How the U.S. is stalling a recession #Shorts

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That's because people are spending money they don't have, CC and Auto loan debt at all time highs. They need their $50k Jeep and $15k worth of vlogtastic vacations every year. Murica!

ghostingwhileblack
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Those $1000 car payments are keeping us afloat

branflakee
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“This time really is different” My brain: 🚨🚨🚨

slmille
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"The strength of the US consumer" = The ability of the US consumer to borrow debt

OllieBrux
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Greedflation is forcing overspending on essentials. Fewer homes being built and sold, fewer new cars sold, pinching pennies at the grocery store but the total spent is about the same.

yesimemoin
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Because by the time the antiquated metrics to meet all govt standards to make it an “official recession” we’ve already been in one for about a year.

davidsamuelson
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We are in a recession, we just need to wait 4/6 more months for economists to call it.

lizardkid
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Prices are high and salaries are low. Aka recession.

adiposerex
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A recession is when your neighbor loses his job, a depression is when YOU lose your job.

jeezyweezyskeezy
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People have to stop living on credit cards at some point

Dieselpwr
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This is misleading and leaves out important details

curtisw
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It's all floating on debt--not sustainable forever...

FBC_USA
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Everybody is scamming that why most consumers are still over paying for these overpriced goods

DondrellTv
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America is great at spending money they don’t have. Charge it!

leveraged
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Well because China bailed us out twice during 2008-2015. Saved everyone time of watching this video.

turbokid
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Its a debt crisis that is brewing, once people start defaulting on their loans, things could get real ugly

heezy
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We’re spending more because everything costs more! Loook at M2, home prices, loans and leases all down!

kasRose
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Consumer debt is also growing faster than any time in history because they are forced to borrow in order to make ends meet. This will end very badly for most people!

chrisg
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We just increased the money supply by 13% no recession just more inflation, we can keep doing this, one wheelbarrow = one loaf 🍞

nikitachirich
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The moment America's wake up and stop getting into bed with these loan companies they will be rich faster.

Rashaadthegr