2024-12-01 05:30
It’s interesting to point out all the records, but personal debt in America is also at an all-time high right now. People may be spending, but many are doing so on credit, which raises concerns about long-term financial stability. So while the economy may seem strong on the surface, record debt levels could be a warning sign. It’s easy to celebrate the highs, but ignoring the financial strain many are under due to debt could be a big oversight.