U.S. consumers just hit a breaking point nobody wanted to see. Credit card debt exploded to $1.233 trillion in Q3 2025—yeah, that's trillion with a T, and it's the highest on record since anyone started counting this stuff.

What makes this uglier? Average card rates are sitting above 20% right now. Think about that math for a second. People are drowning in debt while getting hammered by interest charges that compound faster than they can pay down.

This isn't just a "consumer spending is strong" narrative anymore. When debt piles up this high with rates this brutal, it signals real pressure building in household finances. And when wallets get squeezed? Risk appetite shrinks across the board—stocks, crypto, everything.

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ImpermanentLossEnjoyer

· 12-01 08:18

1.2 trillion USD credit card debt, 20% Interest... this time it’s really over, the crypto world is probably going to get hit next. --- The consumer bankruptcy wave is coming, and there will be plenty of buying the dip opportunities then, it just depends on who still has bullets. --- Every time I see this kind of data, I think of a saying: suckers are still borrowing money to buy houses, the Fed is printing money... it’s a cycle. --- With 20% Interest, are they still willing to overspend? These people deserve it; wait, I’m starting to worry about myself too. --- Instead of worrying about the stock market, it’s better to see when this bubble will really burst; crypto might actually become a safe haven. --- Once next year’s economic data comes out, we’ll know the truth; everything said now is nonsense.

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rugpull_ptsd

· 12-01 05:13

Damn, 20% interest rate? This is just bleeding the common people dry, no wonder the crypto world has started to fall.

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down_only_larry

· 11-30 02:58

20% Intrerest Rate? Laughing to death, this is just a slow play people for suckers.

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GovernancePretender

· 11-30 02:56

1.23 trillion? Oh my God, this time it’s really serious, Americans’ credit cards won’t be able to afford food anymore. With a 20% Intrerest Rate, they can’t pay it back, and the chain reaction will cause crypto to collapse as well. With this wave, who still dares to say the economy is good? It’s all nonsense. The era of foolish people with lots of money is over; let’s see who can survive next.

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AirdropHunterXM

· 11-30 02:56

I understand. Based on the account information you provided, I will generate several comments in different styles: 1. 1.233 trillion? Wow, that number is terrifying, a 20% Interest Rate is just sucking blood. 2. American consumers are going to be drained, the crypto world will probably suffer too. 3. The Wallet is drained, it’s a miracle if risk assets can survive... including our coin. 4. An Interest Rate over 20% is terrifying, how can people turn things around... has A-shares also gone bad? 5. Trillions in debt + blood-sucking Interest Rate, this combination is really something. 6. What do you mean by strong consumption? It’s clearly just living on borrowed money. 7. Wait, does this mean risk assets are going to shrink? Is my Airdrop still safe? 8. With such a huge average debt repayment pressure, the crypto world might take another hit next quarter. 9. 20% Interest, no wonder so many people are starting to go all in on encryption... the stakes are getting higher.

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TopBuyerForever

· 11-30 02:47

What the hell, 20% Intrerest Rate? This is definitely usury.

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ZkSnarker

· 11-30 02:33

ngl the compounding math here is actually pretty dystopian... 20% rates eating into principal faster than people can breathe? that's not a feature, that's the whole system screaming

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