Trapped Under Mountain of Debt, can America get out?

USA News

The average American has a whopping $90,460 in debt, with vast differences from one generation to another. We welcome Mike Norman of MMT Trader and Prof. Victor Klaar of Florida Gulf University analyze the trap of consumer debt afflicting innumerable Americans. They also discuss the impact of the COVID-19 pandemic on saving and spending habits as well as the transfer of household debt from one generation to another.

Credit RT America

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