Utopian Screw-Job: US Credit Card Debt Pops $1 Trillion

These people tell you they’re creating a utopia of mutilated kids, endless war, and niggers going buckwild.

Meanwhile…

RT:

Credit card balances in the US rose by $45 billion in the second quarter, surpassing $1 trillion for the first time ever, the New York Federal Reserve Bank reported on Tuesday.

Delinquency rates have now returned to pre-Covid levels, the bank’s economists said, noting that the two most recent quarters “appear to show some stabilization.”

Other balances, which include retail credit cards and other consumer loans, as well as auto loans increased by $15 billion and $20 billion, respectively.

The quarterly report shows that student loan balances fell by $35 billion to reach $1.57 trillion, while mortgage balances were largely unchanged at $12.01 trillion.

Total household debt jumped by $16 billion to $17.06 trillion in the second quarter of 2023.

“Despite the many headwinds American consumers have faced over the last year – higher interest rates, post-pandemic inflationary pressures, and the recent banking failures – there is little evidence of widespread financial distress for consumers,” the researchers wrote.

Does this feel like a utopia to you?

Is this a sign of good national health?

For the society to be in a hell of debt, owed to the Jews?

Do you understand something very simple: that this debt increases the costs of everything?

Did you not learn that?

That when debt is easy, it is like a balloon in society’s stomach, inflating the prices of all assets?

Is this what you wanted from your utopia?

Or do you just not care, because of all of the gay sex?

Just let everyone suffocate to death, as long as little boys are getting fucked up the ass, right?

Right?