🚨 Delinquency cases in the United States are sharply increasing!
They have reached their highest levels since 2017...
🚨 Total debt: $18.8 trillion
🚨 Household debt delinquency rate: 4.8%
🚨 Student loans: 16.3%
🚨 Commercial real estate: 7.47%
🚨 Office real estate: 12.34%
The youth unemployment rate for ages 16 to 24 is 10.4%, and this is just the beginning.
The Federal Reserve expects that as artificial intelligence replaces a third of jobs, unemployment could rise to 15%.
Thus, the worst part is related to student debt and commercial real estate (especially vacant office spaces).
A major crisis looms on the horizon.
Please follow up
BTC
65,840
-2.58%