The Atlantis Report: Millions are Going Bankrupt as Credit Crisis Reaches Critical Level

In recent years, the financial landscape in the United States has reached a critical juncture, with millions of Americans facing bankruptcy as the credit crisis intensifies. Recent reports reveal a troubling reality: American households are spending an additional thousand dollars every month for the same goods and services they purchased just three years ago. This inflationary pressure, coupled with stagnant wages for many, has compelled families to increasingly rely on credit cards to bridge the gap between their income and expenses, resulting in an unprecedented level of debt. According to a study conducted by the Federal Reserve, nearly half of…