Economy / FinanceNorth America

U.S. Consumer Debt Up by $1 Trillion in 2021 According to the Fed, Highest Level Since 2007


American households took on $1.02 trillion in new debt in 2021, the most in 14 years, at levels not seen since before the 2008–09 financial crisis.

U.S. consumers have ramped up borrowing to acquire homes, cars, and other goods that are becoming more expensive, according to a report released on Feb. 8 by the New York Federal Reserve.

This content is for Q17c Membership, Classified Membership, and LifeTime Patriot Membership members only.
Login Join Now
QNavy is a pool of 3 former Navy Officers, U.S. Navy & French Navy, who served proudly their countries, specialized in conflict analysis as per their respective skills & experience on Special Ops. #NavyVetUnited

Feb. 9: The ‘Second Trio’ of Russian Landing Ships Entered the Sea of ​​​​Marmara

Previous article

France’s Macron Wants to ‘Save’ The World, to ‘Unfreeze’ the Armenian-Azerbaijani Negotiations

Next article

You may also like


Comments are closed.