The new US household debt numbers show that Americans have borrowed higher and higher amounts of money every quarter for the past five consecutive years. Collective household debt has surpassed $14 trillion for the first time. RT America’s Sayeh Tavangar reports before John Grace of founder and president of Investor’s Advantage Corp and author of “Making Finance Make Sense” joins Rick Sanchez to weigh in. He argues that “the debt level is enslaving Americans” and that “sooner or later, the music stops.”
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