Ric Bender breaks down the alarming consumer debt crisis in 2024, exposing the harsh reality of skyrocketing delinquencies, high inflation, and economic uncertainty. Join Ric Bender for today's economic update and more.
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▶ CHAPTERS
00:00 Intro
00:35 Consumer debt crisis alert
1:52 Delinquencies skyrocket
3:09 Treasury yields rise
4:56 Pentagon fails audit
6:53 Trump administration faces terrible economy
8:15 5 things to watch for this week
9:15 We're now closer
11:06 Outro
▶ VIDEO DESCRITPTION
In this economic update, Ric explores the geopolitical risks threatening the global economy, including the Pentagon's failed audit, and the impact of rising treasury yields on personal finance.
With recession predictions looming over 2025, Ric analyzes the debt trends and their potential consequences on the economy, including a possible financial collapse. From credit card bills to consumer debt, Ric Bender provides an in-depth look at the economic collapse warning signs, comparing the Trump economy to the Biden economy.
Stay ahead of the curve with this essential economic news and insights.
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"When your money is sound, Your money is real."
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Content is for education and entertainment purposes only. Read about us page for entire disclaimer.
Recognizing the challenges investors face, such as inflation, financial system threats, geopolitical events we want to inform you all investing involves risk.
You should be aware: None of the advice or services provided by Ric Bender is regulated or reviewed as such by any federal or state regulatory agency. Neither the advice nor the services provided by Ric Bender is regulated or reviewed by the Washington Department of Finance under the Uniform Securities Act (2004).
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