AUG 10, 2017
ORIGINAL SOURCE: In Debt We Trust for U.S. Consumers With $12.7 Trillion Burden by Vince Golle of bloomberg.com on 8/10/17
After the great recession just a decade ago americans are at new record levels of a whopping $12.7 Trillion in debt. Once again on the edge of another financial implosion reminiscent of 2007-2008 with record debt in Housing, auto loans, student loans and credit cards.
Its no wonder the smart money billionaire hedge funders are worried about the market.
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