/biz/ - Business & Finance

Anonymous Mon Apr 3 22:05:49 2023 No.54452836 [View]
File: 89 KB, 1340x776, debt.png [View same] [iqdb] [saucenao] [google]

>>54452642

Prices have to come down to meet buying demand and they will eventually. The X factor is how long and severe the recession becomes. If the commercial investors capitulate and dump inventory combined with normies getting foreclosed on it will be a shitshow.

Savings rates are down and credit card usage is up showing that at least a portion of the population is using credit cards to pay bills.

Anonymous Sun Mar 26 00:45:06 2023 No.54326181 [View]
File: 89 KB, 1340x776, debt.png [View same] [iqdb] [saucenao] [google]

>>54325892

I'm not hoping for anything I'm merely looking at data and trying to understand where things are going. Based on this it means that inflation has already chewed through the paycheck to paycheck crowd and people are using credit cards to pay bills.

Once you start dong that it's just a matter of time to defaults.

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/biz/ - Business & Finance

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