It's not $BTC that needs America! America needs $BTC
American consumers now perceive a 14.2% chance of not being able to pay their minimum debts in the next 3 months, the highest since 2020.
This is also the third highest reading in a decade.
This perceived probability has spiked 5 percentage points since February 2022 as consumers' financial stress increases.
Americans with incomes under $50,000 have the highest likelihood of delinquency at 20.0%.
Additionally, the probability of delinquency for those with incomes over $100,000 rose to 8.4%, the highest level since September 2014.
Consumers are drowning in debt!
