OUTRAGEOUS Debt Fueled Holiday Season Has Begun

26 days ago
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The 2024 holiday shopping season is shaping up to be one of the worst yet. With half of Americans still carrying holiday debt from last year, the cracks in the economy are becoming more evident. In this video, Taylor Kenny dives into the rising consumer debt, retail struggles, and the alarming trends we're seeing in credit card balances, layoffs, and insider selling. As we head into a challenging holiday season, it’s more important than ever to consider how these economic factors affect your financial future and what you can do to protect yourself.

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📖 CHAPTERS:

00:00 - Introduction: The Holiday Shopping Debacle
00:24 - Rising Holiday Debt: 46% of Americans Still Owe from Last Year
01:00 - The Impact on Retail: Target's Weak Holiday Season
02:06 - Why Consumers Are Struggling: Inflation and Budget Cuts
03:12 - Record High Credit Card Debt: $1.17 Trillion and Rising
04:16 - The Dangers of Financing Basic Living Costs
05:15 - Insider Selling: A Warning Sign from Corporate Executives
06:02 - The Layoff Crisis
07:02 - Why the Economy Isn’t as Strong as They Say
08:05 - What This Means for the Future: Protecting Your Wealth
09:05 - Conclusion: Take Action to Protect Your Wealth with Gold and Silver

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Disclaimer: The information provided in this video is for educational purposes only and should not be construed as financial advice. Gold and silver prices are influenced by many factors and may fluctuate. All assets carry some risk and past performance does not guarantee future results. The views expressed by our hosts or guests do not always reflect the views of ITM Trading nor guarantee a specific outcome. Always conduct your own research and consult a financial advisor before making any investment decisions.

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