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Consumer Credit Unexpectedly Surges By Most On Record Despite All-Time High APRs
Consumer Credit Unexpectedly Surges By Most On Record Despite All-Time High APRs We have repeatedly warned that with their savings - and especially "emergency covid savings" - gone or nearly gone, Biden admin savings data manipulation notwithstanding... ... US consumers had no choice but to max out their credit cards in order to "extend and pretend" their moment of purchasing greatness, or as we called it two months ago, their last hurrah (see In "Last Hurrah", Credit Card Debt E
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