Shocking Consumer Credit Numbers: Everyone's Maxing Out Credit Cards Ahead Of The Recession
America sleepwalking with empty pockets into the rainy day before a Cat 5 Hurricane.
Shocking Consumer Credit Numbers: Everyone Is Maxing Out Their Credit Card Ahead Of The Recession
BY TYLER DURDEN
FRIDAY, MAY 06, 2022 - 03:54 PM
While it is traditionally viewed as a B-grade indicator, the March consumer credit report from the Federal Reserve was an absolute shocked and confirmed what we have been saying for month: any excess savings accu…
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