US Economy: might look good based on Wall Street figures, but certainly not good for "Joe Bloke" and the "Have Not"s

US economy might look good, but reports show collectively, Americans have more than $1 trillion in credit-card debt, according to the Federal Reserve.

They have another $1.5 trillion in student loans, up from $1.1 trillion in 2013. Motor vehicle loans are now topping $1.1 trillion, up from $878.5 billion in 2013. And they have another nearly $15 trillion in mortgage debt outstanding.

EU-Digest