☆ Yσɠƚԋσʂ ☆ to news@hexbear.netEnglish · 6 months agoAmericans have depleted their excess savings and are now depleting their credit lines as well. The percentage with delinquent credit card debt is approaching the peak at the end of the dotcom bubble.www.telegraph.co.ukexternal-linkmessage-square69fedilinkarrow-up1171arrow-down10cross-posted to: us_news@lemmygrad.mlusa
arrow-up1171arrow-down1external-linkAmericans have depleted their excess savings and are now depleting their credit lines as well. The percentage with delinquent credit card debt is approaching the peak at the end of the dotcom bubble.www.telegraph.co.uk☆ Yσɠƚԋσʂ ☆ to news@hexbear.netEnglish · 6 months agomessage-square69fedilinkcross-posted to: us_news@lemmygrad.mlusa
minus-square☆ Yσɠƚԋσʂ ☆OPlinkfedilinkEnglisharrow-up20·6 months agoSeems like they made an art of kicking the can down the road. Hard to say how long they can keep this going, but the longer it goes the harder the crash will be.
Seems like they made an art of kicking the can down the road. Hard to say how long they can keep this going, but the longer it goes the harder the crash will be.