477: Three Things to Know About Debt
from The Cardone Zone
With $422 billion in credit card debt, $1.27 trillion in auto debt, and mortgage debt of $9.1 trillion, America is drowning in debt. But what's worse than debt? Dead money! Dave Ramsey won't teach you this, but America is drowning in not only debt, but dead money. From the $9.1 trillion in mortgage debt, over $5 trillion of that is stuck in equity. That's dead money, and that's the biggest problem. Here are 3 things to know about debt today:
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This episode is 50 minutes long.
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This episode was published on March 4, 2019.
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