Sunday, February 23, 2025

US household debt hit an all-time RECORD:

US household debt jumped by $93 billion in Q4 2024 to a record $18 trillion. - Steve Kirsch
  • It has been driven by a $45 billion surge in credit card debt, hitting an all-time high of $1.2 trillion.
  • Household debt as % of disposable income is 87%.
I already emphasized enough on getting off banks as they’re under heavy manipulation by the cabals. 
The stock market and real estate market will crash before mid year, this is the best time to prepare for what lies ahead...
May be an image of money and text that says 'Trillions of Dollars Total Debt Balance and its Composition Mortgage 18 HE Revolving Auto Loan Credit Card 15 Student Loan Other 2024Q4 Total: $18.04 Trillion 2024Q3 Total: $17.9 94 Trillion US HOUSEHOLD DEBT HIT A RECORD $18.04 TRILLION 12 (3%) (9%) 9 (6%) (9%) 6 (2%) (70%) 03:01 04:Q1 05:Q1 06:Q1 07:Q1 08:Q1 09:Q1 10:Q1 11:Q1 12:01 13:Q1 14:Q1 15:Q1 16:Q1 17:Q1 18:Q1 19:Q1 20:Q1 21:Q1 22:Q1 23:Q1 24:Q1 Source: New York Fed Consumer Credit Panel/Equifax'

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