Total credit card debt among Americans has surged well past $1 trillion in recent days.
NEW: U.S. credit card debt reaches $1 TRILLION for the first time as Americans are forced to take on debt to make ends meet.
Is this what Bidenomics looks like?
Here are some quick stats that the media continues to ignore:
– Credit card debt tops $1T.
– Only 46% of Americans… pic.twitter.com/uhgRxhhvWX— Collin Rugg (@CollinRugg) August 10, 2023
America is a nation of debt slaves.
USA is not a country of rich people. It’s a rich economy with a lot of poor people.
Americans are broke and drowning in debt. Current state of US:
🔹Record $1.6 trillion in auto loans
🔹Record $1.6 trillion in student loans
🔹Record $1.0 trillion in credit card debt
But… pic.twitter.com/yuao1nflF0
— S.L. Kanthan (@Kanthan2030) August 9, 2023
The economy is a disaster. People are just keeping up appearances by using their credit cards.
Watch Jeremiah Babe’s latest economic doom videos to better learn how fucked everything is.