return2ozma@lemmy.world to News@lemmy.world · 2 years agoAmericans rack up $19 billion in credit card debt in one monthwww.newsweek.comexternal-linkmessage-square49fedilinkarrow-up1198arrow-down113
arrow-up1185arrow-down1external-linkAmericans rack up $19 billion in credit card debt in one monthwww.newsweek.comreturn2ozma@lemmy.world to News@lemmy.world · 2 years agomessage-square49fedilink
minus-squareTheFonz@lemmy.worldlinkfedilinkarrow-up6·2 years agoDepends. Are you dividing by total population or actual cc holders? Because the latte isn’t as big.
minus-squareinit@lemmy.mllinkfedilinkarrow-up9·2 years agoThat’s an espresso way to debt central that’s for sure
minus-squarehuquad@lemmy.mllinkfedilinkEnglisharrow-up3·2 years agoStats from some googling. Assuming there are 250 million adults in US, and 80% have credit cards, that gives me 200 million holders, or ~$100 per person. That’s not really a whole lot of money anymore. Not in a world where taco bell costs $20.
minus-squareTheFonz@lemmy.worldlinkfedilinkarrow-up2·2 years agoYa I just checked and you’re right. However, we could still infer certain trends.by examining the shift
minus-squarehuquad@lemmy.mllinkfedilinkEnglisharrow-up2·edit-22 years agoAgreed. The article also includes a consumer debt trend over time. It seems to outpace inflation by about 33% which is more noteworthy to me.
Depends. Are you dividing by total population or actual cc holders? Because the latte isn’t as big.
That’s an espresso way to debt central that’s for sure
Mocha money mocha problems amirite
Stats from some googling. Assuming there are 250 million adults in US, and 80% have credit cards, that gives me 200 million holders, or ~$100 per person. That’s not really a whole lot of money anymore. Not in a world where taco bell costs $20.
Ya I just checked and you’re right. However, we could still infer certain trends.by examining the shift
Agreed. The article also includes a consumer debt trend over time. It seems to outpace inflation by about 33% which is more noteworthy to me.