The US economy is not doing well.
At the end of 2025, US households ran up more debt than they had ever before — about $19 trillion in the fourth quarter alone. This includes a miscellany of credit card debt, mortgage, student loans, auto loans, and lines of credit.
To put that number in perspective, that’s up roughly $191 billion from Q3.
The US illegal war against Iran, and specifically the US naval blockade of the Strait of Hormuz, is affecting the US and American consumers.
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