Americans' credit card debt hits a record $1 trillion | CNN Business
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Americans’ credit card debt levels have just notched a new, but undesirable, milestone: For the first time ever, they’ve surpassed $1 trillion, according to data released Tuesday by the Federal Reserve Bank of New York.

Americans’ credit card debt levels have just notched a new, but undesirable, milestone: For the first time ever, they’ve surpassed $1 trillion, according to data released Tuesday by the Federal Reserve Bank of New York.

  • girlfreddy
    3•11 months ago

    @flossdaily @MicroWave

    That’s the thing tho … most humans won’t survive this. The super rich are buying up remote properties/islands at an incredible rate and want Mars asap.

    Most of the rest of us will die of starvation, fires, heat, dehydration/poisoned water or the massive storms.

    • @demlet@lemmy.world
      12•11 months ago

      If I’ve learned anything from Musk and Zuckerberg, it’s that the super rich really aren’t all that competent. They know how to operate within the system as it is and leverage their existing advantage. I’m pretty sceptical that they can actually save themselves either. They’ll need other people to do that for them, but the problem they face is, why wouldn’t those people just take charge themselves? Once the system they operate in is gone, what do the wealthy really have to offer? No actual skills for the most part. It’s all socially fabricated smoke and mirrors.

    • @lolcatnip@reddthat.com
      4•11 months ago

      Mars is a pipe dream. Unless Earth goes full Venus, it will be vastly better then Mars for at least the next thousand years. Terraforming Mars would be a centuries long endeavor, and terraforming Earth would be vastly easier.

      • @AllonzeeLV@lemmy.world
        4•11 months ago

        Technically we are already terraforming Earth. We know what emitting greenhouse gases does, then we still do it intentionally, then we get sad about, but are not surprised about, the results of our actions on the global climate. We are knowingly using technology that alters the global climate at this very moment, and this has already significantly and successfully altered the global climate.

        That’s terraforming, baby!

        We are just terraforming the Earth to be more hostile towards human life, explicitly to make a tiny population of rich assholes who’ve been promising to whip their dicks out and rain down golden showers of prosperity for a century happier, because us peasants are apparently as fucking stupid and submissive as those rich assholes believe we are.