☆ Yσɠƚԋσʂ ☆@lemmy.ml to news • 22 days 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.external-linkmessage-square70 fedilinkarrow-up1172cross-posted to: us_news@lemmygrad.mlusa@lemmy.ml
arrow-up1172external-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.☆ Yσɠƚԋσʂ ☆@lemmy.ml to news • 22 days agomessage-square70 Commentsfedilinkcross-posted to: us_news@lemmygrad.mlusa@lemmy.ml
minus-squareihaveibs [he/him]hexbear21·22 days agoI guess the question is how long can they keep pulling levers until it finally collapses? link
minus-square☆ Yσɠƚԋσʂ ☆@lemmy.mlhexagonhexbear20·22 days 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. linkfedilink
I guess the question is how long can they keep pulling levers until it finally collapses?
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.