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American’s Trapped by the Insidious Web of Debt by the Poisonous … – The Market Oracle
The Market Oracle American’s Trapped by the Insidious Web of Debt by the Poisonous … The Market Oracle, UK The problem is the emphasis on consumption financed by debt — which leads to the national bankruptcy we’re facing. It’s much healthier to have an emphasis on production, financed by savings.” Household credit market debt currently stands at $13.8 …
Source: American’s Trapped by the Insidious Web of Debt by the Poisonous … – The Market Oracle