Record-Breaking U.S. Credit Card Debt: Could it Trigger a National Crisis?

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In this video, we delve into the alarming trend of record-breaking U.S. credit card debt. As debt levels reach all-time highs, we question the potential impact on the country’s economic stability. We explore the causes behind this surge, analyze its implications, and discuss potential solutions.

Is this escalating debt a ticking time bomb for a national crisis? Join us as we unpack this critical issue. Don’t forget to subscribe and share your thoughts in the comments below. Together, we can navigate these complex financial times. #debt #creditcard #spending

Comments

Ash Ley says:

As a certified debt consultant, if you’re in over ur head, w unsecured debt and cc consolidate! Student loans, private, consolidate!
Say u got a 10k cc. For $1,000 u pay only knocks off 1yr of payments and u would end up paying $21,000 at the end. I work for one of the largest companies and we’re booming, which is sad for humanity, but we’re knocking down high interest rates and principal! Save ur self. Phuck those cc. Don’t take a heloc for unsecured debt as well. That’s another huge thing. Ppl are scared to consolidate bc their afraid taking away money from the creditors.

Nisha Sharma says:

Only Wixpool offers good returns from investments in DEX platforms on reliable networks like Bitcoin. And I dont see the point of working with risky assets…

DraZoX says:

Are you still just holding coins? Guys, what are you doing? Wixpool has been around for almost a year!

PcSlurpy Clips says:

Guys, why arent you talking about Wixpool?

Marisha says:

I agreed with everything said here. We are all feeling the squeeze in every direction

Unlike No Other says:

No…the big stain on America is GREED!!!!!

Kat says:

Not you making me want a man ?????

Short Kaang says:

This videi was a big nothing burger…these guys have 0 understanding of macro economics …

Mochelle Johnson says:

With costs rising for everything, the only thing we can do is make more money.

Anthony L.M. says:

Great content! Thank "U" three for "ur" financial ministry….Keep up the good work!!????

Rashaad thegr8 says:

Feels good to be 100% debt free.???? ????

FATTED 300 says:

Credit card debt + Student Loan Debt + Mortgage Debt + Lack of Quality Jobs + Social Media Flossing Brainwash = an extremely toxic bubble that will eventually burst! What happens when it does? Are you prepared for the flood?

Michael Washington says:

The quality job situation, its the price of the Walmart and like corporations in the U.S. knocking out mom & pop businesses and small franchises and on the other side, going out of the country for cheaper labor for cheaper goods. Then the people spending their money there without thinking about the consequences. I know whole towns in my home state of South Carolina that were built on factories of all types.. Gone.

Carmen says:

Thanks dude! for keeping us financially Educated! Regardless of how Bad it gets or the economy, I still make over $22,000 every single week………….

O-Jay's World says:

Hummm, it's funny how a certain Administration got in and everything went to Shit.

O-Jay's World says:

Money is fake anyway ????????

Luiz German says:

For me personally I’ve found success trading off Bitcoin/ETH… and that helped me generate more than $3.5m trading during the year 2022
I’m also holding but am more successful in trading. Once I make from trading, I buy more crypto and HODL!

Michael Kaniki says:

Are there any black owned construction companies working in Florida. Though I hate the politics of it it would be a great opportunity for the African diaspora to invest in to take that vacuum up while it's there?

Hannah Jeffrey says:

<<<I feel incredibly fortunate for having made wise financial choices that have had a life-altering impact. As a single mother residing in Toronto, Canada, I successfully purchased my second home in September. If everything continues to progress positively, my aspiration is to retire next year at the age of 50.>>>

SWTmel 2020 says:

As a nation, we are at a critical point and feels like there is tension in so many areas. The Great Reset?? Hmm

Isaac Barret says:

And student loan repayments are about to start up again.

Luke Bryan says:

Great content! Even with the current dip in crypto currency’s I’m still glad I can smile ???? back at my portfolio of $82,800 built from my weekly trade, I’m having my fourth withdrawal in 10 business days all thanks to Mrs Mary Katherine

Student of the game Networks says:

Mr. Dunlap is spot on !!!!

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