US households are under pressure from rising prices, and credit-card delinquency rates have soared past pre-pandemic levels, the Federal Reserve said.
  • davelEnglish
    22·
    9 months ago

    It’s really something, watching things unfold just as predicted many months ago. You’re a wizard, Harry!

      • comradeRichardEnglish
        12·
        9 months ago

        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 🤷

  • Weyland
    17·
    9 months ago

    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.

    • bleepingblorp
      4·
      9 months ago

      Yeah some people I know may or may not have warrants for their arrest due to unpaid medical debt.