The 2026 debt trap makes the 2007 housing crash look like a warm-up.
U.S. household debt just smashed an all-time record of $18,8T dollars this week… Consumer sentiment in May 2026 dropped to 49.8, which is lower than the 2008 panic levels… Oil prices have spiked to 120 dollars per barrel after the Strait of Hormuz closure… Over 10% of student loan balances are officially past due as …