Fed Reports Massive Spike In Defaults! Credit Card Meltdown! - A MHFIN Must Video
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The Philadelphia Federal Reserve just released its Q4 Credit Card Report and the results are shocking. The fourth quarter of 2023 recorded the lowest performance in card metrics, with delinquencies at all account stages reaching unprecedented levels. The only exception was the 90+ day balance-based delinquency rate, which remained below its peak from over ten years ago. Looking throughout the report it’s pretty easy to see that Americans are struggling with credit card debt with nearly all aspects of the report turning sour.
Every day is brutal waiting for this to start!
Who cares, we learn from our government. No fiscal responsibility!
18 TRILLION IN CONSUMER DEBT GOING TO 20 TRILLION BEFORE THE END OF THE YEAR! Most of it will never be repaid!
Until the debt market melts down, which it will, then it’s game over
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Whistler Blowers, Insiders
Cash is king days on the horizon. Central Banking Cartel scores another big win. This is how they slowly bleed everyone to death.
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