Loan-to-deposit ratio has seen the sharpest rise since the 1990s
This is the result of consumer borrowing increasing at an unprecedented pace pic.twitter.com/gKl61K9iQN
— Bravos Research (@bravosresearch) June 29, 2023
“We’re in an inflationary debt bubble, meaning that consumers are using credit to chase inflation. Based on the assumption that interest rates are coming down soon.
Rates can only come down if consumers delever and/or asset markets crash.”
We're in an inflationary debt bubble, meaning that consumers are using credit to chase inflation. Based on the assumption that interest rates are coming down soon.
Rates can only come down if consumers delever and/or asset markets crash. pic.twitter.com/mUER4nSBdb
— Mac10 (@SuburbanDrone) June 29, 2023