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Default Consumer debt grew in July - The recklessness persists

Consumer debt outstanding rose a seasonally adjusted $6 billion in July to total $1.774 trillion, the nation's central bank said.

Overall June consumer credit was revised upward, to a gain of $100 million, from the initially reported $400 million drop.


I wonder who's going to prop the economy now? We've got who knows
what propping the stock market, and reckless consumers propping the
economy, and it's all about to cease..........