Americans are going into debt to buy groceries. Here's why those balances can be difficult to pay down
Americans are going into debt to buy groceries. Here's why those balances can be difficult to pay down
Americans have been grappling with higher food costs since 2021. To get relief, some are turning to credit cards, buy now, pay later programs or payday loans.
The stock market is doing GREAT!
And GDP is rising.
If you want a picture of hell, here in Argentina it has become common to offer 12 month paying schemes for hair cuts.
12-month* payment schemes
Yes they must have it tough living in one of the richest countries in the world.
Just because it's the richest country on the planet doesn't mean the wealth is spread evenly.
The US is the 9th richest nation in the world.
https://gfmag.com/data/worlds-richest-and-poorest-countries/
If you have access to nationalized healthcare you have it better than the vast majority of Americans.