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For this discussion, I want to focus on the current economic outlook the United States of America has. This is a pretty open-ended question, so I will give you all some food for thought that may spark your discussion post.
The Federal Reserve Bank of Atlanta released last week that the real GDP growth in the second quarter of 2022 is -2.1%.
The United States of America currently has over $30.5 trillion, with a T, of national debt.
CNBC recently did a study that showed household debt in the US is hovering close to $16 trillion, again with a T.
CNBC did a different study that showed credit card balances in the US are north of $841 billion.
There is currently $1.59 trillion of outstanding student loan debt, stop me if you have heard this before, that is with a T.
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