Consumer Debt up 50% Since 2008…
Stocks aren’t the only things that have gone up dramatically since 2008.
• In the first quarter of 2018, Americans owed $3.824 trillion, up 5.1 percent from the same time period last year.
• Automobile loans have increased to $1.1 trillion
• Credit card debt rose to $977 billion
As interest continue to rise, this is huge debt burden will only intensify.
Hat tip Gold Telegraph Research