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A comment on Crony capitalism may be cannibalizing productive capitalism in the U.S.. Parent comment

Re:Crony capitalism may be cannibalizing productive capitali... by xiaoma on Friday June 23, 2017 @12:30PM (#14620417)
Since you seem knowledgeable about this, what is the amount of credit card debt available to the median American above what they already carry?
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Re:Crony capitalism may be cannibalizing productive capitali... by balls187 on Friday June 23, 2017 @02:04PM (#14621293)
Above what they carry is irrelevant. American's can get themselves on average up to 5-7k of debt[1], it's reasonable assumption that if one was determined, they could get $10k in credit.

https://www.valuepenguin.com/average-credit-card-debt

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Re:Crony capitalism may be cannibalizing productive capitali... by xiaoma on Sunday June 25, 2017 @02:13AM (#14628881)
I can say from first-hand experience a few years ago that your assumption—which you presented as fact—is false.
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