US Household Debt Skyrockets to Dangerous Levels
In this 15 August 2025 video, host Michael Bordenaro talks about how the average household debt in America just exploded to $152,000 which is the highest nominal value on record. The only time it was ever worse than this was in 2008 and we all know what happened back then.
https://youtu.be/PTvxOxrNve4
00:00 US Household Debt Reaches $152,000: An Overview
04:44 The Diminishing Value of a College Degree in Today’s Job Market
06:49 Exploring Universal Basic Income in the Age of AI
15:32 The Looming Threat of Deflation and Its Potential Impact
18:11 Analyzing the Impact of Tariffs on the Federal Deficit
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