Here Are 11 Statistics That Show How U.S. Consumers Are Faring In This Rapidly Deteriorating Economy

#10 Thanks to plunging stock prices, approximately 20 trillion dollars in household net worth has been “wiped out” so far this year.

In 2008, the U.S. national debt crossed the 10 trillion dollar threshold.

In 2022, the U.S. national debt has crossed the 30 trillion dollar threshold.

Here Are 11 Statistics That Show How U.S. Consumers Are Faring In This Rapidly Deteriorating Economy

Those people who continued to charge their credit cards while not paying them off and watching the balance rapidly balloon upwards know what is ahead for the US.