Hello, fellow rebel capital, hope you're well.

So we've got some huge stories today.

We're starting off talking about how credit card debt is exploding, obviously the sign of a booming economy.

Also, we're going to be talking about how the wealth gap, looking at my charts right here, is getting increasingly wide. And what does that

mean for society at large? What does that mean for a possible recession going into 2025?

And then what is this vibe session? Nonsense. We hear it everywhere in the mainstream media

today. This is basically them trying to explain away why everyone thinks the economy is,

let's just say in the toilet, keep things kid friendly.

When they say everyone thinks the economy is bad, but look, it's actually booming.

They just have sour grapes.

It's all those people in the art right and the far right.

Those Trumpers or whatever the heck they're calling them now, the deplorables.

All right.

Let's get into what is happening right now with credit card debt and try to think through what this means for the overall economy.

Like I said earlier, it is exploding to all-time highs.

Check this out.

We're going to start by looking at CNBC title credit card debt set to it record levels as consumer

holiday spending rises.

Now that at surface level, you're like, okay, maybe consumers spending more, I don't know,

might want to save a little bit more, but this doesn't necessarily imply that the economy is struggling.

Let's keep going here.

Key talking points.

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