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Topic Title: Looming credit crisis
Topic Summary:
Created On: 05/16/2019 06:02 AM
Linear : Threading : Single : Branch
 Looming credit crisis   - 3rdworldlover - 05/16/2019 06:02 AM  
 Looming credit crisis   - RustyTruck - 05/16/2019 06:38 AM  
 Looming credit crisis   - dingpatch - 05/16/2019 10:42 AM  
 Looming credit crisis   - SlimyBritches - 05/16/2019 02:09 PM  
 Looming credit crisis   - Cole - 05/17/2019 07:06 PM  
 Looming credit crisis   - RustyTruck - 05/17/2019 07:21 PM  
 Looming credit crisis   - cheaterfiveo - 05/19/2019 05:01 PM  
 Looming credit crisis   - Cole - 05/19/2019 05:33 PM  
 Looming credit crisis   - wtf - 05/19/2019 05:09 PM  
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 05/16/2019 06:02 AM
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3rdworldlover

Posts: 22549
Joined Forum: 07/25/2003

Right back to worse than 2008. This time, it's credit cards instead of borrowing on equity. Inevitable, since the economy is only "booming" at the top, low unemployment is due to record retirement rates, and wage growth is still lagging behind inflation, especially the cost of housing. Rent steadily outpacing wage growth.

http://www.axios.com/credit-cr...be4-b29d72548315.html

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