The State of the American Debt-Slaves Q2 2020: The Credit Card Phenomenon

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    The State of the American Debt-Slaves Q2 2020: The Credit Card Phenomenon

    Consumer debt to GDP spikes, but why did credit card balances plunge and new delinquencies decline?
    OK, as I mentioned on Friday, things are a little crazy in the consumer-debt arena at the moment: …
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