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Charge It To The Game
If you were curious, Americans had nearly $1.2 trillion in credit card debt as of end-Q3.
That's according to the latest quarterly installment of the New York Fed's household debt report, released on a day when virtually every headline had the word "Trump" in it.
To be precise about things, Americans' card balances were $1.166 trillion, up $24 billion from the prior quarter, and a new all-time high.
At the same time, the total number of credit cards Americans own topped 600 million, or 2.3
