thestatedtruth.com | September 6, 2011
So…overall household debt to disposable income has declined minesquely from a peak of 134% in 2007 to 125% currently. That doesn’t exactly set the house on fire as most assets have declined at a faster rate, especially for entities that have not experienced stable or growing revenues (main street America comes to mind). If Dick Stoken is […]
Category: Commentary, Economy, National News, Pensions and Retirement, Personal Net Worth, Real Estate, Wall Street |
4,360 Comments »
Tags: credit contraction, Hard Times, new normal
thestatedtruth.com | December 17, 2010
Debit cards are the new growth area…..”The lowest percentage of shoppers in the 27-year-history of a national survey said they used credit cards over the Thanksgiving weekend, while the use of general credit cards like Visa and MasterCard fell 11 percent in the third quarter from a year earlier, according to the credit bureau TransUnion. “Britt […]
Category: Commentary, Economy, Finance, National News, Wall Street |
No Comments »
Tags: credit card usuage, credit contraction