apr rate on american "credit card" debt ?
if the USA Government were an actual person, it would have $52,000 in annual income, $78,000 in annual expenses and $700,000 in credit card debt… (and the interest rate just increased on the credit card debt!)
yeah so what do you think the apr on that credit card debt would be?
Yikes.
Well, the 10-yr just went below 2% for the first time ever today, so there's that.
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