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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Mongo2116 who wrote (1466084)	7/3/2024 5:21:12 AM
From: maceng2	1 Recommendation Recommended By longz Respond to of 1573829

<<when's the last time credit cards were not maxed out.....hearing that for decades>> I am surprised that someone who invests even said that. Yes, that is the case, but it does peak occasionally, and a leading indicator of what happens next. This chart has not changed much, currently residing at $1.05T. The consumer (contrary to newspaper reports) is not doing well. So goes the stock market. I don't know anyone who can afford 22% interest on $1.05 T U.S. credit card debt is at an ATH topping $1 trillion for the first time in history with an average interest rate of ~22%. pic.twitter.com/IlrulRiAIo — Carl ₿ MENGER ⚡️🇸🇻 (@CarlBMenger) June 17, 2024