9.24% of all loans delinquent
Tyler just posted this 30-year look at loan delinquincies. Note how much uglier this spike is than our last “recession”. Also look at yesterday’s post on personal income.
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1 Comment
This is clearly an economy starved of credit. Feed it more. Given enough time, we will shrug off our reckless ways. Promise. Just don’t cut off that sweet, sweet debt.