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Admeter references a Bloomberg report that highlights a significant surge in U.S. consumer borrowing, particularly in the realm of credit cards. Total credit outstanding rose by a staggering $19.2 billion in October, marking one of the largest increases recorded. While this revelation initially raised alarms about consumer debt levels, Admeter posits that the alarming reality is that consumers are not only reaching their credit limits but that banks are encouraging them to spend even more.