What happens when America maxes out its collective consumer credit card?
 

Alarming development, no? What impact do you think it will have on consumer spending and also online business?

Will the recent "recovery" in the stock market sustain this level of credit card debt?

i do not use credit cards, and hope all who overspend on credit, suffer the ramifications of their actions.

wishing bad things on others :helpme karma man :)

I didnt wish anything bad, peoples decisions dictate their consequences... you bring up karma, all i did was say their actions shall justify their fate.

Isnt that what your karma thing is?

I said specifically "their actions"

We get out our guns what else.

.

sadly the rest of us will suffer with the idiots... downfall of majority rules.

i don't think anyone is prepared for what might happen ....

thank goodness the government is :)


https://www.fbo.gov/index?s=opportunity&mode=form&id=819eacc8d2df71ec8 2f7fa594f33ce57&tab=core&_cview=1


http://trib.com/news/state-and-regional/govt-and-politics/wyoming-house-advances-doomsday-bill/article_af6e1b2b-0ca4-553f-85e9-92c0f58c00bd.html