“Alarming Signs of Loan Arrears and Declining Consumer Activity in the US”

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- "Recently, limited attention was given to the revealing statistics on loan arrears in the United States, highlighting a concerning trend."
- "The abrupt downfall of the indicator in June indicates a substantial decrease in consumer activity."
- "Around two months ago, as both revolving credit and interest on credit cards hit record highs, some experts predicted an inevitable collapse of the debt-reliant American consumer. Soon after, alarming signs emerged when consumer credit in the US rose only by a meager $7.24 billion in May."
- "Then came June, and the figures undeniably paint a worrisome picture."

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