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Charlie McHenry<p>For those following the US <a href="https://connectop.us/tags/economy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>economy</span></a> this is a disturbing chart. <a href="https://connectop.us/tags/Debt" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Debt</span></a> is weighing us down, all of us. individual debt and national debt. This, at a time when the <a href="https://connectop.us/tags/TrumpAdministration" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>TrumpAdministration</span></a> is set on a massive tax cut for the rich and at the same time making life difficult for student loan holders as well as the rest of his that rely on our credit cards. Defaults, especially auto loans, are going up as is overall debt. Looks to me like we’re in trouble. What do you think? <a href="https://connectop.us/tags/economics" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>economics</span></a> <a href="https://connectop.us/tags/finance" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>finance</span></a> <a href="https://connectop.us/tags/CreditCardDebt" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>CreditCardDebt</span></a> <a href="https://connectop.us/tags/AutoLoans" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>AutoLoans</span></a> <a href="https://connectop.us/tags/RepublicansDidThis" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>RepublicansDidThis</span></a></p>
Nonilex<p>And if the US has to pay more in interest to borrow cash to pay its bills, that could filter out &amp; cause interest rates to rise for US <a href="https://masto.ai/tags/households" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>households</span></a> &amp; <a href="https://masto.ai/tags/businesses" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>businesses</span></a> too, everything from <a href="https://masto.ai/tags/mortgage" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>mortgage</span></a> rates to <a href="https://masto.ai/tags/AutoLoans" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>AutoLoans</span></a> rates to <a href="https://masto.ai/tags/CreditCards" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>CreditCards</span></a>. That could slow the <a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>economy</span></a>.</p><p>…the <a href="https://masto.ai/tags/credit" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>credit</span></a> downgrade does comes ahead of a key period for Washington, where it’s set to debate potential cuts in <a href="https://masto.ai/tags/taxes" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>taxes</span></a> for corporations &amp; the wealthy that could suck away more revenue, as well as the nation’s <a href="https://masto.ai/tags/DebtCeiling" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>DebtCeiling</span></a>.</p><p><a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Trump</span></a></p>
BerlinFokus<p>oh shit .. 05:15 in the morning</p><p>just spend a night researching <a href="https://berlin.social/tags/US" class="mention hashtag" rel="tag">#<span>US</span></a> <a href="https://berlin.social/tags/consumer" class="mention hashtag" rel="tag">#<span>consumer</span></a> houshold <a href="https://berlin.social/tags/debt" class="mention hashtag" rel="tag">#<span>debt</span></a>, without noticing</p><p>at least you can profit of my stupidity because I&#39;m telling now that the world is clearly headed into a 2008 style global <a href="https://berlin.social/tags/EconomicCrisis" class="mention hashtag" rel="tag">#<span>EconomicCrisis</span></a></p><p>epicenter will again be the <a href="https://berlin.social/tags/USA" class="mention hashtag" rel="tag">#<span>USA</span></a></p><p>this time it isn&#39;t going to be just a <a href="https://berlin.social/tags/mortage" class="mention hashtag" rel="tag">#<span>mortage</span></a> default crisis but a everything default (<a href="https://berlin.social/tags/AutoLoans" class="mention hashtag" rel="tag">#<span>AutoLoans</span></a>, <a href="https://berlin.social/tags/CreditCard" class="mention hashtag" rel="tag">#<span>CreditCard</span></a>, <a href="https://berlin.social/tags/StudentDebt" class="mention hashtag" rel="tag">#<span>StudentDebt</span></a>, ..)</p><p>and the trigger is <a href="https://berlin.social/tags/tariffs" class="mention hashtag" rel="tag">#<span>tariffs</span></a> &amp; <a href="https://berlin.social/tags/doge" class="mention hashtag" rel="tag">#<span>doge</span></a> adding to an already financially hurting nation</p>
Global News<p>Prices are starting to fall at car dealerships. Is it time to buy?<br>Sticker prices at dealerships have started to come down and affordability is improving, experts say. But some are still advising buyers to pause.<br><a href="https://mastodon.hongkongers.net/tags/globalnews" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>globalnews</span></a> <a href="https://mastodon.hongkongers.net/tags/Canada" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Canada</span></a> <a href="https://mastodon.hongkongers.net/tags/Consumer" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Consumer</span></a> <a href="https://mastodon.hongkongers.net/tags/Money" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Money</span></a> <a href="https://mastodon.hongkongers.net/tags/autoloans" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>autoloans</span></a> <br><a href="https://globalnews.ca/news/10610045/car-dealership-prices-when-to-buy/" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">globalnews.ca/news/10610045/ca</span><span class="invisible">r-dealership-prices-when-to-buy/</span></a></p>