This is a sign of consumers faith in bailout!

September 18, 2023 10:10 pm by CWR

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Bloomberg: Credit Card Debt at $1 Trillion Is a Sign of Consumer Strength [LOL!]

h/t Ok_Significance_4008

See also Peter Schiff: Philly Fed survey plunges to -16.4; rising costs, falling revenues signal stagflation. Jim Bianco: If bonds lose faith in the Fed, yields will surge.