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BREAKING: US household debt hit an all-time RECORD and jumped by $93 billion in Q4 2024 to a record $18 trillion.

It has been driven by a $45 billion surge in credit card debt, hitting an all-time high of $1.2 trillion. Household debt as % of disposable income is 87%.

jasong 10mo ago 💬 1

Makes sense though rite? We live in a debt base economy so the debt will always grow, whether household or state or institutional…

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Discussion

₿illy 10mo ago 💬 1

It must grow, or the whole system collapses

jasong 10mo ago

For real buddy. Nothing stops this train!