Due to record-high levels of debt accumulation across sectors, rising interest rates, and inflation, the current economic situation is under threat of becoming unsustainable.

Record-High Household Debt: The fact that household debt in the U.S. has reached $17.1 trillion is alarming. High levels of household debt can strain individuals and families, making it difficult for them to manage their finances and save for the …

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“Disinflation” Honeymoon is over! Wholesale inflation posts largest increase in 14 months as producer price index jumped .7% (economists predicted .4%) in August. The PPI report captures what companies pay for supplies, with these costs usually passed down to consumers. PPI + yesterday’s CPI = Inflation GROWING!

by Dismal-Jellyfish https://www.bls.gov/news.release/pdf/ppi.pdf https://data.bls.gov/timeseries/WPSFD4&output_view=pct_1mth The Acceleration of Inflation in the Second Half Has Begun, “Disinflation” Honeymoon Terminated The Consumer Price Index (CPI) jumped by 0.63% in August from July, the biggest month-to-month increase since June 2022. Annualized, this amounts to a …

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Most people are broke and they can’t borrow… US household debt reached a record $17.1 trillion despite of rising credit rejections, driven by a desire to combat inflation.

Despite credit rejections rising, debt levels are skyrocketing. Total US household debt just hit a record $17.1 trillion and is expected to rise again this quarter. People are using debt to "fight" inflation. Follow us @KobeissiLetter for real time analysis …

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Inflation is scary…

by computery_stuff OK, if anyone is bored as fuck this weekend and wants to read a 100-page essay, rejoice! I’ve documented everything I’ve ever thought about Vayne players being total fucking assholes, in a large and thoroughly referenced Word document. …

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