News@lemmy.world • 2 years ago

Americans’ credit card debt hits a record $1 trillion

www.cnn.com

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Americans’ credit card debt hits a record $1 trillion

www.cnn.com

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News@lemmy.world • 2 years ago

cross-posted to:
news@lemmy.world

Americans' credit card debt hits a record $1 trillion | CNN Business

www.cnn.com

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.

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Gosh, capitalism works so well!

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