Consumer Cracks Emerge in Debt Markets

The video discusses the growing financial struggles of American consumers, highlighting rising delinquencies in auto loans and credit cards. It questions the sustainability of consumer spending in the U.S. economy and points to a two-tier economy where lower-income Americans face increasing debt burdens, while higher-income individuals remain comfortable. The analysis suggests that averages may not fully capture the economic stress experienced by many consumers.

What are some signs indicating that American consumers are struggling financially?

How have auto loan delinquencies changed since 2011, and what does this indicate?

What does the increase in credit card delinquencies suggest about consumer behavior?

What is meant by a 'two-tier economy' as mentioned in the text?

In what ways might the averages of consumer financial health be misleading?