China To Exceed US Credit Card Use By 2020

We don’t need to worry about China getting ahead, Mastercard said today that China is set to surpass the US by 2020 in America’s favorite pastime: using credit cards. It will only be a matter of time after that they implode on a consumer credit bubble, muahaha, exactly as we planned. See, you’re not the only ones that can export poison!

Mastercard Sees Surge In China Credit-Card Use [WSJ via Lowcards]