A Ticking Time Bomb: Rising Consumer Debt And Rising Interest Rates
January 14, 2023 at 12:50 PM EST
Via SchiffGold.com, Rising consumer debts colliding with rising interest rates is a ticking time bomb. Over the last several months, consumer debt has climbed at a steep, steady pace as Americans struggle with rising prices. November was no different, with consumers piling on another $27.9 billion in debt. With the 7.1% increase in consumer debt in […] Source
