🤣🤣🤣🤣🤣🤣🤣 t.co/oxH5lDpA4H
— Darth Powell 🦈🇺🇲🇺🇦🇵🇱🇫🇮 (@GRomePow) June 8, 2023
US credit card delinquency rates are currently at "normal" 2019 levels but there are some ominous signs for the consumer credit market.
Are we going to see a "newly prime" lending crisis this time? pic.twitter.com/i2xDXpNY3Y
— Boaz (@sobradob) June 1, 2023
Credit Card Debt Keep Surging Even As Interest Rates Hit Record High t.co/xLpLsDCBRQ
— zerohedge (@zerohedge) June 7, 2023
We have had nearly 2 years of inflation at 5%+.
Average new car payment is now $800/month.
Gas prices are up 80% over the last 3 years.
30-year mortgage interest rates are at 7%+.
Credit card debt is at a record $1 trillion.
Have people accepted inflation as the new normal?
We have had nearly 2 years of inflation at 5%+.
Average new car payment is now $800/month.
Gas prices are up 80% over the last 3 years.
30-year mortgage interest rates are at 7%+.
Credit card debt is at a record $1 trillion.
Have people accepted inflation as the new normal?
— The Kobeissi Letter (@KobeissiLetter) June 9, 2023
h/t Simian_Stacker