Credit Card Defaults Just Hit 14-Year High | Are You Next?

America has officially crossed $1.18 trillion in credit card debt — a record high and a dangerous signal. In this video, we break down why this is not just a big number, but a systemic red flag. From rising interest rates over 20% to default rates at 14-year highs, this financial unraveling is hitting everyone — even high-income households.

You’ll learn:
*Just how deep this debt crisis goes
*Why even Americans making $150K+ are defaulting
*What’s coming next as economic pressures escalate

📉 Default rates are up 50% since last year. Buy Now, Pay Later traps are surging. Even Costco is a lender now. Is this the collapse no one wants to admit?

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DISCLAIMER: The financial and political opinions expressed in this video are those of the guest and not necessarily of "Rethinking the Dollar." Views expressed in this video should not be relied on for making investment decisions or tax advice and do not constitute personalized investment advice. The information shared is for the sole purpose of education and entertainment only.