Americans' credit card debt hits a record $1 trillion | CNN Business
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Americans’ credit card debt levels have just notched a new, but undesirable, milestone: For the first time ever, they’ve surpassed $1 trillion, according to data released Tuesday by the Federal Reserve Bank of New York.

Americans’ credit card debt levels have just notched a new, but undesirable, milestone: For the first time ever, they’ve surpassed $1 trillion, according to data released Tuesday by the Federal Reserve Bank of New York.

    • Shardikprime@lemmy.world
      51·
      1 year ago

      Indeed, even Kings would envy us right now. Just even the luxury of having to not slave away for weeks just for a lump of stale moldy bread is a marvel.

      We have an hyper abundance of food at our hands. You can even drink a delicacy called coffee together with another delicacy called cinnamon without murdering countless on the way to your table together with the miracle of milk kept fresh through days or even weeks or months without it even getting a stale whiff.

      There is even more to that, but the luxury of partaking in it and complaining about it, thinking our lives are somehow worse, while trying to destroy what countless generations sacrificed themselves for, knowingly or unknowingly, is the biggest luxury of them all.