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1,753,173 Views โ€ข Apr 27, 2024 โ€ข Click to toggle off description
The Chicago FED just reported a deep concern for the rising delinquencies on all forms of consumer debt, including credit card, delinquencies, auto loan delinquencies, student loan, delinquencies and non payment of rent. This cascading wall of debt is not only hitting consumers but the U.S. economy as a whole as businesses are also reporting a slowdown in hiring and more planned layoffs coming.

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Views : 1,753,173
Genre: Entertainment
Date of upload: Apr 27, 2024 ^^


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RYD date created : 2024-05-15T01:07:11.218315Z
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YouTube Comments - 11,477 Comments

Top Comments of this video!! :3

@MichaelBordenaro

2 weeks ago

MAJOR Housing Market LIES BEING TOLD RIGHT NOW! https://youtu.be/7PXXGKjckts

301 |

@amateurcrastinator9523

2 weeks ago

Let's be real. This is all by design.

5.4K |

@user-pr8op7px7f

1 week ago

If only the entire nation would stop paying their taxes.

3.4K |

@DetroitLionsStuff

5 days ago

It is cheaper for my family to buy a round trip plane ticket to Bulgaria (where my wife is from) and get medical and dental procedures done there. Than to drive to the doctor down the road and get treatment. This country is a joke.

809 |

@TheMagicCrafter

5 days ago

I believe it. This country is on a downward spiral. ๐Ÿ˜•

110 |

@thepuffin-ss9ln

2 weeks ago

The "leaders" in this country look like people stealing the silverware while the titanic sinks

2.4K |

@sts242

2 weeks ago

All I'm gonna say is I'm old enough to remember when mom stayed home and dad worked. Those were the best days in America.

3K |

@samsaldate5828

5 days ago

I make 60k a year and I have completely given up on ever being able to afford a house. I will just continue to work and live in my apartment until I get priced out of living in an apartment and then become homeless. Homeless at 60k a year what a joke!!!

337 |

@joosetheconqueror845

1 day ago

Shout out to all the people who grew up poor and knew exactly what to do right now.

34 |

@purplehayes33

2 weeks ago

Sadly middle income is now low income

2.6K |

@JustSomeGoy

1 week ago

Our government doesnt pay it's bills, why should citizens?

1.2K |

@thesockpuppetguy7626

5 days ago

I work in a bank. ROUTINELY I see this 1. >75% of the credit limit used on a credit card 2. Huge increase in HELOCs and cash out Refinances 3. Increase of Cash Advances of the credit cards (routinely charged at a higher rate) 4. Increases in just the last 3 months of delinquent debt 5. Increase of credit cards applications 6. Banks are now rolling out "No credit check" loans where they only look at your delinquent debt and not your credit as long as you hit certain criteria

109 |

@bonelessthincrust

4 days ago

I hope to see the hard reset happen sometime in my lifetime. Many of us have nothing to lose at this point. We aren't married, no kids, no property, just being endlessly taxed only for the overwhelmingly majority of it to go to Israel, Ukraine, illegals, and other nonsense. I'm beyond ready.

165 |

@thearch1tect249

2 weeks ago

The one guy I work with said and I quote "why bother because it doesn't matter whether I do the right thing or the wrong thing, the outcome is the same". When normally moral and ethical people start speaking and acting this way we are in big trouble folks!!

2K |

@MichaelPaparelli

2 weeks ago

Slavery didn't END. It just encompassed all the races.( charles Bukawski).

3.1K |

@RkicF8

5 days ago

People should pay their bills and stop paying taxes to an illegal government.

87 |

@sheisofthewoods

5 days ago

When our health insurance was more than our mortgage and it takes 4 months to see a doctor who doesn't do anything for you... We dropped our insurance and jumped on a well researched health share.

32 |

@Timbodacious

1 week ago

People went to war to fight like 5% taxation, now people pay roughly 30% income tax PLUS taxes on all of their purchases and property. We failed ourselves by letting taxes increase.

1K |

@13lood13ath

1 week ago

Dear citizens of the US: If you change nothing, nothing will change. We need to unite and take our country back, rather than continue to sit back and watch it all burn. The choice is OURS.

1K |

@ronc3348

5 days ago

This economy is unbelievable. Something needs to give.

28 |

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