LATEST: Jack Dorsey's Block plans to offer a full-stack Bitcoin banking suite for small businesses
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US serious delinquencies are skyrocketing:
The share of credit card debt that is delinquent 90+ days reached 12.3% in Q2 2025, the highest since Q2 2011.
This is just 1.4 percentage points below the all-time high.
Furthermore, 5.0% of auto loans are now seriously delinquent, only 0.3 percentage points below the record set in Q4 2010.
Meanwhile, student loan serious delinquencies spiked 9.4 percentage points over the last 2 quarters to 10.2%, the highest since Q1 2020.
US consumers are falling behind on debt payments at rates rarely seen before.
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The share of credit card debt that is delinquent 90+ days reached 12.3% in Q2 2025, the highest since Q2 2011.
This is just 1.4 percentage points below the all-time high.
Furthermore, 5.0% of auto loans are now seriously delinquent, only 0.3 percentage points below the record set in Q4 2010.
Meanwhile, student loan serious delinquencies spiked 9.4 percentage points over the last 2 quarters to 10.2%, the highest since Q1 2020.
US consumers are falling behind on debt payments at rates rarely seen before.
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Teen grins in mugshot after arrest over killing Uber driver ‘to let off some steam’: report
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Every time I hear about the terrible job market for computer programmers, I'm reminded of this amazing graph:
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When deaths from heat and cold are combined, Europe has close to 50 times as many deaths as the U.S. — as many as 250,000 to 500,000 more deaths every year. Over a decade, this means several million more people die from heat and cold in Europe than die in the U.S. from those causes
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This can remaining .99 cents is the last remaining tether Americans have left to their sanity. If it’s lost, people might snap. It’s The Alamo of sugary beverages
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