37 Million Credit Cards 90+ Days Delinquent. DO NOT PANIC.

Do not panic. Everything is just fine. A record amount of people are in a record amount of debt but there’s no reason to worry. The Fed has your back. Then men in dark suits in the financial industry who secretly meet with government officials and have been caught over and over rigging different markets are there to ensure your investments will remain safe. That sounds realistic, right?

U.S. Credit Card Debt Closed 2018 at a Record $870 Billion - BNN Bloomberg
https://www.bnnbloomberg.ca/u-s-credit-card-debt-closed-2018-at-a-record-870-billion-1.1223802
US households see biggest decline in net worth since the financial crisis
https://www.cnbc.com/2019/03/07/us-households-see-biggest-decline-in-net-worth-since-the-financial-crisis.html
U.S. Household Net Worth Fell by $3.730 Trillion in Fourth Quarter Due to Stock-Market Volatility
https://outline.com/48Sgfr
z1.pdf
https://www.federalreserve.gov/releases/z1/20190307/z1.pdf
hhdc_2018q4.pdf
https://www.newyorkfed.org/medialibrary/interactives/householdcredit/data/pdf/hhdc_2018q4.pdf
Total Consumer Credit Owned and Securitized, Outstanding | FRED | St. Louis Fed
https://fred.stlouisfed.org/series/TOTALSL
https://www.newyorkfed.org/medialibrary/interactives/householdcredit/data/pdf/hhdc_2018q4.pdf