[Levin]

https://www.newyorkfed.org/newsevents/ne...2/20220802

[kokee]

why china suddenly cut rate? simple, china economy is crashing much faster now!
when globally hike rate at faster speed & much steeper rate today, only china economy crashing hard today!
comie dogs here BS & lies 7/24, china export surge but debt burst, no money now, no USD to settle bond payment, they can print RMB but not USD! can exchange USD? my foot. not in china, only in HK but HKD going to unpeg, then end of china totally! already inform here long ago, those comie supporters, go ahead to sell all your asset, listen to comie liars here & convert all your money to RMB asset, LOL LOL! your choice, brainwash also your own choice, dnt blame & complain later!




中国经济全方位刹车，央行意外降息释重要信号

already said 50x here, all these know nut comie dogs & their brainless supporters here!
this rubbish comie dog everyday spam minor BS here 7/24!
china household debt is much much bigger than US!
debt scared of rate hike, US hike so fast & so steep in last few months, many more rate hike on the way, nothing to worry to settle debt with high rate!
china? my foot, cant hike yet need to cut & print more like zimbabwee now!
why global hike, they cut? china has totally no money now! economy crash like shit yet their moronic leaders still fighting there naked!
china ton of bond defaulted like everrgrande in last few months, US any problem?
all these comie liars, & waste time dogs here!

china has no more money, print also useless now as economy sinking with no order & no business at all!
foreigners, all investment, factories & fund run road before too late!
banks no money, run road. property price totally crash & no buyers! debt burst & no one paying anything!




爆煲潮！地方政府財政糟糕！中央也沒錢了

中国经济已面临崩溃局势，全国上下集体面临大裁员，韭菜心惊胆颤苟且偷生。

[Fleetdestroyer]

already said 50x here, all these know nut comie dogs & their brainless supporters here!
this rubbish comie dog everyday spam minor BS here 7/24!
china household debt is much much bigger than US!
debt scared of rate hike, US hike so fast & so steep in last few months, many more rate hike on the way, nothing to worry to settle debt with high rate!
china? my foot, cant hike yet need to cut & print more like zimbabwee now!
why global hike, they cut? china has totally no money now! economy crash like shit yet their moronic leaders still fighting there naked!
china ton of bond defaulted like everrgrande in last few months, US any problem?
all these comie liars, & waste time dogs here!

Moronic kokee your daddy laughs at you cheo kau peng hor

[Niubee]

already said 50x here, all these know nut comie dogs & their brainless supporters here!
this rubbish comie dog everyday spam minor BS here 7/24!
china household debt is much much bigger than US!
debt scared of rate hike, US hike so fast & so steep in last few months, many more rate hike on the way, nothing to worry to settle debt with high rate!
china? my foot, cant hike yet need to cut & print more like zimbabwee now!
why global hike, they cut? china has totally no money now! economy crash like shit yet their moronic leaders still fighting there naked!
china ton of bond defaulted like everrgrande in last few months, US any problem?
all these comie liars, & waste time dogs here!

How will they pay back since u know all..

[cityhantam]

Why Americans Are Drowning In Debt

  Aug 27, 2022  

On August 24, President Biden announced the cancellation of $10,000 in federal student loan debt for most borrowers. But student loan accounts for less than 10% of household debt in America, which reached $16.15 trillion during the second quarter of 2022. And debt is likely to grow even further due to soaring inflation. 43% of Americans are expected to add even more debt within the next six months. So why are so many Americans in debt today and what impact does it have on the U.S. economy?

Policy plays a vital role in keeping household debt in check. Experts say outdated procedures such as wage garnishment, in which an individual's earnings are withheld for the payment of a debt, are in dire need of a policy update. A survey found that about 7% of workers in America had their wages garnished, according to the most recent study in 2016.

The government can also play a potential role in reducing certain kinds of borrowings, such as medical debt that is currently held by roughly 23 million Americans.

Watch the video to find out more about why household debt is rising in America.