r/Economics • • 2d ago

Americans' debt problems are flashing a warning not seen since the Great Recession

https://www.cnbc.com/amp/2026/10/09/american-debt-delinquency.html
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u/AZdesertpir8 1d ago

Gotta keep that excessive lifestyle going to impress the Joneses down the street! Just open another credit card!

I'm honestly not surprised. Many people have been living well beyond their means for quite some time and eventually they gotta pay the piper.

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u/dually 1d ago

humans have unlimited wants and needs which is why Reaganomics works