The Economy’s New Reality: Everyone Is Going Broke

Credit card usage isn't really about spending. Americans use their credit cards when they're confident about jobs and incomes.

Person Holding Blue and Clear Ballpoint Pen

Image Source: Pexels


Credit card usage isn't really about spending. Americans use their credit cards when they're confident about jobs and incomes. The latest data from the Fed contains a more serious warning especially how it lines up with jobs and income data...and the Fed's actions.

Video Length: 00:18:56


More By This Author:

China's 10 Trillion In Stimulus Is Failing Massively, Here's Why
Germany Is Plunging And It’s Spreading To The Rest Of The World
Demand For Oil Is Tanking, This Is A Major Warning To The Economy

Comments