☆ Yσɠƚԋσʂ ☆@lemmy.ml to news@hexbear.netEnglish · 24 days agoAmericans have depleted their excess savings and are now depleting their credit lines as well. The percentage with delinquent credit card debt is approaching the peak at the end of the dotcom bubble.www.telegraph.co.ukexternal-linkmessage-square70fedilinkarrow-up1172arrow-down10cross-posted to: politics@lemmy.worldus_news@lemmygrad.ml
arrow-up1172arrow-down1external-linkAmericans have depleted their excess savings and are now depleting their credit lines as well. The percentage with delinquent credit card debt is approaching the peak at the end of the dotcom bubble.www.telegraph.co.uk☆ Yσɠƚԋσʂ ☆@lemmy.ml to news@hexbear.netEnglish · 24 days agomessage-square70fedilinkcross-posted to: politics@lemmy.worldus_news@lemmygrad.ml
minus-square☆ Yσɠƚԋσʂ ☆@lemmy.mlOPlinkfedilinkEnglisharrow-up30·24 days agoRight, and once the economy becomes disconnected from the actual needs of the people it loses all meaning.
Right, and once the economy becomes disconnected from the actual needs of the people it loses all meaning.