Consumer Credit Jumps By Most In 10 Years

| 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 […]

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