Credit Card Debt Surpasses $1 Trillion. What Now?

2-Time NYT best-selling author Carol Roth says Wall Street is doing their best to prep for an economic 'soft landing'. In the meantime, however, regular Americans just topped a trillion dollars worth of credit card debt at a time when Fitch just downgraded the country's rating. What happens to the economy next if individual consumers can no longer put off their debt payments?