101. Top of Mind: Consumer Credit Card Debt Surpasses $1 Trillion! Why We're Not Concerned

<p>Join co-hosts Bob Fraser and Ben Fraser in the latest episode of the &quot;Top of Mind&quot; series on the Invest Like A Billionaire podcast as they dissect the recent news that US consumer credit card debt has crossed a monumental $1 trillion milestone. In this thought-provoking episode, Bob and Ben offer their unique perspective on why the seemingly alarming figure might not warrant the panic it suggests. While the $1 trillion debt is undeniably significant, Bob and Ben shed light on the underlying factors shaping this trend and explore whether it truly spells impending financial doom. Axios News Article - <a href="https://www.axios.com/2023/08/07/credit-card-debt-1trillion" target="_blank" rel="noopener noreferer">https://www.axios.com/2023/08/07/credit-card-debt-1trillion</a></p> <p><br></p> <p>Connect with Bob Fraser on LinkedIn ⁠<a href="https://www.linkedin.com/in/bob-fraser-22469312/">⁠⁠⁠⁠ht⁠tps://www.linkedin.com/in/bob-fraser-22469312/⁠⁠⁠⁠⁠⁠</a></p> <p>Connect with Ben Fraser on LinkedIn ⁠<a href="https://www.linkedin.com/in/benwfraser/">⁠⁠⁠⁠⁠https://www.linkedin.com/in/benwfraser/⁠⁠⁠⁠⁠⁠</a></p> <p> </p> <p>Invest Like a Billionaire podcast is sponsored by Aspen Funds which focuses on macro-driven alternative investments for accredited investors.</p> <p>Get started and download your free economic report today at <a href="https://aspenfunds.us/report?__hstc=246290587.67b267cefeb24c583e898546b521a8ae.1674672527158.1683056261292.1683142943016.47&__hssc=246290587.5.1683142943016&__hsfp=3965019258">⁠⁠⁠⁠⁠⁠https://aspenfunds.us/report⁠⁠⁠⁠⁠⁠</a> </p> <p>Join the Investor Club to get early access to exclusive deals. <a href="https://www.aspenfunds.us/investorclub?__hstc=246290587.67b267cefeb24c583e898546b521a8ae.1674672527158.1683056261292.1683142943016.47&__hssc=246290587.5.1683142943016&__hsfp=3965019258">⁠⁠⁠⁠⁠⁠https://www.aspenfunds.us/investorclub⁠⁠⁠⁠⁠⁠</a> </p> <p>Subscribe on your favorite podcast app, so you never miss an episode. <a href="https://www.thebillionairepodcast.com/subscribe">⁠⁠⁠⁠⁠⁠https:/