America is Drowning in Debt

Americans are drowning in personal debt. Forget the national debt, the real story is the amount of money that Americans owe to banks via credit cards, mortgages, auto loans, and other personal credit. All of this debt adds up to 16.71 trillion dollars. So why are we drowning in debt? There are all sorts of reasons. Falling and stagnant wages being chiefest among them. But also the current inflation isn’t helping matters at all. In this video, we learn more about America’s addiction to consumption and debt and how we can get out of debt once and for all.