🚨 The U.S. Consumer Economy Is Under Pressure

On the surface, things look fine — spending is steady, GDP is growing, unemployment is lower.

But underneath, stress is building.

• 25% of BNPL loans are now for basic needs (up from 14% last year)
• 41% of users are paying late
• 60% hold multiple BNPL loans
• 33% rely on BNPL to reach their next paycheck

That means incomes aren’t keeping up with living costs.

At the same time:
• U.S. credit card debt has hit $1.28 trillion
• Missed payments are near 2008 crisis levels

Spending driven by income is healthy.
Spending driven by debt is fragile.

If jobs weaken and credit tightens, consumption can slow fast.

No crisis tomorrow — but the foundation is getting weaker.

#TrumpAnnouncesNewTariffs