[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help] 

Status: Not Logged In; Sign In

WHY SO MANY FOREIGN BASES IN AFRICA? Trump called Candace Owens about Brigitte Macron's P*NIS? New Mexico Is The Most-Dependent State On The Federal Govt, New Jersey The Least "This Is The Next Level": AI-Powered "Digital Workers" Deployed At Major Bank To Work Alongside Humans Cash Jordan: ICE Raids Taco Trucks... Deports 'Entire Parking Lot' of Migrants Jaguar Went Woke & The Results Were Catastrophic Trump Threatens To DEPORT ELON MUSK Over Big Beautiful Bill Feud, Elon NEVER Wanted EV Mandates If Trump Cared About Israel, He would Stop the Genocide Why do you think Henry Ford was such a hardcore Antisemite? In Case you miss Bad Journalism Bobby K Jr was Exiled For Saying This: Quantum Meets AI: Morgan Stanley Maps Out Next Tech Frontier 670,000+ Swept Away as Dams Burst in Canton China, Triggering Deadly Flood! Senate Version Of Trump Tax Bill Adds $3.3 Trillion To Deficit, $500BN More Than The House; Debt Ceiling Raised By $5 Trillion Iran Disables GPS, Joins China’s Beidou — The End of U.S. Satellite Dominance? Ukraine's Withdrawal From Anti-Personnel Landmine Treaty Could Haunt Generations 71 killed in Israeli attack on Iran's Evin Prison Practice Small, Daily Acts Of Sabotage Against The Imperial Machine "EVERYONE'S BEEN SHOT UP HERE": Arsonists Set Wildfire In Northern Idaho, Open Fire On Firefighters, Police In Ambush Trump has Putin trapped, and the Kremlin knows it Kamala's comeback bid sparks Democrat donor meltdown amid fears she'll sink party in California Russia's New Grom-A1 100 KM Range Guided Bomb- 600 Kilo UKRAINIAN CONSULATE IN ITALY CAUGHT TRAFFICKING WEAPONS, ORGANS & CHILDREN WITH THE MAFIA Andrew Cuomo to stay on ballot for NYC mayor in November general election The life of the half-immortal who advised CCP (End of CCP in 2026?) Millions Flee China’s Top Cities Violence begets violence: IDF troops beaten, choked, rammed by Jewish settlers in West Bank Netanyahu Says It's Antisemitic For Israeli Soldiers To Describe Their Own Atrocities China's Economy Spirals With No End In Sight, Says Kyle Bass American Bread Cannot Be Sold in Most Countries

National News
See other National News Articles

Title: Yellen calls rising credit card debt the sign of a strong consumer.
Source: [None]
URL Source: https://citizenwatchreport.com/the- ... -trillion-in-credit-card-debt/
Published: Aug 9, 2023
Author: Mike Rivero
Post Date: 2023-08-09 08:19:51 by Horse
Keywords: None
Views: 182
Comments: 1

No, Janet, it means tapped out consumers are sinking further into debt they can't possibly repay.

The US has $17.1 trillion in household debt, $12.0 trillion in mortgages, $1.6 trillion in auto loans, $1.6 trillion in student loans, and $1.0 trillion in credit card debt.

Total mortgage debt is now more than double the 2006…

In the US, interest rates on household items are skyrocketing.

In just 1 year, the average interest rate on credit card debt has gone from 14% to 21%+.

New car loan rates went from 4% to 8% while used car loan rates are at 12%+.

Mortgage rates are at a fresh high of 7.2%, up from 2.7% in 2021.

How can the average person afford any of these items?

Post Comment   Private Reply   Ignore Thread  

#1. To: Horse (#0)

Every traitor democrat needs to be audited and see where all their funny money is coming from. Anyone with Chinese of communist ties must be immediately removed from office, arrested, tried and if convicted, immediately put to death for treason.

This country was doing pretty well until the first Bush administration, and that’s when big oil started to rape the consumer. I remember buying gas for .59 a gallon. Now, it’s nearly $4.00 a gallon. These politicians we have, for the last 30 years have destroyed our economy, destroyed our liberty, and destroyed the value of being an American Citizen by destroying our culture, our way of life, all of it. Who has been in charge for the last 30 to 40 years?

REMOVE THEM ALL. Every fucking last one of them.

"Call Me Ishmael" -Ishmael, A character from the book "Moby Dick" 1851. "Call Me Fishmeal" -Osama Bin Laden, A character created by the CIA, and the world's Hide And Seek Champion 2001-2011. -Tommythemadartist

TommyTheMadArtist  posted on  2023-08-09   8:40:41 ET  Reply   Trace   Private Reply  

[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help]