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RE: LeoThread 2025-02-21 21:57

in LeoFinance8 months ago

Part 1/9:

Rising Credit Card Debt: The Hidden Financial Crisis Impacting Americans

In what many experts are calling a troubling economic indicator, American credit card debt has reached an unprecedented $1.21 trillion. This figure represents not just a statistical milestone but a deepening financial strain on the average American household. Just in the past three months alone, the nation has added $45 billion to this alarming total, highlighting an ongoing trend of increasing indebtedness.

Household Debt: A Broader Perspective