Americans Are Hitting the Credit Card Wall

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New economic data is raising red flags as Americans drain savings, rack up credit card debt, and struggle to keep up with rising prices. Personal savings rates are near Great Recession lows, GDP growth is slowing, and much of the economy’s recent strength is being driven almost entirely by AI and tech spending. This breakdown explores why consumers may be approaching a financial breaking point — and why both parties continue ignoring the growing debt crisis.

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