Looks like I’m not the only one…

Saw an interesting report today – it shouldn’t surprise anyone that U.S. Households are experiencing a drop in net worth, but what about the fact that

Liabilities of households fell by $114 billion in the quarter, as consumers reduced their debts at an annual rate of 1.1%. Consumer credit card debt fell at a 3.5% annual rate, the largest decline since 1980.

Read the rest in this report from MarketWatch.

Is this surprising to you?


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