The most interesting part is how the whole thing has been hidden in plain sight.

#ConsumerCredit reached an all time high under the #Biden/ #Harris administration in the #USA. And while they tried to mitigate that somewhat by for instance restructuring programs for #StudentLoans, the double #burden of stagnating #wages and rising #inflation has pushed many households over the edge.

Now #Trump is adding way more inflation to the mix & laying off tens of thousands of govt #workers.