Subject: 10% credit card rates
I doubt it will happen. The "Banking Cartel", ahem, isn't gonna go for that.
But beyond that the funny part is while it would help some people, really, someone who had to run up debt or chose to run up debt - are they really gonna pay it off with 10% juice running?
Bad luck. Health issues. Job loss. Yep, can happen to anyone and such means have to be utilized.
BUT, lack of personal finance knowledge or responsibility. A culture that glorifies status symbols and latest fashions. Record profits for anyone from smartphones to autos to restaurants.
Sheeple, culture is a big part of this one also.
You didn't want to even entertain it.
Enjoy........
BAAAAAAAAAAAAAAAA