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The majority of Americans have reached their limit. US household debt is through the roof. Bidenomics has destroyed millions of lives..

US Banks Experiencing Rising Unrecoverable Debt

https://citizenwatchreport.com/us-banks-experiencing-rising-unrecoverable-debt/#google_vignette

Excerpt below from full article above:


[Citigroup, Goldman Sachs, and Bank of America reported a combined loss of$4,139,000,000that customers simply have no means of repaying. The Federal Reserve Bank of New York warned us in May that US household debt data was signaling a major problem brewing. US household debt hit $17.69 trillion in Q1 of 2024, marking a $640 billion increase in debt on an annual basis.]
cherokeepatti · 61-69, F
Got the debts paid off and just trying to keep up with the utilities, food costs, health care items etc these days. I don’t know how people are surviving when they are buried in debt. If I don’t have the money to buy something then I wait and save up to get it. Have always been this way, I hate paying interest on anything. We did buy a home but paid it off about 20 years early when we could to save from having to pay all that interest.

 
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