U.S. consumers are struggling to make credit card payments, with delinquencies surging to levels not seen in 15 years, according to a report. Credit Card Delinquencies Reach Multi-Year High According to an X post by The Kobeissi Letter on Monday,...
  • cmbabul@slrpnk.net
    13·
    3 months ago

    This, subprime car loans, private AND personal loans, and the ever increasing rent prices are going to destroy the economy even if somehow the AI bubble doesn’t pop and the war with Iran ended today

  • Fluffy Kitty Cat@slrpnk.netEnglish
    1·
    3 months ago

    At least it’s a good thing Americans are still getting groceries and the banks are gonna be the ones left holding the bag. They’ll be fine, they’ll get a bailout before anything actually bad happens to them, no need to feel sorry