Crash??
Considering the $1 trillion in credit card debt, inflation and the spike in interest rates, and the restart of student loan payments, there are serious reasons to be concerned about the financial health of the US consumer.
These concerns are getting louder and louder. So much so, it’s almost impossible to avoid the doom and gloom by the crash bros.
But, let’s get some perspective. The reality is US consumers have plenty of firepower. And here's why.