Everything is fine: "The Wattses are among an increasing number of households leaning on credit to make ends meet as the costs of essentials — including housing, health care, utilities and food — keep rising. Credit card balances reached a record $1.3 trillion at the end of last year... and more and more people are applying for new credit cards."
#economics #credit #banks #collapse #recession #crash #depression #trumpism
https://www.nytimes.com/2026/05/10/business/consumers-credit-inflation-costs.html