this post was submitted on 12 Jan 2024
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Americans are missing credit card payments at the highest rate in a decade (www.businessinsider.com)
submitted 2 years ago by yogthos@lemmy.ml to c/us_news@lemmygrad.ml
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[–] davel@lemmygrad.ml 22 points 2 years ago (1 children)

It’s really something, watching things unfold just as predicted many months ago. You’re a wizard, Harry!

[–] yogthos@lemmy.ml 15 points 2 years ago (1 children)

Lots of people are still pretending that the economy is doing great though.

[–] comradeRichard@lemmygrad.ml 12 points 2 years ago

The "economy" 😩 our measure of success is how much value is extracted from the highest amount of people to be siphoned to the finance sector... To do well at this is terrible for everyone else, to have a stable quality business is to fail 🤷