Art drew this cartoon so I thought I’d put some text with it… U.S. credit card debt at the time of the great crash of 2008 was 1.022 trillion dollars. Our low since then was in January of 2015 at 884.8 billion dollars.
Well, guess what?
We’re right back up to 1.01 billion dollars as of April 2017 – and that’s what I like about us Americans as a whole, we don’t learn much from history. So, we go on repeating the same mistakes over and over.
Everyone ready for the next crash? We’re about due!