American consumer debt just hit a milestone nobody's celebrating.

A decade back? $710 billion in credit card balances.
Today? We're staring at $1.23 trillion.

That's a 73% jump. Makes you wonder what happens when rates stay elevated and wallets stay maxed out.

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OffchainWinner

· 12-01 19:56

73%? My God, this growth rate is even more fierce than the rise of some coins... Speaking of which, the American consumer's desire really knows no bounds. At this rate, the wallet will eventually be emptied.

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StablecoinSkeptic

· 11-30 05:47

This number is really amazing, 73%? It feels like the debt bomb is about to get liquidated...

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MultiSigFailMaster

· 11-29 17:31

This number is really amazing, 73%... it feels like we're all playing a game of who goes bankrupt first.

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ImaginaryWhale

· 11-28 22:05

The numbers of U.S. Treasuries really can't hold up anymore, nearly doubled in a decade, and still have to keep paying Interest... Just thinking about it makes me feel suffocated.

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BloodInStreets

· 11-28 21:57

73% rise, this is what we call a real blood筹局, a round of 50% Slump is not enough

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CryptoFortuneTeller

· 11-28 21:54

Americans are really getting poorer, with debt that has more than doubled in ten years... how is this going to work?

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Hash_Bandit

· 11-28 21:51

ngl, this credit card spiral hits different when you think about the network effect of bad debt... 73% in a decade? that's some nasty difficulty adjustment nobody signed up for. reminds me of watching hashrate pump before the halving - everyone overleveraged, then reality hits. wallets maxed out = no bandwidth for actual adoption. rough times ahead fr

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