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The party's over.
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The debt remains.
Source Data:
St. Louis Fed: Custom Debt Growth Chart
St. Louis Fed: Custom Debt Chart
Real Estate Newsletter Articles this Week: Existing-Home Sales Increased to
4.15 million SAAR in November
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At the Calculated Risk Real Estate Newsletter this week:
[image: Existing Home Sales]*Click on graph for larger image.*
• NAR: Existing-Home Sales Increase...
17 hours ago
1 comment:
Some argue that the debt is dangerous and I cannot disagree.
However, I would argue that continuing to party is even more dangerous. It is the debt that made it possible.
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