For all intents and purposes, the US has kicked its credit card addiction
For all intents and purposes, the US has kicked its credit card addiction. Revolving credit, which the US government first started tracking in 1968, was going gangbusters for decades, driven by credit card debt. After the crisis, it's nearly dead in the water. This is an interesting article that takes a look at household debt and savings. Very interesting to see the trend and some good charts (VIEW LINK)
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Livewire is Australia’s #1 website for expert investment analysis. We work with leading investment professionals to deliver curated content that helps investors make confident and informed decisions. Safe investing and thanks for reading Livewire.
Expertise
Livewire is Australia’s #1 website for expert investment analysis. We work with leading investment professionals to deliver curated content that helps investors make confident and informed decisions. Safe investing and thanks for reading Livewire.
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