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Lonestarblue

(13,508 posts)
3. And how much has credit card debt increased since Trump raised prices on most items with his tariffs?
Sun Nov 30, 2025, 07:44 AM
Nov 2025

“Credit card debt reaches $1.21 trillion — in line with last year’s all-time high, NY Fed finds”. https://www.cnbc.com/2025/08/05/ny-fed-credit-card-debt-second-quarter-2025.html

At what point will we see people lose their homes and cars because they can’t afford to live on their earnings. The US economy feels like it’s now built on a shaky house of cards created by Trump and his Republican sycophants.

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6 members have recommended this reply (displayed in chronological order):

So basically no increase.... Lovie777 Nov 2025 #1
Not only no increase popsdenver Nov 2025 #15
Incorrect Polybius Nov 2025 #23
I believe you are correct Progressive dog Dec 2025 #25
I remember being a young man when I first got into stocks Polybius Nov 2025 #22
Was out and about the past couple of days Deminpenn Nov 2025 #2
And how much has credit card debt increased since Trump raised prices on most items with his tariffs? Lonestarblue Nov 2025 #3
Some people add too much debt to their load over the holidays. People need to think twice about purchases. Vinca Nov 2025 #4
Only 1 in 5 Americans are debt free. Gimpyknee Nov 2025 #5
By design. (n/t) OldBaldy1701E Nov 2025 #7
I try to be, only putting a small amount on the credit card every so often and then paying it off quickly. Vinca Nov 2025 #11
I tried the spending boycott thingy. I gave up. It was just too hard not to spend my money. Hotler Nov 2025 #6
The rich are desperate to make things look like they are great. OldBaldy1701E Nov 2025 #8
It may be a hundred years later but history is about to repeat itself Bluestocking Nov 2025 #9
Yes, it is Deminpenn Nov 2025 #18
Matches What I Saw Yesterday In Philly modrepub Nov 2025 #10
Not surprised, as TV has been blaring non-stop Black Friday sales shit for weeks and weeks. RedWhiteBlueIsRacist Nov 2025 #12
Just my personal experience: I went to Walmart on (Black?) Friday in my little town BComplex Nov 2025 #13
I was a Corporate Executive in Retailing popsdenver Nov 2025 #14
How much of the increase is the result of adding in tariffs to the price twodogsbarking Nov 2025 #16
Yawn...so what? People will put all of Christmas on plastic so they can have a Christmas Bengus81 Nov 2025 #17
So much for the boycott. mdbl Nov 2025 #19
I personally don't think the boycott made sense iemanja Nov 2025 #20
Maybe from the standpoint of the entire season mdbl Nov 2025 #24
I am visiting my mother in law in Arizona kimbutgar Nov 2025 #21
What is a K shaped economy? Marthe48 Dec 2025 #26
There's an explanation here (it can be applied to any 2 sectors of business) - BumRushDaShow Dec 2025 #27
Thank you! Marthe48 Dec 2025 #28
Most welcome! BumRushDaShow Dec 2025 #29
Latest Discussions»Latest Breaking News»K-shaped economy and infl...»Reply #3