The New CS Board

[jumanji0881]

It's all about the debt -

My Comment ; Sovereign debt will explode higher and consumer debt will implode into default in the next recession

As Prices Rise Americans Turning To Their Credit Cards : https://www.zerohedge.com/personal-finance/prices-rise-americans-turning-their-credit-cards

Excerpt:
Americans now owe a total of $4.48 trillion in consumer credit.

The Federal Reserve consumer debt figures include credit card debt, student loans and auto loans, but do not factor in mortgage debt. When you include mortgages, US consumers are buried under more than $15 trillion in debt.

Americans ran up their credit cards at a blistering pace in February. Revolving credit, primarily credit card debt, rose by a whopping 20.7%. American consumers added $18 billion to their credit card bills in February alone. US credit card debt now stands at over $1.06 trillion.