2/3 of Black Friday spending was financed and not paid off in 30 days
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Date: December 3rd, 2025 11:26 PM Author: Stimulating sick goal in life step-uncle's house
180000000000000000 lol jfc
your bro dbg is downthread also confused about the "fuzzy math"
strap in boys it's going to get real fun in the next 10 years!
(http://www.autoadmit.com/thread.php?thread_id=5806008&forum_id=2\u0026show=week",#49482350) |
Date: December 3rd, 2025 11:11 PM Author: Kink-friendly Set Milk
isnt this normal for goyim?
this all seems like fuzzy math
(http://www.autoadmit.com/thread.php?thread_id=5806008&forum_id=2\u0026show=week",#49482315) |
Date: December 3rd, 2025 11:18 PM Author: Sienna Motley Stage Factory Reset Button
Americans are defaulting on their debts at near-historic rates, a collision between long-term structural strains and more contemporary financial pressures that some believe could shake the entire economy.
The issue was put into sharp relief by the New York Fed’s most recent Household Debt and Credit report, which showed that household debt hit a record $18.6 trillion in the third quarter of 2025, having climbed $228 billion from the second quarter.
Credit card balances alone jumped $24 billion, reaching an all-time high, while the share of balances in serious delinquency—90 days past due—climbed to a nearly financial-crash level of 7.1 percent.
Auto loans tell a similar story, with serious delinquency rates at 3 percent, the highest since 2010. And a spike in resulting defaults has triggered a wave of repossessions in 2025, with 2.2 million vehicles already repossessed, per figures from the Recovery Database Network (RDN), and forecasts of a record 3 million by year’s end.
“Delinquencies, defaults, and repossessions have shot up in recent years and look alarmingly similar to trends that were apparent before the Great Recession,” the Consumer Federation of America said in a recent report.
Student loan delinquencies, often a precursor to broader consumer financial troubles, have accelerated at an unprecedented pace. Rates surged to 14.3 percent in the third quarter from only 0.8 percent in the fourth quarter of last year, a historic spike caused by the expiration of pandemic-era payment pauses. According to a separate analysis of Department of Education data by the American Enterprise Institute, 5.5 million student borrowers are in default on their loans, with another 3.7 million over 270 days delinquent.
Taken together, the numbers paint a picture of an American consumer in deep distress, and an economy that may be teetering on the edge of another collapse.
(http://www.autoadmit.com/thread.php?thread_id=5806008&forum_id=2\u0026show=week",#49482332)
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