Replying to Avatar Carl B Menger

BREAKING: Americans are MISSING debt payments as if there is a RECESSION.

US consumer serious delinquency rates (90+ days) in credit card debt jumped to 11.4%, the highest in 13 YEARS.

They are rising at the pace seen in the Great Financial Crisis of 2007-2009.

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Baerwaldt ⚡️ 10mo ago

2008/2020. Bust boom.

I think I know how to fix it

Lower interest rates, increase m2? Is that right?

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