Record Revolving Debt up 20% over 2021

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  thechatch Member Posts: 5,663

  

  July 2022 edited July 2022

  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

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  MikeDamone Member, Swaye's Wigwam Posts: 37,781

  

  

  July 2022

  God damn ultra MAGAs blocking Biden’s great plans.

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  RoadTrip Member, Swaye's Wigwam Posts: 7,348

  

  

  July 2022

  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.

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  jecornel Member Posts: 9,643

  

  

  July 2022

  Do we face an economic reckoning?
  
  https://youtu.be/65z2cG0QDRo

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