Maxed Out: The Real Causes—and Consequences—of America’s Exploding Credit Card Debt
April 13, 2025
America is maxed out—and not because people are living large. As of late 2024, U.S. credit card debt crossed a staggering $1.3 trillion, the highest in recorded history (Federal Reserve Bank of New York). But this crisis isn’t just about consumer spending habits—it’s about survival in an economy where wages haven’t kept up, costs keep […]
