Is The U.S. Debt Bomb About to EXPLODE?

The American economy now has a new slogan: Buy now. Pay later. The idea is spend now. Borrow now. Pretend everything is fine now. And let somebody else deal with the bill later. More and more Americans are not buying luxury items with credit cards, they're buying gas and food for their family. And many of them are using these buy it now pay later services to survive.