Consumer Credit Jumps By Most In 10 Years

Posted By on January 9, 2012

Yep, everybody and their brother are out buying things…the mystery is, that the consumer is re-leveraging while most of their assets are deflating fast.  This will be double trouble.  PIMCO, Bridgewater and Soros have recently been warning about this.

Heads up…the just released G.19, aka Consumer Credit  data from the Fed shows a stunning November in which U.S. households borrowed a 10 year high $20.4 billion.  The bulk of this monster pile relates to new autos and student loans.  About 23% or $5.6 billion of that total was revolving credit.

www.zerohedge.com

About the author

Comments

7 Responses to “Consumer Credit Jumps By Most In 10 Years”

  1. Sausalito Ferry Schedule

    I am genuinely happy to read this blog posts which carries lots of valuable data, thanks for providing these information.|

  2. free ads says:

    free classified without registration

    Classifieds Ads sees all free,} knows all.Try sell and buy you’ll like it.Pets,Business,Real Estate,Vehicles ads shows good taste,Our jobs offer is bigger!

  3. nice} says:

    The Stated Truth

    […] What web host are you using? Can I get affiliate hyperlink in your host? I want site loaded up as quickly as yours lol[…]

  4. Don Tigert says:

    Don Tigert

    Look this ripoffreport from ripoffreport.com Don Tigert Don Tigert Don Tigert Don Tigert Don Tigert Don Tigert sala rodd sala rodd sala rodd sala rodd sala rodd sala rodd sala rodd sala rodd park ward park ward park ward park ward park ward park ward p…

  5. BROCKSTAR BY BRIAN NELSON WILLIS

    Look this ripoffreport from ripoffreport.com Don Tigert Don Tigert Don Tigert Don Tigert Don Tigert Don Tigert sala rodd sala rodd sala rodd sala rodd sala rodd sala roddBRIAN WILLIS Brockstar,BROCKSTAR BY BRIAN NELSON WILLIS,Richard Ellenbogen – Bever…

  6. …Take a look for more Information on that topic

    […]Wow, awesome blog format! How long have you been blogging for?[…]

  7. nice} says:

    …Recent Blogroll Additions

    […]The entire glance of your site is wonderful, let smartly as the content![…]

Leave a Reply

You must be logged in to post a comment.

Copyright © 2019 The Stated Truth