We are drowning in debt! With so much debt in the system and with key debt to GDP ratios being pushed so high the risks created by all this worldwide debt is substantial. There is more debt in the system today than there was during the 2008 financial crisis. A new debt crisis could emerge at any time. So, we believe individuals should work towards getting out of debt and staying out of debt to decrease the risks associated with this environment. Easier said than done…but watch to learn more! #debt #loans
MyMoneyTrainers Take: Get out of debt!
To learn more about this get My Money Trainer’s Mid-Year Macroeconomic Update here: