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【Editorial Cartoon】How long can Americans withstand the economic difficulties by using credit cards?
09:47:54 18-08-2023From:CRI Online of China Media GroupEditor:Mao Chuan

【Editorial Cartoon】How long can Americans withstand the economic difficulties by using credit cards?_fororder_415076c3-7f4d-48bd-a5b5-c31f79f72c5english

  According to the latest data released by the New York Federal Reserve Bank, Americans' credit card debt hits 1.03 trillion U.S. dollars,surpassing 1 trillion U.S. dollars for the first time. The regional Fed bank’s report said that amid the economic downturn, Americans no longer use credit cards to avoid " unnecessary " expenses, but to buy daily necessities such as food and fuel.

  Executive Producer|Zhang Jicang

  Producer|Jiang Lili

  Editor-in-Chief |Liu Muchen

  Program Planner|Jiang Shan

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