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We're Trillionaires... But Not in a Good Way
The numbers are in for Q2 on the state of National Household Credit and Debt
Salt & Pepper Finance
August 10, 2023
Did You Know?
As you’ll find out below, American credit card debt has now hit $1 trillion. Back in 2020, credit card debt nationwide was $82 billion. That’s an increase in $918 billion in credit card usage in 2.5 years. 🤯
🔥 Hot off the press: Here’s what’s on the agenda 🔥
America’s consumer debt is absolutely bonkers! It is now higher than 3 out of the top 5 GDPs of the world. Japan, Germany, and the UK. 🤦🏼♂️
Let’s Chop It Up…