US Banks Experiencing Rising Unrecoverable Debt
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US Banks Experiencing Rising Unrecoverable Debt

by Martin Armstrong, Armstrong Economics: I’ve long been sounding the alarm on the private debt crisis sweeping the Build Back Better nations. US government debt equaled 122.3% of the nation’s GDP in 2023, a cost that will be passed on to the taxpayers. As of Q1 2024, US household debt stood at $1.77 trillion; $12.44 […]