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

Status: Not Logged In; Sign In

US fiscal year 2025 opens with a staggering $257 billion October deficit$3 trillion annual pace. His brain has been damaged by American processed food. Iran willing to resolve doubts about its atomic programme with IAEA FBI Official Who Oversaw J6 Pipe Bomb Probe Lied About Receiving 'Corrupted' Evidence “We have complete data. Not complete, because there’s some data that was corrupted by one of the providers—not purposely by them, right,” former FBI official Steven D’Antuono told the House Judiciary Committee in a Musk’s DOGE Takes To X To Crowdsource Talent: ‘80+ Hours Per Week,’ Female Bodybuilders vs. 16 Year Old Farmers Whoopi Goldberg announces she is joining women in their sex abstinence Musk secretly met with Iran's UN envoy NYT D.O.G.E. To have a leaderboard of most wasteful government spending In Most U.S. Cities, Social Security Payments Last Married Couples Just 19 Days Or Less Another major healthcare provider files for Chapter 11 bankruptcy The Ukrainians have put Tulsi Gabbard on their Myrotvorets kill list Sen. Johnson unveils photo of Biden-appointed crossdressers after reporters rage over Gaetz nomination sted on: Nov 15 07:56 'WE WOULD LOSE' War with Iran: Col. Lawrence Wilkerson Israeli minister says Palestinians should have no voting or land rights The Case For Radical Changes In US National Defense: Col. Douglas Macgregor Biden's Regulations Legacy Costs Taxpayers $1.8 Trillion, 800 Times Larger than Trumps Israeli Soldiers are BUSTED! Al Sharpton and MSNBC Caught in Major Journalism Ethics Fail in Accepting Kamala's Campaign Money ABC News in panic mode to balance The View after anti-Trump panel misses voter sentiment The Latest Biden Tax Bomb Republicans Pass New Anti-Woke Law: Ohio Senate Bans Transgender from Womens School Bathrooms Gaetz, who would oversee US prisons as attorney general, thinks El Salvador’s hardline lockups are a model Francesca Albanese shuts down reporter question on whether Israel has right to exist Democratic Governors Create Coalition To Push Back Against Trump Policies BRICS Write-off $20 billion Debt of Africa and Shocked IMF MASS EXODUS Of Soldiers Rock IDF After BLOODIEST DAY EVER in Lebanon This Is Why They Wont Be Able To Block Matt Gaetz, Tulsi Gabbard, Pete Hegseth And RFK Jr. Tennessee Official Warns: Venezuelan Gangsters "Back In All Of Our Major Cities" Mike Thune calls Netanyahu First

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: 146
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]