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The New York Federal Reserve reported Tuesday that debt held by US households rose by 1.1% to $14.3 trillion during the first quarter. That's $1.6 trillion higher than the previous peak of $12.7 trillion reached in 2008.The report looked at consumer debt and credit data as of March 31. By that time, coronavirus shutdowns were already in place around much of the country.
特朗普早在一月份 中国公布疫情有人传人的时候 就应该做好防控 当时的美国政府什么也没做 导致中国疫情都控制住了 可美国疫情患者却几何倍数增长 实在是不应该
Fake economic numbers propped up by money injected from fed in past two years,, US economy has been tanking for past three years and been currency manipulators to hide it
Which was the case before Trump was elected In 2016 the Federal Reserve found that most people could not afford a $400 emergency Credit card debt is the 1 cause People need to stop trying to buy what they can't afford & living beyond their means
record debt?.... that is why the economy was booming? People borrowing and getting in over their heads.... again? SHOCKING!
It took a Virus Media to slow the Trump Train. It's ramping up again..and the Virus Media were sleeping on the tracks...splatttttt...
It's a good thing Trump and the republicans gave big tax cuts to billionaires who needed it the most instead of the lower and middle classes. They would have wasted it on stuff like food, rent, mortgages, paying down debts and setting some aside for emergencies (like now).
CNN FakeNews FakePandemic
Trump (realDonaldTrump ) is your problem USA
Pretty sure that was the master plan. Give them enough to keep them hungry for more. Chasing the American dream with a few credit cards, a mortgage, and piles of debt.
Yah sure it did.
Hey CNN, talk about that! I dare you do!
the country had a fever before the country had a fever
When regular families learn to use bankruptcy laws as well as corporations use them, the revolution will have begun.
We are already the generation that has to live with out parents because we can’t afford a place of our own. Just now many can’t even help their parents with money.
hmmmm🤔
Maybe people should live within their means and save for a rainy day.
Okay
But Trump and the GOP told me the economy was perfect and people were doing better and better
If COVID-19 wouldn't have burst the bubble, something else was bound to come along and do it anyway. That's what happens when you're in a bubble.
Fake news. Trump had the BEST ECONOMY
Thanks realDonaldTrump
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