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Interest Rates , Investing , US Markets
     

U.S. “Debt Bomb” Has Gone Off

by Editorial Staff
Updated: March 10, 2023

Stretching back to the 1980s, contractions in the U.S. consumer debt reflected a certain condition in the economy.

Well, adjusted for inflation, consumer debt in the U.S. has now been contracting for two years.

That may sound like a good thing... but first, take a look at this chart in the new video by our Financial Forecast co-editor, Peter Kendall.

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