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Credit card debt just hit another new all-time high here in United States and is showing no signs of slowing down and continues to go higher and higher. Americans were also surveyed on why they keep using their credit cards and balances keep going up and the number one sided reason is because they cannot afford the cost of living. How is this a sign of a strong economy?

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Articles Mentioned in the Video
https://www.rnz.co.nz/news/business/530870/queenstown-eatery-s-outdoor-dining-fees-hiked-1500-percent
https://www.floridarealtors.org/news-media/news-articles/2024/10/new-hurricane-aid-available-repairs
https://apple.news/Apcw7L0ipTEqnuTyMVbnz4A
https://apple.news/ANRYCFFYrRWmUQgVXt-AMOA

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DISCLAIMER: This video content is intended only for informational, educational, and entertainment purposes. Michael Bordenaro is not a registered financial advisor. Your use of Michael Bordenaro’s YouTube channel and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, YouTube, E-Mail, and Instagram) for communications with Michael Bordenaro does not establish a formal business relationship.

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