This is the evidence that in 2022 Q4 or at the end of the year, credit card debt is growing crazily and even surpasses the all-time high (ATH), meaning that it will become a time bomb. When this bomb explodes, it usually triggers an economic crash, like what happened in 2019. Although it was not a major economic crisis at that time, the impact of the tremendous default payment was definitely felt. Looking back at 2008, when the debt bomb exploded and the economy plummeted, it took a long time for the economy to recover. Therefore, anything based on excessive and unclear debt is very bad for the economy of that country.