Consumer credit barely grew in April as March revised negative; spending went negative. Household debt hit $17.7 trillion. Defaults climbing. June 8, 2024 8:18 am
Krugman’s Grossly Misleading Inflation Victory Declaration … BUT Purchasing Power Of US Dollar Is Down -16.5% Under Biden (Food Prices UP 21%, Home Prices UP 34%, Used Car/Truck Prices UP 17.7%) June 4, 2024 8:48 am
A crisis waiting to explode: American household debt hits $17.7 trillion and counting. Consumers are pulling back May 15, 2024 9:12 am
In June, the total amount of money owed to finance companies (Consumers, Real Estate, Business) increased 17.7%. In the first quarter, the interest rate for new car loans was 6.4% with a maturity of 66 months financing $39,066. For used cars, 15.7% with 66 months financing at $23,537 August 31, 2023 9:09 pm
Barclays offered and sold $17.7 billion in securities, SEC requests an extension. June 1, 2023 10:29 pm