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🚨 Avoid the Credit Card Debt Trap! 🚨 In today's financial climate, falling into debt is easier than ever We explore alarming trends in consumer spending and the dire state of economic affairs. With banks like JP Morgan and Bank of America writing off billions in bad debt, it's crucial to understand the pitfalls of credit dependency. We are now learning that banks are having massive charge offs from their customers. The average person is not paying their bills right now at a record pace. #ChargeOffs #BadDebt #jpmorfan #CreditCrisis #Allegedly #Insurance #interestrates

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Here are the links for the stories mentioned in this video:

https://share.newsbreak.com/6qu1p4iw

https://www.reuters.com/markets/us/us...

https://www.thecut.com/article/what-i...

https://www.wsj.com/business/hospital...

https://nypost.com/2024/04/27/us-news...

https://t.ly/l87pO

https://www.flclaw.net/understanding-...

https://www.ksl.com/article/50994089/...

https://www.statista.com/chart/32142/...

https://t.ly/RxGwc

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And as always, please be kind to everyone. Onward and Upward.

All the best,

Dan