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Credit Card Defaults Skyrocket To 14-Year High – A Sign That Inflation’s Worst Effects Have Yet To Be Realized

Credit Card Defaults Skyrocket To 14-Year High – A Sign That Inflation’s Worst Effects Have Yet To Be Realized

by Mac Slavo | Jan 5, 2025 | Headline News

This article was originally published by Lance D. Johnson at Natural News.  U.S. credit card defaults surged to $46 billion in the first nine months of 2024, the highest level since 2010. Defaults have jumped over 50% year-over-year, with seriously delinquent loan...
Death Of The Consumer Economy: Over A Third Of U.S. Adults Now Struggle To Pay For Their Most Basic Expenses

Death Of The Consumer Economy: Over A Third Of U.S. Adults Now Struggle To Pay For Their Most Basic Expenses

by Contributing Author | Sep 8, 2024 | Headline News

This article was originally published by Michael Snyder at The Economic Collapse Blog.  When U.S. consumers are doing well, the U.S. economy does well.  But of course, the opposite is also true.  When U.S. consumers are not doing well, the U.S. economy really...

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