The Consumer SPENDING COLLAPSE HAS BEGUN

Video Description

Get 20% off DeleteMe by going to https://joindeleteme.com/BORDENARO to protect your privacy 00:00 Analyzing Consumer Spending: Debt, Inflation, and Economic Realities 06:02 Check Out Delete Me 07:35 Rising Electricity Bills: Causes and Economic Impact 13:53 Check out my new clips channel and newsletter 15:22 Gold's Record High: A Safe Haven in Economic Uncertainty? The recent months have shown credit card spending actually falling flat rather than increasing even though credit card debt is still at all-time highs. This indicates that people are either tapped out or no longer have faith in spending in the 2025 economy. People are worried about losing their job and not being able to find another one as well as the ever increasing cost of living due to inflation. Subscribe to My New Clips Channel https://www.youtube.com/@MichaelBordenaroClips ======= Need a Real Estate Agent? Get one for FREE: https://homeandmoney.com/michael/ ======= Buy Gold and Silver https://sovrn.co/2t2ly3m ======= Sign Up For my Weekly Newsletter: https://subscribepage.io/MichaelBordenaro ======= My Filming and Editing Equipment https://michaelbordenaro.com/my-youtube-gear/ ====== Save Money on Property Taxes FOREVER! http://Ownwell.com/michaelbordenaro ====== Get Cash Back on ALL your Internet Purchases! https://www.rakuten.com/r/NIRVPL2?eeid=28187 ====== My Microphone (Lot of People Have Asked) https://amzn.to/3Mhs2oz Articles Mentioned in the Video https://apple.news/AEP9z1j0jT76xhLiuiF8EnQ https://apple.news/AZnPSQ70iSHe7vBsBB6R_Og https://apple.news/AmJgnkWTXRGCVzMlcLY-Dbw https://apple.news/AeESWx-yBTsK1LRCIYSavOw FTC Legal Disclaimer - Some links found in the description box of my videos may be affiliate links, meaning I will make commission on purchases you make through my link. This is at no extra cost to you to use my links/codes, it's just one more way to support the channel! :) 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.