US lost over 240,000 jobs in July
The US has used its consumer purchasing power through credit to prop up its economy.
That means accumulating more debt per household, for a total of over $1 trillion. But will American households be able to make their monthly credit card payments? Or will they use their credit to pay them off? This is while US is shedding jobs, and inflation continues an upward trend, in part due to the unprovoked aggression targeting Iran.
Trump economics after 18 months
US consumers have an affordability crisis
US economy was shaky before war on Iran; now it’s in real trouble
Young weightlifter dedicates haul of gold medals to martyred Iranian soldiers
VIDEO | Suicide attempts among US sailors result of poor military leadership: Activist
Iran urges accountability over environmental damage in Hormuz Strait amid US aggression
Senators demand investigation into 'alarming' conditions aboard USS Abraham Lincoln
Over 300 Israeli reservists petition army chief to stop settler attacks
‘Hypocrisy’: Iran slams France for preaching about rights while supporting Israel
VIDEO | Firefighters battle wildfires across Spain
VIDEO | Trump's Hormuz claims desperate attempt to control market prices: Analyst
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