Sunday , September 26 2021
Home / Video / American Debt Slaves in the Weirdest Economy Ever

American Debt Slaves in the Weirdest Economy Ever

Summary:
During the Financial Crisis, consumers deleveraged by walking away from their debts. And now, with 20 million people still claiming unemployment insurance? The opposite is happening.

Topics:
Wolf Richter considers the following as important:

This could be interesting, too:

Tyler Durden writes Rare Solar Superstorm Could Prompt ‘Internet Apocalypse’ Lasting Several Months: Study

Tyler Durden writes Iran Demands IAEA Closely Monitor Nuclear Fuel For Australia Submarines In Wake Of AUKUS Deal

Tyler Durden writes Democrats In Congress Try To Abolish Space Force

Tyler Durden writes Hedge Fund Net Leverage At All Time Highs As No Dips Are Sold

During the Financial Crisis, consumers deleveraged by walking away from their debts. And now, with 20 million people still claiming unemployment insurance? The opposite is happening.
Wolf Richter
Founder, Wolf Street Corp. In his cynical, tongue-in-cheek manner, he muses on WOLF STREET about economic, business, and financial issues, Wall Street shenanigans, complex entanglements, and other things, debacles, and opportunities that catch his eye in the US, Europe, Japan, and occasionally China.

Leave a Reply

Your email address will not be published. Required fields are marked *