Economic Collapse

Business as Usual: Is the U.S. Consumer Debt Bubble Going to Burst?

Worldwide Economic Collapse:

Jesus said the coming of the Son of Man will be just like the days of Noah (Matthew 24:37-39). The thing about the days of Noah is that even in the midst of terrible apostasy, evil, violence, and rebellion against God, the people went ahead with their normal lives. They planted fields, they harvested crops, they built houses, they got married, and they had children. They went about business as usual, until the very day that Noah entered the ark, and then destruction came and took them all away

1 Thessalonians 5:3 For when they shall say, Peace and safety; then sudden destruction cometh upon them, as travail upon a woman with child; and they shall not escape.

Revelation 13:16-17 And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads: And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.

Business as Usual: Is the U.S. Consumer Debt Bubble Going to Burst?

July 23, 2019 by IWB

With credit card debt reaching $1 trillion, many consumers are struggling to pay off their outstanding bills. This heat map uses research from Creditcards.com to see average credit card debt in each state and how long it would take to pay off if people in every state allocated 15% of their income toward credit card debt. Dark red states like New York and Texas represent higher credit card debt, while light red states like Iowa and Wisconsin have lower debt. In general, southern states would take the longest to pay off credit card debt.

Categories: Economic Collapse

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