"Consumers increased their debt in November by a seasonally adjusted $20.4 billion, the largest increase since November 2001, the Federal Reserve reports."
Prepper’s Ping!
If things get as bad as many of us think, what difference does debt make at that point? Does anyone really believe with communications, food delivery, water and power services gone, public safety services curtailed or no longer available at all, that someone will be calling you about your late credit card payment?