The Cost of Servicing Credit Card Debt is Skyrocketing
Minimum payments rising removes money from consumption. While many points to the delinquency rate being low
my response to that is "it works great until it doesn't". By the time delinquency spike, it will be too late.
Credit cards are Americans' savings. A hiccup in the economy will cause pneumonia in my view.
my response to that is "it works great until it doesn't". By the time delinquency spike, it will be too late.
Credit cards are Americans' savings. A hiccup in the economy will cause pneumonia in my view.
Note
Credit card debt servicing continues to rise parabolically! Pay off those credit cards!
Real Macro Economic Investing
patreon.com/Realmacro
patreon.com/Realmacro
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Real Macro Economic Investing
patreon.com/Realmacro
patreon.com/Realmacro
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.