Cyber Thieves install Credit Card Skimmer in 3 seconds (VIDEO)

Wow that was fast! Perhaps this video can help explan why Credit Card Debt in America rose from $79 billion to close to $1 Trillion [as in 1000 billion]. Was it that easy to defraud the system or was the entire system Fraud and built on Fraud and lived and died on the selling and marketing and repackaging of Fraud?

Charisma News reports;

Last year, credit card debt in the U.S. surged by approximately $71 billion to $917.7 billion, according to a new study from CardHub.com. The research also found that most of the debt accrued in 2015 came in the fourth quarter, when Americans tacked on more than $52 billion.

“With 7 of the past 10 quarters reflecting year-over-year regression in consumer performance, evidence is mounting to support the notion that credit card users are reverting to pre-downturn bad habits,” CardHub CEO Odysseas Papadimitriou said in a statement.

Sources:

• https://www.rt.com/viral/335712-card-skimmer-install-video/
• https://www.youtube.com/watch?v=y83ZgzuFBSE
• http://www.charismanews.com/opinion/55811-us-credit-card-debt-hurtling-toward-1-trillion-for-the-first-time-ever