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news@hexbear.netEnglish · 5 months ago

Americans 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

171

Americans 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 ☆@lemmy.ml to

news@hexbear.netEnglish · 5 months ago

The great American boom is finally running out of steam, leaving mountains of debt

www.telegraph.co.uk

High borrowing and low personal savings are dashing hopes of an economic soft landing

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expected coming from the country that kicks out 18yr olds from home like sacks of shit and insist on driving huge suvs to the detriment of their kids

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