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triceratops 19 hours ago [-]
Shouldn't this be a per-capita stat, adjusted for inflation? By itself it doesn't mean much.
The article says it's up 2.4% per person over last year. Which is less than inflation.
davidlumley 19 hours ago [-]
This doesn’t look like it’s necessarily debt that is delinquent or unserviceable, just total balance on credit cards. Could easily be a reflection of inflation / rising costs.
The article says it's up 2.4% per person over last year. Which is less than inflation.