Consumer Credit Hits Record $5 Trillion, Credit Card Rates Also Record High

by Mish Shedlock, Mish Talk: Total consumer credit, revolving credit, and credit card interest rates all hit new record highs in November. Adjusted for inflation, revolving credit is approaching the record high hit during the Great Recession. TRUTH LIVES on at https://sgtreport.tv/ Revolving Consumer Credit in Billions of Dollars Nominal and Real In real, inflation-adjusted terms […]

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