​Consumers Are Drowning In Debt As Hordes Of Businesses Fail All Over The US – Tyler Durden

Consumers Are Drowning In Debt As Hordes Of Businesses Fail All Over The US Authored by Michael Snyder via TheMostImportantNews.com, U.S. consumers have piled up the largest mountain of household debt in the history of the world.  If the federal government was not almost 36 trillion dollars in debt, the fact that U.S. households are nearly 18 trillion dollars in debt would be making a lot more headlines.  Sadly, our entire society is absolutely saturated with debt at this point.  Government debt on all levels is spiraling out of control, corporate debt has ballooned to absurd levels, and consumers have been…  — Continue at ZeroHedge News : Read More