First published by Money Metals Exchange here: https://www.moneymetals.com/news/2024/02/08/household-debt-tops-175-trillion-and-americans-are-feeling-the-strain-002977
<p><img src='https://www.moneymetals.com/uploads/content/credit-card-min.jpg'/></p>Despite surging price inflation, “resilient” American consumers have managed to keep spending money, driving “strong” economic growth – thanks to their credit cards.