Credit card dues show financial troubles | World Business Watch

Now, we look at the surging past dues on credit card bills in the US...
The share of past dues on credit cards in the US has jumped to the highest since 2012...
Is this pointing to a financial crisis for US consumers?
Take a look at this report to know more...
#us #creditcard #wion
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[@dmonty4354]

I am American and have no debt. I have always lived a little below my means so I could save and invest. I find it ironic that International media sources have better reporting on our economy than the domestic. Not surprising, just ironic.

[@WalkOverHotCoal]

It is considered unpatriotic if US media reports the unpleasant aspect of the US.

[@dmonty4354]

@@WalkOverHotCoal Reporting of events, and ideas should always be allowed. To discern what is true should also be sovereign.

[@yiyer1988]

People in the US live beyond their means. Over consumption and show off is the major reason why they are in such a mess.

[@tariqramadan1521]

No it’s the corporations that have monopolies hike the prices.

[@DK-ev9dg]

Couldn't have said it better. People don't take responsibility for living within the means. They blame corporations

[@pumalee1997]

Last year, the United States had the largest trade deficit, at more than 2 trillion US dollars, and China had the largest trade surplus, at more than 500 billion US dollars.

[@AngelaVlahos]

no more

[@exploreandunravel5773]

Another POOHS Tofu Drag Virus 😂

[@SuperDuperLofti]

It was a bet that things would get better, but it did not for many

[@ganzhu3380]

Nobody cares money can be printed just keep borrowing .

[@eds5977]

2.1 percent still low

[@AngelaVlahos]

I don't take out large credit cards

[@karanmadan1048]

Humble request, don't sell your ancestors belongings for cheap.

[@AngelaVlahos]

heinz

[@karanmadan1048]

@@AngelaVlahos you mean hence?