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An American worker walking to work, representing the wage labor and debt dependency behind the modern American Dream
Analysis
The Land of the Free, On Installment: How the American Dream Became a Debt Trap
Total U.S. household debt hit a record $18.388 trillion. For most Americans the Dream now works less as a ladder than a leash: wages unhooked from productivity since 1979, essentials filled with credit, and 22% interest that outlives good intentions. A data-driven analysis.
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