Two interesting and interconnected, at deeper level, headlines of the holidays’ season have caught my attention. Households, credit cards and the banks The first one came courtesy of the Washington Post. Titled “Americans’ near-record levels of credit card debt is helping bolster banking industry”, the article collated data from the top US banks and S&P Global Markets Intelligence to show that the US banks have earned record-breaking $113 billion in interest and fees on credit cards in 2018. And the number is rising. At JPMorgan Chase, the largest domestic US banking institution by assets, credit card sales are up 10 per…