In the Eye of the Inflation Hurricane – Ep 855
The Peter Schiff Show Podcast
00:00
The Biggest Increase in Household Debt in 15 Years
Household debt now stands at an all time record high, $16.5 trillion. It's up $1.27 trillion in the last year. A surge in household debt is not a sign of affluence. The fact that consumers have to go into debt to buy shows they can't afford to buy the things they're buying.
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