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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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Daily Archives: July 30, 2015
Saudis racing to diversify away from oil
Saudi Arabia has seen the future and understands that the world is moving away from oil. Eh tu Canada? Saudi Arabia relies on oil exports for around half its revenues, but as low oil prices raise the country’s deficit, non-oil … Continue reading
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Understanding why financial foundations are broken and how they must be restored
2016 political contests should be all about which leaders articulate the most defined plans to support a revolution of our energy, infrastructure and finance systems. All 3 issues are foundational, and present the most obvious opportunity to make dramatic and … Continue reading
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