this post was submitted on 08 Jun 2024
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United States | News & Politics

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Americans have depleted their excess savings and are now depleting their credit lines as well. The percentage with delinquent credit card debt is approaching the peak at the end of the dotcom bubble. (www.telegraph.co.uk)
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[โ€“] itsonlygeorge@reddthat.com 4 points 3 months ago (1 children)

The transfer of wealth from the middle class is almost complete.