Americans' credit card debt hits a record $1 trillion | CNN Business
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Americans’ credit card debt levels have just notched a new, but undesirable, milestone: For the first time ever, they’ve surpassed $1 trillion, according to data released Tuesday by the Federal Reserve Bank of New York.

Americans’ credit card debt levels have just notched a new, but undesirable, milestone: For the first time ever, they’ve surpassed $1 trillion, according to data released Tuesday by the Federal Reserve Bank of New York.

  • Specific_Skunk@lemmy.world
    5·
    1 year ago

    I’ve lived through enough financial crises that constantly hearing that (“Low unemployment! Go spend money! It’s fiiiiine, everything is GREAT!”) for the past year has made me a nervous wreck.