this post was submitted on 12 May 2026
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A Boring Dystopia

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[–] JoMiran@lemmy.ml 12 points 4 days ago

I know it isn't a "household debt" metric, but I just noticed this while shopping for a family member. In six months, youth t-shirts at Disney parks went from $24.99, to $29.99 last week, to $34.99 this week.

[–] Dwayne_Elizondo_Mountain_Dew_Camacho@sh.itjust.works 6 points 4 days ago* (last edited 4 days ago) (1 children)

[...]mortgage balances increased by $21 billion to $13.19 trillion, home equity line of credit balances jumped by $12 billion to $446 billion, and automobile loan balances rose by $18 billion to $1.69 trillion.

Working families are at a breaking point and desperately need relief. President Trump is bragging about his plans for a new White House ballroom while his head economist touts families’ surging debts as a sign of a booming economy.

Booming. Economy.

[–] SlippiHUD@piefed.social 3 points 4 days ago

As in explosive collapse