Americans’ household debt hits new record high so far
C is for Collapse.
It’s perfectly OK, it’s only less than half of the federal debt, and contrary to the federal debt, most households have assets to cover their debt. So borrow on, everything is fine. 🤡
/sPS:
USA is now paying more on interests of federal debt than is used on the military.
But to be fair, it is only a very small military, barely capable of occupying 3 countries at a time. 🤣🤣🤣
