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Tag: US household debt

US Household Debt Surpassed $18 Trillion

  American households have been unable to pay off their debts. The Federal Reserve Bank of New York recently reported that household debt has reached a new...

Bernie Wants to Collaborate with Trump?

Bernie Sanders chastised his own party for abandoning working-class Americans following Kamala’s defeat. Perhaps this is why Sanders is now open to reaching...

American Household Debt Surpasses $16 Trillion

American household has reached a new high, according to a report by the Federal Reserve Bank of New York. Total household debt has surpassed $16 trillion for the...

Credit Card Debt on the Rise

The various handouts and moratoriums during the pandemic drove the personal savings rate down to World War II levels. Everything was closed – there weren’t many...

US Household Debt Rises by $1 Trillion

Household debt in the US spiked to the highest level since 2007. According to the Federal Reserve Bank of New York, Americans accumulated an additional $1 trillion...