It’s really something, watching things unfold just as predicted many months ago. You’re a wizard, Harry!
this post was submitted on 12 Jan 2024
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Americans are missing credit card payments at the highest rate in a decade
(www.businessinsider.com)
Lots of people are still pretending that the economy is doing great though.
The "economy" 😩 our measure of success is how much value is extracted from the highest amount of people to be siphoned to the finance sector... To do well at this is terrible for everyone else, to have a stable quality business is to fail 🤷
credit-card delinquency rates
I keep forgetting that not paying one's debt is viewed as a crime in the USA regardless of the reason as to why you can't pay.
Yeah some people I know may or may not have warrants for their arrest due to unpaid medical debt.
But line still go up, so economy good!