Our House of Cards is about to come crumbling down?

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In a recent report, Financial Advisor John Williams discussed the potential impact of a proposed multi-trillion dollar stimulus package on the US economy. Here’s what he said.

Williams began by sharing the concerning trend of Americans accumulating significant credit card debt, which has reached an all-time high exceeding a trillion dollars.

The proposed stimulus package includes various measures to provide relief to struggling Americans. Among these are $1,400 direct payments to millions of individuals and significant aid earmarked for small businesses, including over $28 billion allocated specifically for restaurant owners.

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