The U.S. is witnessing record-high credit card delinquency rates, with balances soaring to $1.3 trillion and interest rates at an alarming 28%. This financial strain signals a looming economic downturn, exacerbated by a negative net savings rate, wh…
The U.S. is witnessing record-high credit card delinquency rates, with balances soaring to $1.3 trillion and interest rates at an alarming 28%. This financial strain signals a looming economic downturn, exacerbated by a negative net savings rate, which mirrors previous financial crises. Are we on the brink of a larger economic collapse?
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DISCLAIMER: The financial and political opinions expressed in this video are those of the guest and not necessarily of "Rethinking the Dollar." Views expressed in this video should not be relied on for making investment decisions or tax advice and do not constitute personalized investment advice. The information shared is for the sole purpose of education and entertainment only. Some links included in description are affiliate links and cost you no additio..
