04-05-2018, 01:00 PM
Two arm chairs:
Peak low unemployment and peak high consumer confidence. Peak high consumer confidence causes a reduction in savings and peak credit usage.
Consumer credit card debt is now the highest it's ever been (higher than before the 2007/8 recession).
So is student loan debt, government debt, corporate debt, vehicle loan debt, I could go on but we're already up to about 6 arms on this chair. Keep partying like it's 1999!
Peak low unemployment and peak high consumer confidence. Peak high consumer confidence causes a reduction in savings and peak credit usage.
Consumer credit card debt is now the highest it's ever been (higher than before the 2007/8 recession).
So is student loan debt, government debt, corporate debt, vehicle loan debt, I could go on but we're already up to about 6 arms on this chair. Keep partying like it's 1999!