Total U.S. consumer credit in November exceeded $5 trillion. Federal Reserve data highlights a 5.7% annual surge, primarily propelled by revolving credit, but the landscape isn't without challenges as interest rates on new car loans and personal loans persistently rise.
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Welcome to the debt bubble! And remember the U. S. dollar is debt by definition.
https://m.stacker.news/11385
... and dead by fate
Hot take; Taking up debt to exchange it for hard assets (Bitcoin, ofcourse, let's not fool ourselves here) is OK.
And then run for the hills
What would this chart look like if divided by M2?
I'm not sure if it leads anywhere as this credit is part of M