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Peter Schiff: The United States credit card default rate has reached its highest level since the aftermath of the 2008 financial crisis

According to economist Peter Schiff, Trump claims that the United States economy is growing at an unprecedented rate, yet the credit card default rate has reached its highest level since the aftermath of the 2008 financial crisis. This indicates that Americans are trying to pay bills, which is in line with a bad, not a prosperous, era。

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