80% of Americans seem to find themselves in debt. Some will never pay back their debt. Some are so overburdened by debt that they must claim bankruptcy. There doesn’t seem to be a particular type of debt that is prominent. It simply seems as though there is more debt piling up in all areas and for nearly everyone. This is when you know the empire is falling.
LOOK THROUGH MY BOOKS!: http://books.themoneygps.com
SUPPORT MY WORK: https://www.patreon.com/themoneygps
PAYPAL: https://goo.gl/L6VQg9
BITCOIN: 1MbAUXsHa8XRFMHjGurd7L5nRDYJYMQQmq
ETHEREUM: 0xece0Dd6D0b4617A8D94cff634C64155bb1cD8C2C
LITECOIN: LWh6fji4WrJT7FAbFvFSZ9jVNCgVM3dHod
DASH: Xj9RXrvhXbaL3prMDvdzAxM8gDB2vDiZrh
MONERO:47q5qDPkDBLRadwcSXDsri3PNniYRYY1HYAhidXWAg8xXHFFZHFi7i9GwwmZN9J5CJd8exT4WARpg2asCzkuoTmd3dfcXr6
STEEMIT: https://steemit.com/@themoneygps
DTUBE:
T-SHIRTS: http://themoneygps.com/store
PROTECT YOUR CRYPTO WITH THE TREZOR: https://goo.gl/keoFei
Sources Used in This Video:
https://goo.gl/UpprQe
Details of Debt
https://www.cometfi.com/details-of-debt
asset1.jpg (800×1121)
asset7 (1).jpg (800×1374)
https://www.cometfi.com/hs-fs/hubfs/DetailsDebt/asset7%20(1).jpg?t=1518728793641&width=1600&name=asset7%20(1).jpg
asset4.jpg (800×1112)
assset5.jpg (800×1243)
asset6.jpg (800×953)
▶️ DTube
▶️ IPFS
Do you think that people simply don’t care about their debt (on average)? Or it’s a snowball effect? One moment they owe one bill, the next thing you know they’re drowning.
I thought Generation X was doomed, but the Boomers never fail to outperform.
The newer generations are in trouble!
No, they don't care, because most people only think in short term, the YOLO style of living, without wondering about the consequences of their nations, luckily for them, they are not going to suffer as much as younger generations will do with all this debt accumulated. And guess who are the ones to pay for it, and we know that ratnksters (bankster) won't do it.
Good points. I'm hearing people all the time talking about foolishness instead of preparing, building, learning. Big mistake.
I am quite surprised at the level of baby boomer debt. Is it possible that this is second mortgages on behalf of children / their kid's educational loans etc?
It's certainly possible. But I wonder how much healthcare costs have an effect on this.
Yes of course - being from Scotland where we have the NHS I forget the horrendous costs elsewhere that have to be met by the individual.