I think we have significant inflation however I think some of those stats are normal.
A large percentage of US households always have increasing debt because they are new families buying houses, cars etc.
A similar large percentage go paycheck to paycheck and have no emergency funds.
So what are they trying to scare us into this time?
Government funded pensions for all; health care for all, free college education including doctor of education programs for all, FREE! No worries! Elimination of all student loan balances etc. etc.
Right now people are trying to maintain their lifestyles with credit cards and dipping into savings. Once the cards are maxxed out and savings gone they will struggle to survive. That’s when you will see real chaos. If something doesn’t change in the next 6-12 months the cities are going to be crime central.