Before the Collapse: Why We Must Rein in Unsecured Debt — Now

1 hour ago 3

Rommie Analytics

🇺🇸 Before the Collapse: Why We Must Rein in Unsecured Debt — NowBy The HermitThere’s a quiet crisis unfolding beneath the surface of the U.S. economy: over a trillion dollars in credit card debt, the majority of it unsecured, with no collateral, no real oversight, and no meaningful limits. It’s not just a number — it’s a ticking time bomb.It may not look like 1929 — but in structure, in risk, and in who will bear the fallout, it feels dangerously familiar.📉 We've Seen This Movie BeforeIn the 1920s, Americans were allowed to buy stocks on margin — putting down...
Read Entire Article