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Trump’s America Is Facing a $13 Trillion Consumer Debt Hangover
source content cannot be posted due to copyright issues | 06 June 2017

Posted on 06/07/2017 10:51:14 PM PDT by Lorianne

Triggered by the title ... yeah me too. It's Bloomin-idiot-berg

I just wanted to add this to the massive evidence of what pieces of Shiite the media is.

See link in post below but don't bother ... they don't explain how all this debt that's been piling up for years is suddenly "Trump's America".


TOPICS: Business/Economy
KEYWORDS:

1 posted on 06/07/2017 10:51:15 PM PDT by Lorianne
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To: Lorianne

https://www.bloomberg.com/news/articles/2017-06-06/trump-s-america-is-facing-a-13-trillion-consumer-debt-hangover


2 posted on 06/07/2017 10:51:24 PM PDT by Lorianne
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To: Lorianne
Bush's Fault Obama’s Fault
3 posted on 06/07/2017 10:53:47 PM PDT by Chgogal (I will NOT submit, therefore, Jihadists hate me.)
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To: Lorianne

Australians curb spending as household debt balloons
http://uk.reuters.com/article/uk-australia-economy-analysis-idUKKBN18W2PM

OOOPS they slipped up. Forgot to put “Trump’s Australia” in the title.


4 posted on 06/07/2017 10:54:02 PM PDT by Lorianne
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To: Lorianne

This Trump’s American is not contributing. I don’t owe anyone anything. If I don’t have the cash, I don’t buy. Mortgage long gone. Used cars. No cable. No cell phone. Feels good.


5 posted on 06/07/2017 11:21:18 PM PDT by arthurus
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To: Lorianne

As if this is Trump’s fault, or it is way worse now than it was five months ago.

These folks are mental basket cases.

About all you can say is that Trump has driven them over the edge.

Lovin’ it!


6 posted on 06/07/2017 11:34:11 PM PDT by DoughtyOne (May the Covfefe be with you...)
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To: arthurus
Another Trump's American,and we have debt. But our income and cash flow easily covers the debt.

DW and I are both retired, but have mortgages(investment properties and residence) and other debt. Why should we pull money out of investments, which are making fantastic returns, to pay off 3.5% mortgages?

DJT is a businessman and he is going to bring back jobs and prosperity. In this climate, investing is prudent.

We are contributing to building up the economy through our use of debt for business purposes.

7 posted on 06/08/2017 12:26:09 AM PDT by CurlyDave
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To: Lorianne

Debt dropping, income rising, the future’s so bright I gotta wear shades.


8 posted on 06/08/2017 12:40:45 AM PDT by Jeff Chandler (Everywhere is freaks and hairies Dykes and fairies Tell me where is sanity?)
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To: Lorianne

If you understand Cloward Piven, you understand everything.


9 posted on 06/08/2017 1:08:16 AM PDT by wastoute (Government cannot redistribute wealth. Government can only redistribute poverty.)
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To: Lorianne

This is what the left does. The truth is that it takes years for policies to permeate society so that the consequences are clear. These liars helped to build the economy we have today and desperately want to block Trump from fixing it even a little. Trump is not responsible for this economy, even a “smidgen,” to use that Obama word.


10 posted on 06/08/2017 2:47:58 AM PDT by jazzlite
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To: arthurus

This Trump’s American is not contributing. I don’t owe anyone anything. If I don’t have the cash, I don’t buy. Mortgage long gone. Used cars. No cable. No cell phone. Feels good.

Same here, you describe us perfectly.


11 posted on 06/08/2017 8:47:43 AM PDT by George from New England (escaped CT in 2006, now living north of Tampa)
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