Thursday's brutal market selloff wasn't just another correction—it exposed something way more sinister lurking beneath the surface. We're talking about $1.2 trillion in consumer debt that's been conveniently swept under the rug.
Here's what most analysts missed: this massive debt pile isn't showing up in traditional metrics. Credit card balances? Mortgage defaults? Those are just the tip of the iceberg. The real danger zone is in shadow lending—BNPL services, crypto-backed loans, peer-to-peer platforms that operate outside conventional banking radar.
Think about it. When interest rates stayed