The Secret Recession: Why Even Wealthy Americans Are Drowning in Debt - Watchdog on Wall Street with Chris Markowski

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In this episode of Watchdog on Wall Street, we break down the troubling rise in delinquencies—not among the poor, but among high-income Americans. When people making $150,000+ can’t pay their bills, you know the cracks are deep.
Here’s what you’ll hear:

• Why upper-income earners are defaulting on credit cards and auto loans
• What the Fed can’t fix, no matter how much it cuts rates
• The myth of “high” interest rates—and the real driver of economic pain
• How broken inflation math hides what’s really happening to your wallet
• Why GDP growth means nothing if your life still feels like a recession

Forget the headlines. This economy is weaker than Washington wants to admit.