image text translation
I.K.L.
The Kobeissi Letter
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@KobeissiLetter
Americans are
drowning in credit card
debt:
US household credit card debt hit arecord
81.33 trillion in August.
The combined average credit card balance
across all age groupsis now at whopping
810,668 PER household_
States with the largest average debt in Q2
2025 were Hawaii at $15,100, California at
$13,800, and Alaska at $13,600.
Other high-debt states include New York
at $12,900, Texas at $12,800, and Florida
at $12,600.
Credit card debt continues to skyrocket.
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October 17, 2025
8.28 am
164,000 views
The rate of credit card lending in the U.S. is increasing.
It is said to be the best of all time
On average, each household has 100 million won in debt.
image text translation
US Credit Card Debt
Average Interest Rate
24.03
(Q4 1994
Q3 2025)
22,06
21,49
@PeterMallowk
20.033
CREATIVE PLANNINC
I803
16.0/
14,073
12,07
1003
J water
Output `Output Output Dohyeon Outlet Output
ton
flowing out
honey
% ironclad withdrawal from national i?
The terrible thing is that it’s okay
I also took out a loan
The average interest rate is 21.4%
image text translation
Post
First Squawk
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@FirstSquawk
FED’S POWELL SAYS THE LABOR MARKET
HAS DEMONSTRATED SIGNIFICANT
DOWNSIDE RISK
Google translation of the original English text
Chairman Powell said the labor market was at risk of a significant downturn.
It turns out that there is nothing to see.
October 15, 2025
1.40 am
What’s even more terrifying is that Powell is currently
The U.S. labor market is said to be in recession.
In short, I can’t work.
Living with high-interest loans
the number of households increases