Why the Debt Problem is Only The Beginning | 10x Worse Coming

Our exploration begins with the impending end of the student loan pause, which could have significant consequences for the economy. We discuss the potential effects on individuals, the financial market, and the overall economy. Next, we turn to the challenges facing dollar stores, giving us unique insights into current economic conditions. While these stores are traditionally resilient to economic downturns, they have recently encountered stumbles, giving us much to consider. We also share some intriguing images and charts, offering visual insights into the current economic dynamics. From the status of revolving credit to the hike in credit card interest rates, we provide a nuanced perspective on the financial situation. The video further highlights the surging financial hardship experienced by many workers due to the escalating cost-of-living crisis. We examine how this squeeze impacts not only the economy at large but the daily lives of individuals. With inflation remaining unchanged at 8.7%, we explore the possibility of the Bank of England hiking interest rates and the implications it may have on both domestic and global economies.

#studentloans #inflation #financialhardship #interestrates #costoflivingcrisis #foodinflation

TOPICS AND TIMESTAMPS:
Debt Catastrophe 0:00
European Inflation 8:26

—————————————————————————————————

💵 HOW TO MAKE MONEY ON AMAZON: 💵
👉 http://TheAmazonGPS.com 👈

—————————————————————————————————

LOOK THROUGH MY BOOKS! http://books.themoneygps.com
MY FAVORITE BOOKS: https://youtu.be/Y_mwbfp1ULU

SUPPORT MY WORK: https://www.patreon.com/themoneygps
PAYPAL: https://goo.gl/L6VQg9

—————————————————————————————————

Join the Discord Community:
https://discord.gg/ctEbUPa5

—————————————————————————————————

Sources Used in This Video:
http://bit.ly/TheMoneyGPSSources2023

—————————————————————————————————
#money #inflation #investing