Most Americans continue to take on ever-increasing amounts of credit card debt
This CAN NOT continue. Some consumers are already hitting the wall.
(From CNBC)
“While that confidence is great, it’s almost certainly not going to be the case,” said Matt Schulz, chief industry analyst at CompareCards.
“We are still running up debt, so, at some point, something has to give.”
Reprinted from: https://www.ac2news.com/2020/02/most-americans-continue-to-take-on-ever-increasing-amounts-of-credit-card-debt/