☆ Yσɠƚԋσʂ ☆@lemmy.ml to news@hexbear.netEnglish · 5 months 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-square68fedilinkarrow-up1158arrow-down10cross-posted to: usa@lemmy.ml
arrow-up1158arrow-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 · 5 months agomessage-square68fedilinkcross-posted to: usa@lemmy.ml
minus-squareihaveibs [he/him]@hexbear.netlinkfedilinkEnglisharrow-up28·5 months agoI totally agree. Even the more privileged folks in my sphere are avoiding going out, a complete failure of the bourgeoisie to uphold the social contract of what they call “the middle class.” It’ll be interesting how that continues to evolve
I totally agree. Even the more privileged folks in my sphere are avoiding going out, a complete failure of the bourgeoisie to uphold the social contract of what they call “the middle class.” It’ll be interesting how that continues to evolve