Credit card debt in the U.S. has increased over 24,000% since 1970 as most consumers continue to dig themselves further into debt to enable holiday shopping, vacations, expensive dining, and other wants. U.S. consumers pay over $100 billion yearly in credit card interest and bank fees. The so-called economic boom is entering the late innings as consumer spending is beginning to drop in as holiday shopping kicks into full gear. Articles and news links that were discussed or utilized for this video: https://bullboom.blogspot.com/2019/11/economy-enters-critical-point-consumers.html Follow BBBB on Twitter: https://twitter.com/boom_bull ✅ Pledge a monthly tip: https://www.patreon.com/jjallen ☕ Buy me a cup of coffee: https://www.paypal.me/bullboombearbust BBBB HomePage (for news links): https://bullboom.blogspot.com/ BBBB on Facebook: https://www.facebook.com/bullboom.bearbust Also, please help our channel grow by clicking like, commenting, sharing our videos and subscribing to our channel. We cover a wide array of economic topics including: real estate news, home price trends, housing bubble, economic indicators, stock market trends, investing, predicting recessions, unemployment data, retail stores closing, retail apocalypse, auto sales, college loan debt, economic indicators, boom/bust cycles, home sales, interest rates, mortgage lending, mortgage rates, money management, saving money, job market, job losses, layoffs, store closures, bankruptcies, business cycle, retirement, 401k, and so much more. Thank you to all viewers and subscribers. I apologize that I do not typically have time to answer questions that are posted in comments. Also, I cannot offer specific investment advice due to the complicated and detailed nature of everyone's personal, unique financial and life situations. Although I usually include sources, charts, data, and links to the subject matter in my videos, the views expressed in my videos are often "one man's opinion" and should not be taken as financial advice, in any way. I urge you to seek professional counsel and for everyone to do their own due diligence prior to making any significant decisions regarding financial and investment matters. ... https://www.youtube.com/watch?v=Z9Hvwj7C6WE

Links to news articles discussed in this video report here: https://bullboom.blogspot.com/2019/10/the-housing-bubble-that-never-goes-bust.html Follow BBBB on Twitter: https://twitter.com/boom_bull ✅ Keep this channel alive, pledge a monthly tip: https://www.patreon.com/jjallen ☕ Buy me a cup of coffee: https://www.paypal.me/bullboombearbust BBBB HomePage (for news links): https://bullboom.blogspot.com/ BBBB on Facebook: https://www.facebook.com/bullboom.bearbust Also, please help our channel grow by clicking like, commenting, sharing our videos and subscribing to our channel. We cover a wide array of economic topics including: real estate news, home price trends, housing bubble, economic indicators, stock market trends, investing, predicting recessions, unemployment data, retail stores closing, retail apocalypse, auto sales, college loan debt, economic indicators, boom/bust cycles, home sales, interest rates, mortgage lending, mortgage rates, money management, saving money, job market, job losses, layoffs, store closures, bankruptcies, business cycle, retirement, 401k, and so much more. Thank you to all viewers and subscribers. I apologize that I do not typically have time to answer questions that are posted in comments. Also, I cannot offer specific investment advice due to the complicated and detailed nature of everyone's personal, unique financial and life situations. Although I usually include sources, charts, data, and links to the subject matter in my videos, the views expressed in my videos are often "one man's opinion" and should not be taken as financial advice, in any way. I urge you to seek professional counsel and for everyone to do their own due diligence prior to making any significant decisions regarding financial and investment matters. ... https://www.youtube.com/watch?v=lnUko2IPlCg