Frightening U.S. Credit Card Debt Graphic!
Posted on | January 24, 2010 |
Here’s an absolutely frightening graphic showing the growth of credit card debt in the U.S. from 1970 to today (and beyond).
The graphic is courtesy of Man vs. Debt.
I think it really hammers home two points:
- How much the American consumer has become dependent on credit cards over the past 40 years.
- That the increase in the amount of debt has great outpaced the increase in households getting credit cards.
What do you think?
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January 25th, 2010 @ 4:39 am
this is incredible post … just for inform you i was read something more explaining that from few days in http://www.u2tours.info/donats/greating.html
January 26th, 2010 @ 10:19 am
paper becomes digits .. new money rulez !