US Credit Card Debt Balloons Past Record at 2008 Stock Market Crash

2019-3-5 22:07

US credit card debt has spiraled to a staggering $870 billion, a new record. The debt pile is going to be of significant concern to fiscal hawks who will be particularly concerned by the fact that the amount is continuing to push higher despite a booming stock market and positive growth in the US economy.

Perhaps what is most concerning is the fact that this historic debt bubble has now surpassed a psychologically concerning level. This level is the 2008 peak of debt around the time of the stock market crash and Great Recession. Multiple factors contributed to this dubious

The post US Credit Card Debt Balloons Past Record at 2008 Stock Market Crash appeared first on CCN

.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Cardstack (CARD) на Currencies.ru

$ 0.0006461 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: -0.55 %
Cегодня L: $0.0006461 - H: $0.0006461
Капитализация $0 Rank 7664
Цена в час новости $ 0.0008831 (-26.84%)

debt market stock credit card crash 2008

Источник: ccn.com

debt market → Результатов: 28


IBM And Securitize To Improve Corporate Debt Issuance Using Blockchain Technology

The IBM Blockchain Accelerator program has selected Securitize to join them as they strive to improve on a portion of corporate debt market with blockchain technology. Securitize, an asset and security token issuance platform that operates with blockchain technology, hopes to help IBM manage the large corporate debt market. The debt currently stands at $82 […]

2019-1-22 14:53


Paraguay’s Economic Debt Crisis Could End with Bitcoin Mining as a Big Boost to the Bottom Line

Paraguay has had several hydroelectric towns that many had associated them with the drug cartels, ammunition and also smuggling. But now it has become the new home for the crypto miners in the market who have been connected to a very sophisticated network involved with mining crypto coins for their owners. It is finally giving […]

2018-11-14 02:43


Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Did crypto hand Donald Trump the White House?

How deep did crypto’s influence go in this election? Did Bitcoin and blockchain backers help push Trump back into the Oval Office? A crypto-powered return to the White House The recent election handed Donald Trump a strong victory with 312…

Washington goes DOGE as Elon Musk pushes for a leaner government

What could Elon Musk’s Dogecoin-infused approach bring to Washington as he leads the DOGE Department with Vivek Ramaswamy? Elon Musk and the rise of “DOGE” in the U.S. politics Elon Musk and Dogecoin (DOGE) are unconventional players in American politics,…