📈 Debt Spiral Alert: Is the American Consumer Nearing the Breaking Point?

In Q3 2024, Americans added a staggering $259.9 billion in credit card debt. 🚨 That’s a record-breaking surge, driven by rising living costs, stagnating wages, and relentless Fed policies.

But here’s the kicker:

▫️ Banks now hold $241.8 billion in revolving credit, signaling skyrocketing reliance on short-term debt.

▫️ Auto loans added another $22.4 billion in September, despite soaring car prices and loan rates.

▫️ Meanwhile, student loan balances dropped by $13.7 billion—a fleeting reprieve before repayment fatigue sets in.

❌ The Federal Reserve's own balance sheet expanded by $142.8 billion, suggesting Washington’s increasing reliance on debt to prop up the system. Sound sustainable to you? 🤔

This volatile debt pattern doesn’t just show cracks—it screams systemic risk.

🔗 The question is: Are we on the brink of a full-blown credit crisis?

🛡️ The answer lies in preparing now. Cut unnecessary spending. Consider hedging strategies like #Bitcoin—the only financial system immune to Fed manipulations.

#BitcoinEducation #Macro