SteveDave: A person who doesn’t understand and apparently never will - that multiple things can be true at the same time.
Trillions in deficit spending to get marginally tepid GDP growth, a housing market facing major interest rate headwinds and a Federal Government that’s facing $1.5 trillion or thereabouts in interest on its debt in the next 12 months, and a Fed that’s on the cusp of being $250 billion in the hole and facing 5 plus years before they can start meeting their legislative mandates
Revolving credit at 2007-2008 default levels and auto loans the same, home loan interest rates at plus 7%
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