NY Fed: "Household Borrowing Grows Modestly; Credit Card Delinquencies Rise"
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From the NY Fed: Household Borrowing Grows Modestly; Credit Card
Delinquencies Rise
The CMD’s latest Quarterly Report on Household Debt and Credit reveals ...
23 minutes ago
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6 comments:
Saturday Night Live was in top form!
http://www.nbc.com/saturday-night-live/video/china-cold-open/1178451
and to think we've gone $2T into debt with China for goddamn "smartphones".
yesterday I popped into Radio Shack to pay another $20 on my dumb phone -- I pay $80/yr for my phone service. Sprint (via its Virgin MVNO) is I assume losing money on this deal so I can't complain.
Man we're getting sold down the river, borrowing trillions to entertain ourselves.
http://www.census.gov/foreign-trade/top/dst/current/deficit.html
The only thing that's going to save us is diluting the dollar to stiff our creditors, but without the corresponding wage inflation, that's no fun road either.
Mo' money, mo' problems.
Hey, Wasatch is edging into your territory (i.e., expo trends).
Nope, not trying to move in on Mark's turf. Just got curious about what the CPI would show for food only and it smacked me in the face.
Totally tongue-in-cheek, Scott.
The exponential trend failure space is vast. I'm not worried about a little competition to force down my blogging income.
Disclosure: $0 earned blogging since 2007, lol. ;)
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