"U.S. households now hold more debt than the entire U.S. economy produces in goods and services each year. Debt, like heroin, makes things seem a whole lot more euphoric than they really are. Unfortunately, you need an ever larger amount to keep the high going." That really doesn't sound good. We think we are having a debt hangover now, just wait.
Consumer Debt, FDIC’s Problem List, Camels, Gustavs, Vipers
Posted by StingingNettle 530 days ago (http://www.agorafinancial.com)
Who Hyped for this Story
PageHype is an alternative social bookmarking site to help get informed and to better oneself. Enjoy!
Comments