Americans took on another $10.9 billion in debt in September, according to data released by the Federal Reserve. That pushed total consumer debt to a seasonally adjusted $3.95 trillion. American indebtedness is growing at a 3.3% rate. But there are signs that American credit card borrowing is slowing down and that’s not good news in […]
The post Drop in Credit Card Spending Could Signal Problems in Economy Built on Consumer Debt appeared first on SchiffGold.com.
from SchiffGold.com https://ift.tt/2TabVMo
