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'Running off the cliff': An explosion of household debt has put the US economy in a tough spot

Americans are borrowing more and saving less. That's created a major vulnerability in the US economy...

BUSINESS NEWS June 21, 2026

'Running off the cliff': An explosion of household debt has put the US economy in a tough spot

Americans are borrowing more and saving less. That's created a major vulnerability in the US economy, SocGen is warning.

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Americans are borrowing more and saving less. That's created a major vulnerability in the US economy, SocGen is warning.

Author: Business Insider

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