Wall Street Apes
@WallStreetApes
Mind Blowing. Americans have $1.17 TRILLION dollars worth of debt on Visa & Mastercard
Visa & Mastercard are charging people an average 29% interest rate on that debt & while Americans are at their lowest THEY DOUBLED THE INTEREST RATES, “It’s nearly doubled in the last 4 years”
Visa & Mastercard are sitting in this hearing with 80% of the market, as a monopoly, telling Congress they do not want any competition…. It’s unreal
US Senator Josh Hawley “Maybe is it because that Visa and Mastercard are effectively monopolies that control 80% of the market — yet your testimony here today is is you don’t want any competition.”
Mind Blowing. Americans have $1.17 TRILLION dollars worth of debt on Visa & Mastercard
— Wall Street Apes (@WallStreetApes) November 20, 2024
Visa & Mastercard are charging people an average 29% interest rate on that debt & while Americans are at their lowest THEY DOUBLED THE INTEREST RATES, “It's nearly doubled in the last 4 years”… pic.twitter.com/nCLFYhA8mJ
Source(s):
https://x.com/WallStreetApes/status/1859051086662811819
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