Nearly 25% of Americans Go Into DEBT To Pay Rent, Utilities, and Food

in dtube •  6 years ago 


You know the economy is bad when a quarter of people have to go into debt just to pay for basic needs. Not iPhones and iPods. We’re talking about food and rent. But if you look at certain individuals or publications they’ll tell you everything is great. Certainly you can choose what to believe but there are facts you should never deny. Are you ready?

Nearly 25% of Americans are going into debt to pay for necessities
https://www.cnbc.com/2019/05/23/nearly-25-percent-of-americans-are-going-into-debt-trying-to-pay-for-necessities.html
Young homebuyers scramble as prices rise faster than incomes
https://www.apnews.com/4dba15376df3463c99c7a03bcb28276e/gallery/media:da8b6dcf486b4705a419cdb91dbdb056
Three Charts Show Struggle Is Real for Millennial Home Buyers - BNN Bloomberg
https://www.bnnbloomberg.ca/three-charts-show-struggle-is-real-for-millennial-home-buyers-1.1260925
JP Morgan slashes second-quarter GDP forecast to just 1%
https://www.cnbc.com/2019/05/24/jp-morgan-slashes-second-quarter-gdp-forecast-to-just-1percent.html
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China’s biggest chip maker, SMIC, to withdraw from New York Stock Exchange as trade spat with US spills over to technology sector | South China Morning Post
https://www.scmp.com/business/article/3011737/chinas-biggest-chip-maker-smic-withdraw-new-york-stock-exchange-trade-spat
China’s bank regulators take over Baoshang Bank, moving a step closer to breaking up financier Xiao Jianhua’s business empire | South China Morning Post
https://www.scmp.com/business/china-business/article/3011743/chinas-bank-regulators-take-over-baoshang-bank-moving-step
Deutsche Post DHL Group | May 16, 2019: DHL launches its first regular fully-automated and intelligent urban drone delivery service
https://www.dpdhl.com/en/media-relations/press-releases/2019/dhl-launches-its-first-regular-fully-automated-and-intelligent-urban-drone-delivery-service.html
Ford’s Way to Finish Driverless Deliveries: Package-Carrying Robots - BNN Bloomberg
https://www.bnnbloomberg.ca/ford-s-way-to-finish-driverless-deliveries-package-carrying-robots-1.1262335


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There was 1 time 20 years ago, i used a credit card to buy groceries because i did not have the cash in the bank to for it. I feel it was the lowest point in my life. I do not want to face that situation again in my life.

i just left the states oct last year it'was getting bad can't afford to live there .. it's sad i live better here in the Philippines

I left the United States in 2009, married my Filipina wife ( @emafe / @emaferice ) in 2010 and we now live in Davao City with our son @zaclucasrice.

I haven't been back since and actually think the U.S. Government is on it's way toward a dictatorship and will fall under it's own weight like the Soviet Union did.

P.S. If your husband has a Steem account I will follow him 👍

yes we yes this and we are on youtube Filipina blu family if you can subscribe there to .. thank you

yes we do and we are on you tube filipina blu family