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The Kobeissi Letter
The Kobeissi Letter|Sep 18, 2025 16:14
Credit card debt is piling up: Google searches for “credit card debt” are now up to 2008 levels. Meanwhile, the share of credit card debt that is delinquent 90+ days reached 12.3% in Q2 2025, the highest since Q2 2011. This is just 1.4 percentage points below the all-time high. How long can this last?(The Kobeissi Letter)
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