7min chapter

The Rebel Capitalist Show cover image

Credit Card Debt Hits Record, Wealth Gap Widens, WTF Is The Vibecession?

The Rebel Capitalist Show

CHAPTER

Rising Credit Card Debt and Economic Concerns

This chapter explores the alarming increase in credit card debt faced by consumers amid rising inflation. It emphasizes the disconnect between inflation rates and wage growth, revealing the potential risks to financial stability as many struggle with lingering holiday debts.

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