
The Kobeissi Letter|11月 06, 2025 16:20
The U.S. Now Has:
1. Record 18.6 trillion in household debt
2. Record 13.1 trillion in mortgages
3. Record 1.7 trillion in auto loans
4. Record 1.7 trillion in student loans
5. Record 1.2 trillion in credit card debt
Total household debt is now up +60% over the last 10 years and total credit card debt is up +50% since 2020.
Meanwhile, delinquency rates on subprime auto borrowers are at a record 6.1%.
Americans are drowning in debt.(The Kobeissi Letter)
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