Consumer household debt reaches another all-time high (yawn), as the fed continues to gloss-over the enormous problems with this debt-based economic system. More cracks emerge as consumers are beginning to pull-back on spending, especially millennials, who are loaded with debt. The fed also admits that the u.s. debt levels are unsustainable and that the fed has little tools left to deal with the coming recession. Links to news articles discussed in this video report here:
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