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News@lemmy.world • 5 months ago

Credit card debt hits a 'staggering' $1.13 trillion. Here's why so many Americans are under pressure

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Credit card debt hits a 'staggering' $1.13 trillion. Here's why so many Americans are under pressure

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News@lemmy.world • 5 months ago

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Strong consumer spending boosted credit card balances to a new record high in the fourth quarter, according to the Federal Reserve Bank of New York.

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Snot Flickerman
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19•5 months ago
And they made fun of us in the 90’s for saying the USA was full of “wage slaves.”

Who’s laughing now? Only the wealthy.

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