James Bianco, president of Bianco Research LLC, and Mort Zuckerman, chairman and chief executive officer of Boston Properties Inc., talk about Europe’s sovereign-debt crisis.
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Cory’s Chart Corner
Load MoreNot sure why this is so shocking to folks...the data is all around us. h/t @FroehlichThors1
Thorsten Froehlich @FroehlichThors1I mean - guys - this is real
since 1 April 2021, post COVID
(1) Savings rate dropped 90%
(2) Credit card balances up 28%
(3) # of credit cards up 62% (more credit cards / capita)_________________________
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Just five years ago the sub-primes were contained. The unraveling and containment keeps expanding. And now it comes to this….. with containment continuing to expand.