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Economic Reckoning Day Coming - Credit Card Charge-Offs Jump, In-Debt Consumers Keep Spending

Economic Reckoning Day Coming - Credit Card Charge-Offs Jump, In-Debt Consumers Keep Spending As American consumers credit card and auto loan debt begins to bite, most Americans are oblivious to the financial reckoning that is rapidly approaching. Consumers continue to spend heavily on entertainment items that they don't need while bankers and the elite get wealthier. It's a game that cannot last forever but who will be the ones crying when the economic collapse hits?

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