Latest / Wall Street Truthbombs Podcast
AMERICA CONSUMERS Are ONE EXTRA BILL Away From DISASTER...
America’s consumer economy may look “strong” on the surface… but the data underneath tells a completely different story.Credit card delinquency rates just fell to their lowest level in years, and Wall Street is celebrating it as proof the consumer is resilient. But what if falling delinquencies are actually a WARNING sign instead?In today’s Wall Street Truthbombs, Mark Malek breaks down:Why record credit card debt mattersThe dangerous collapse in the personal savings rateHow 21% credit card APRs are crushing householdsWhy gas prices and inflation shocks are creating a delayed credit eventThe…
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