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☆ Yσɠƚԋσʂ ☆@lemmy.ml to news@hexbear.netEnglish · 1 year ago

Americans have depleted their excess savings and are now depleting their credit lines as well. The percentage with delinquent credit card debt is approaching the peak at the end of the dotcom bubble.

www.telegraph.co.uk

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Americans have depleted their excess savings and are now depleting their credit lines as well. The percentage with delinquent credit card debt is approaching the peak at the end of the dotcom bubble.

www.telegraph.co.uk

☆ Yσɠƚԋσʂ ☆@lemmy.ml to news@hexbear.netEnglish · 1 year ago
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The great American boom is finally running out of steam, leaving mountains of debt
www.telegraph.co.uk
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High borrowing and low personal savings are dashing hopes of an economic soft landing
  • Hello_Kitty_enjoyer [none/use name]@hexbear.netBanned
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    1 year ago

    “horn” being literal since he still doesn’t have an email

    • TheLepidopterists [he/him]@hexbear.net
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      1 year ago

      On the horn being literal because I want him gored in Pamplona.

      • Frank [he/him, he/him]@hexbear.net
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        1 year ago

        Running of the bulls but now it’s just for the bulls.

    • InevitableSwing [none/use name]@hexbear.net
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      1 year ago

      “On the horn” meaning “call on the phone” is in my head because the other day I watched Buckaroo Banzai (a 1984 movie) and the Secretary of State uses it to dress down security guards who won’t let him pass in a “Don’t you know who I am?” moment.

      • fox [comrade/them]@hexbear.net
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        1 year ago

        It’s such a fun turn of phrase

        • InevitableSwing [none/use name]@hexbear.net
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          1 year ago

          I don’t think I have ever heard it in real life - only tv and the movies. My favorite example is from ~40 years ago. In WarGames a general is fond of chewing tobacco and runs NORAD. The defcon setting has just been changed to 4 (or 3?) and he says “Get me the president on the horn.” What could be more American than all of that?

          • Frank [he/him, he/him]@hexbear.net
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            1 year ago

            I use it, but I am also from ~40 years ago. It’s one of my fav old-timey expressions.

          • barrbaric [he/him]@hexbear.net
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            1 year ago

            Things escalating means DEFCON goes down, so probably 3.

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