Stock Power Daily — Inflation Soars, Rates Rise, American Debt Skyrockets: Stock to Benefit

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Inflation Soars, Rates Rise, American Debt Skyrockets: Stock to Benefit

  • American household debt topped $14.6 trillion in the spring of 2021.

  • According to the Federal Reserve, 80% of Americans are in debt.

  • Today’s Power Stock works with companies and individuals in debt and rates a 98 on our proprietary Stock Power Rating system.

Eight out of 10 adults in the U.S. are in debt.

The average debt, not including mortgages, was $38,000 in 2021.

Americans used an average of 10% of our disposable income to pay off debt from 2012 to 2020.

That dropped to 8% in the first quarter of 2021.

Now the downward trend is reversing.

By the end of 2021, Americans used 9.34% of our disposable income to pay debt … and I think that will grow in 2022 with soaring inflation and rising interest rates.

One debt management stock will benefit from this storm…

Click here or on the image below to find out more!

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