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Tim Campbell for November 18, 2019

28 Comments

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    brwydave Premium Member 2 months ago

    It shows you that we paid attention in personal finance class. Love that revolving credit.

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    stick&rudder  2 months ago

    14 Trillion is only what the government admits. 30 is what is being discussed by the rest..

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    gammaguy  2 months ago

    Americans can tell him?

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    Baslim the Beggar Premium Member 2 months ago

    Umm, folks, it says personal debt not national debt

    That’s the $14 Trillion vs more than $22 Trillion.

    Low wages are not going to help the first debt, but higher incomes can help pay off the first, and the second

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    Rad-ish, see No Ambiguity on Sherpa Premium Member 2 months ago

    Its all an illusion and it can crash at any time.

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  6. Frank
    Frankfreak  2 months ago

    This is without context, personal debt against how much income and real property?

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    silego  2 months ago

    So the American economy is being kept afloat with wealth that doesn’t really exist? That’s quite the house of cards that could collapse if the interest rates went back up, or banks started collapsing.

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    ed27  2 months ago

    How much of that debt is down to the health insurance scam?

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    braindead Premium Member 2 months ago

    Excellent question, ed27! Also, how much is due to student debt?

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  10. Mooseguy
    moosemin  2 months ago

    After World War I, the US overtook Britain as the leading lender nation. What happened?

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