this post was submitted on 17 Jul 2025
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I know that as of 2024, its about 10 to 15% of Americans with a negative net worth.
More debt than savings/investments.
So... thats your floor for literal debt slaves.
But uh, hah hah HAH,... the housing market is now crashing.
And the vast majority of Americans have a their house as their largest... investment/debt liability.
So... yeah. Probably gonna be heading closer to 50%.
Oh right, and then also every one behind on their student loans is now getting sent to collections, grace period over...
Yeah its all fucked, so fucked I don't even think anyone has a holistic view of all the precise data, at this point.