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Cory’s Chart Corner
Humans just repeat the same old themes decade after decade. Today there is far more debt to service, thus greater financial impact on spending. Ask Walmart's CEO if he's noticed any change in consumer behavior while the U.S 10 years hits 5%.
Grant Cardone @GrantCardoneDon’t forget in April of 2007 10 year hit 5.3% and by October of 2008 they were 2%.
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Daily Archives: October 12, 2017
Household debt steals from future growth and prosperity
For decades, the financial industry has insisted that it is a crucial engine to economic prosperity by increasing access to credit and ‘investment’ opportunities. Widespread acceptance of this narrative by governments and individuals alike, has led to decades of increasingly … Continue reading
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Understanding privilege
To be sure, great opportunity and privilege do not necessarily lead to successful lives, nor do hardship and strife necessarily lead to under-achievement. There are outliers on all sides. And different people rightly have different ideas of what achievements are … Continue reading
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