Did you know that U.S. households are carrying $1.18 trillion in credit card debt? Considering the fact that the average rate of interest on credit card balances is now over 20 percent, that is not good news at all. Sadly, most of the country is just barely scraping by . . . . .
The post Default Nation: The Alarming Collapse Of U.S. Household Finances appeared first on Olive Tree Ministries.
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