Deadbeat Nation: A Shocking 77 Million Americans Face Debt Collectors

Tuesday, July 29, 2014
By Paul Martin

by Tyler Durden
ZeroHedge.com
07/29/2014

We have been warning for years that as a result of the Fed’s disastrous policies, America’s middle class is being disintegrated and US adults are surviving only thanks to insurmountable debtloads. But not even we had an appreciation of how serious the problem truly was. We now know, and it is a shocker: according to new research by the Urban Institute, about 77 million Americans have a debt in collections.

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