return2ozma@lemmy.world to News@lemmy.world · 10 months agoAmericans rack up $19 billion in credit card debt in one monthwww.newsweek.comexternal-linkmessage-square57fedilinkarrow-up1198arrow-down113
arrow-up1185arrow-down1external-linkAmericans rack up $19 billion in credit card debt in one monthwww.newsweek.comreturn2ozma@lemmy.world to News@lemmy.world · 10 months agomessage-square57fedilink
minus-squarehuquad@lemmy.mllinkfedilinkEnglisharrow-up3·10 months agoStats from some googling. Assuming there are 250 million adults in US, and 80% have credit cards, that gives me 200 million holders, or ~$100 per person. That’s not really a whole lot of money anymore. Not in a world where taco bell costs $20.
minus-squareTheFonz@lemmy.worldlinkfedilinkarrow-up2·10 months agoYa I just checked and you’re right. However, we could still infer certain trends.by examining the shift
minus-squarehuquad@lemmy.mllinkfedilinkEnglisharrow-up1·edit-210 months agoAgreed. The article also includes a consumer debt trend over time. It seems to outpace inflation by about 33% which is more noteworthy to me.
Stats from some googling. Assuming there are 250 million adults in US, and 80% have credit cards, that gives me 200 million holders, or ~$100 per person. That’s not really a whole lot of money anymore. Not in a world where taco bell costs $20.
Ya I just checked and you’re right. However, we could still infer certain trends.by examining the shift
Agreed. The article also includes a consumer debt trend over time. It seems to outpace inflation by about 33% which is more noteworthy to me.