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2025-02-15 00:16:22 UTC

CarlBMenger on Nostr: BREAKING: US household debt hit an all-time RECORD and jumped by $93 billion in Q4 ...

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%.