Monday, 8 August 2016
As the character 'Flounder' enthusiastically exclaimed in the film "Animal House"
"Gee, this is great!"
Americans have reached new, record, high numbers for:
- Car loans - $1.1 trillion of debt
- Student loans - $1.4 trillion of debt
Access to credit is NOT access to wealth, it is access to debt.
- DEBT is SLAVERY
This is NOT good news for ANY economy,
From Theo Spark at 08:43