Description

Debt is a significant issue for Americans. The COVID pandemic has worsened the problem, causing many to face insolvency or foreclosure. Many Americans struggle to cover the cost of living expenses, hindering their ability to save, invest and build wealth. Is there any hope for the first quarter of 2023? Let’s hear from our experts!

In this episode, Kyle and J Scott discuss the current economic situation in America, focusing on the challenges faced by many Americans as they struggle with debt. They go into detail on the current consumer debt crisis picture and how to keep up with the rising cost of living expenses. 

In this episode, you’ll learn about:

• Comparing the Genuine Progress Indicator and Consumer Price Index
• Increased Reliance on Credit Cards during Economic Crisis
• Current Energy and Gas Prices Update
• Statements made by Federal Reserve officials regarding inflation
• Impact of Lumber Prices on the Homebuilding Industry
• Consumer Debt Overview: Credit Cards and beyond.

For more information or resources about this episode, please visit https://www.bardowninvestments.com/ 

Watch + Subscribe on YouTube: https://www.youtube.com/@bardowninvestments 

Resources

• J Scott on Linkedin
• J Scott’s website
• J Scott on Facebook