Consumer Debt Hits New High Ahead of Retail Earnings Reports 5/15/23
CNBC's "Fast Money"
00:00
The Debt Crisis in the United States
36% of U.S. adults now have more credit card debt than they have savings. In June of 2008, 65% of Americans had a balance on their credit cards; today it's 130%. So you talk about debt problems? Absolutely. Does the market care? No.
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