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Most Americans Will Die Penniless
Posted Nov 23, 2021 by Martin Armstrong
It is a depressing reality, but around 73% of Americans will die with debt, according to a 2016 poll by Credit.com. The average amount of outstanding debt at the [...]
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The Psychology Behind Consumer Spending and Hedonic Adaptation
Posted Oct 18, 2021 by Martin Armstrong
Consumer debt in the US reached $14.88 trillion in 2020, according to Experian’s consumer debt study. That is a $3 trillion increase in the past decade, and [...]
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