The US Economy Is Addicted to Credit Cards—Here’s the Cost
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最新报道：The U.S. economy is increasingly reliant on credit card debt, with Americans now owing over $1 trillion in revolving credit. Experts warn this growing addiction poses risks as interest rates remain high, with the average credit card APR hitting 20.7%—the highest in decades. Rising defaults and delinquencies suggest financial strain among consumers, potentially signaling broader economic instability ahead. Analysts urge caution as unsustainable debt levels could trigger a credit crunch if spending habits don't change.
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