News: Warning: New Consumer Debt Numbers Are Scary

6 snips

Aug 18, 2023

Exploring the all-time high US consumer debt, comparing it to the 2008 financial crisis. Debating the impact of inflation on the poor and middle class. Analyzing the financial behavior of lower-income earners and rising student loan delinquency rates. Examining the effects of student loan repayment fears on Target's profitability. Discussing the staggering statistics of consumer debt and concerns about industry impact.

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Introduction

00:00 • 1min

Debating Consumer Credit Card Debt and Inflation's Impact on the Poor and Middle Class

01:29 • 3min

The Financial Behavior of Lower-Income Earners and the Impact of Student Loan Debt

04:43 • 4min

The Impact of Student Loan Repayment Fears on Target's Profit Outlook

08:51 • 3min

The Staggering Statistics of Consumer Debt

11:22 • 6min