2026 ~2027 must be intense, right guys? I wonder if Vietnam will be okay.
An unstable economy means that American politics will also be very tense. (It's usually like that)
🚨 AMERICAN CREDIT CARD DEBT FIRST TIME EXCEEDS 1.1 TRILLION USD – A WARNING SIGN?
According to the latest data from the Fed and Bravos Research, total credit card debt in the U.S. has first exceeded the threshold of 1.1 trillion USD in March 2025.
This is the highest level in history, reflecting extremely concerning issues in the current U.S. economy.
When has this situation occurred in history?
Periods of high credit card debt that caused serious consequences:
🔽 2007-2009: Global financial crisis
🔻 Before the crisis broke out, total credit card debt in the U.S. reached about 1 trillion USD.
🔻 When the real estate market collapsed, waves of unemployment and defaults spread, forcing many financial institutions to write off billions of USD in debt.
🔻 Major banks such as Citibank and Bank of America lost hundreds of billions of USD due to uncollectible debts.
🔽 2020-2021: COVID-19 pandemic
🔻 Americans were forced to rely on credit cards for survival.
🔻 The U.S. government had to roll out massive relief packages, but excessive money printing caused another consequence: prolonged high inflation from 2021 to 2024.
🔽 2025: Credit card debt exceeds historical peak of 1.1 trillion USD
🔻 Reports from Moody’s Analytics previously indicated that excessively high credit card debt would cause American households to consume less, weakening purchasing power and slowing economic recovery.
Source: MarginATM
#TrumpTariffs #GameStopBitcoinReserve
An unstable economy means that American politics will also be very tense. (It's usually like that)
🚨 AMERICAN CREDIT CARD DEBT FIRST TIME EXCEEDS 1.1 TRILLION USD – A WARNING SIGN?
According to the latest data from the Fed and Bravos Research, total credit card debt in the U.S. has first exceeded the threshold of 1.1 trillion USD in March 2025.
This is the highest level in history, reflecting extremely concerning issues in the current U.S. economy.
When has this situation occurred in history?
Periods of high credit card debt that caused serious consequences:
🔽 2007-2009: Global financial crisis
🔻 Before the crisis broke out, total credit card debt in the U.S. reached about 1 trillion USD.
🔻 When the real estate market collapsed, waves of unemployment and defaults spread, forcing many financial institutions to write off billions of USD in debt.
🔻 Major banks such as Citibank and Bank of America lost hundreds of billions of USD due to uncollectible debts.
🔽 2020-2021: COVID-19 pandemic
🔻 Americans were forced to rely on credit cards for survival.
🔻 The U.S. government had to roll out massive relief packages, but excessive money printing caused another consequence: prolonged high inflation from 2021 to 2024.
🔽 2025: Credit card debt exceeds historical peak of 1.1 trillion USD
🔻 Reports from Moody’s Analytics previously indicated that excessively high credit card debt would cause American households to consume less, weakening purchasing power and slowing economic recovery.
Source: MarginATM
#TrumpTariffs #GameStopBitcoinReserve
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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