Record Revolving Debt up 20% over 2021

thechatch

1.1T now in the US.

A 20% pop in 1 fucking year.

Complete and total disaster is about 18-24 months away. The coming recession will be massive.

Putin’s fault, I’m told

thechatch

https://www.cnbc.com/amp/2022/06/09/credit-card-balances-spike-after-stimulus-checks-helped-reduce-debt.html

"A big drop and then a big rise"

"We got our new record — it took just 11 months for revolving debt to bottom out and then 15 months from there to climb back to a new high," said Ted Rossman, a senior industry analyst at CreditCards.com.


lol

MikeDamone

God damn ultra MAGAs blocking Biden’s great plans.

RoadTrip

thechatch said:

1.1T now in the US.

A 20% pop in 1 fucking year.

Complete and total disaster is about 18-24 months away. The coming recession will be massive.

Putin’s fault, I’m told

But Brandon says under his presidency Americans are saving at record levels. You fucking cunt libtards are destroying my country. I wish there was a way we could settle it on field.

jecornel

Do we face an economic reckoning?

https://youtu.be/65z2cG0QDRo