
According to the debt clock, the total debt per citizen as of 11 August, 2017 is $207,924. In addition, the total debt per family using the same date as a cut-off point is $813,977 and rising. At this rate, we will soon be crossing over the $1m dollar mark for the total debt per American family.
Please read more of Dr. Mack’s article in the International Business Times – UK Edition.