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Post by ECE Prof on Oct 10, 2022 20:16:48 GMT
The bottom 90% in the US saw their debt increase by $300 billion over the last year. The largest increase on record. So, if you lost money in the stock investments, you are not alone. You have a company with the bottom 90% in the country. Consumer Debt Hits Record for Most Americans, Except the Wealthy.It may be behind the paywall of Bloomberg. Here is an alternate source. finance.yahoo.com/news/bottom-90-us-saw-debt-143000379.html My debt load improved a bit because my wife and I are careful spenders and pay back the loan. Credit Karma wants me to payback faster. Why would I do that, when the mortgage rate is only 2.375%? This is the problem with computers and AI? The computers cannot think like a human brain. |
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Post by johnsmith on Oct 10, 2022 20:33:11 GMT
The bottom 90% in the US saw their debt increase by $300 billion over the last year. The largest increase on record. So, if you lost money in the stock investments, you are not alone. You have a company with the bottom 90% in the country. Consumer Debt Hits Record for Most Americans, Except the Wealthy.It may be behind the paywall of Bloomberg. Here is an alternate source. finance.yahoo.com/news/bottom-90-us-saw-debt-143000379.html My debt load improved a bit because my wife and I are careful spenders and pay back the loan. Credit Karma wants me to payback faster. Why would I do that, when the mortgage rate is only 2.375%? This is the problem with computers and AI? The computers cannot think like a human brain.
If you open the link in a private tab/window, you should still be able to read it, generally.
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Post by ECE Prof on Oct 10, 2022 20:49:26 GMT
The bottom 90% in the US saw their debt increase by $300 billion over the last year. The largest increase on record. So, if you lost money in the stock investments, you are not alone. You have a company with the bottom 90% in the country. Consumer Debt Hits Record for Most Americans, Except the Wealthy.It may be behind the paywall of Bloomberg. Here is an alternate source. finance.yahoo.com/news/bottom-90-us-saw-debt-143000379.html My debt load improved a bit because my wife and I are careful spenders and pay back the loan. Credit Karma wants me to payback faster. Why would I do that, when the mortgage rate is only 2.375%? This is the problem with computers and AI? The computers cannot think like a human brain.
If you open the link in a private tab/window, you should still be able to read it, generally.
Yes, it worked. Thanks. I also have an addon to FF to bypass the paywall of some news sites. |
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Post by Chahta on Oct 10, 2022 23:02:17 GMT
The bottom 90% in the US saw their debt increase by $300 billion over the last year. The largest increase on record. So, if you lost money in the stock investments, you are not alone. You have a company with the bottom 90% in the country. Consumer Debt Hits Record for Most Americans, Except the Wealthy.It may be behind the paywall of Bloomberg. Here is an alternate source. finance.yahoo.com/news/bottom-90-us-saw-debt-143000379.html My debt load improved a bit because my wife and I are careful spenders and pay back the loan. Credit Karma wants me to payback faster. Why would I do that, when the mortgage rate is only 2.375%? This is the problem with computers and AI? The computers cannot think like a human brain. What does debt increase have to do with "So, if you lost money in the stock investments? |
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Post by Mustang on Oct 11, 2022 1:09:08 GMT
A large portion of the debt increase is on credit cards. I heard today that credit card interest rate is 18%. If someone is using it to buy neccessities the they are getting "another day older and deeper in debt." www.songlyrics.com/johnny-cash/sixteen-tons-lyrics/
Kidding aside: Inflation has just started. It going to get difficult for a lot of people.
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