It's NEVER BEEN THIS BAD...HOUSEHOLD DEBT EXPLODES

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00:00 US Household Debt Reaches $152,000: An Overview
04:44 The Diminishing Value of a College Degree in Today's Job Market
06:49 Exploring Universal Basic Income in the Age of AI
15:32 The Looming Threat of Deflation and Its Potential Impact
18:11 Analyzing the Impact of Tariffs on the Federal Deficit

The average household debt in America just exploded to $152,000 which is the highest nominal value on record. The only time it was ever worse than this was in 2008 and we all know what happened back then.

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Articles Mentioned in the Video
https://finance.yahoo.com/news/trump-bringing-much-revenue-tariffs-182932609.html?.tsrc=daily_mail&segment_id=DY_VTO_CORE_NT&ncid=crm_19907-1202927-20250812-0--A&bt_ee=%2Fa36ucaWZXcV20kcB7P%2BH5Tbhghqg0gH6SloqDI2dJSbd1hI8yUg%2FkNHseHnlF1O&bt_ts=1755037494452

https://apple.news/AYTkW9iEvRjanZswROmkvRg

https://apple.news/AfS5_OUOCQlSffABwQwYymQ

https://apple.news/AkZY4p6-mRT24XcyZkJDmRw

https://apple.news/AKD-STiTmTAqpC-wOQqFqQw

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DISCLAIMER: This video content is intended only for informational, educational, and entertainment purposes. Michael Bordenaro is not a registered financial advisor. Your use of Michael Bordenaro’s YouTube channel and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, YouTube, E-Mail, and Instagram) for communications with Michael Bordenaro does not establish a formal business relationship.