Does the Biden administration know they put this article out?.
Who cares man, TV prices are down!!!
I guess Biden will forgive those loans too, then print money to pay the banks.
It seems counterintuitive, but it is bullish in the stock market when people borrow to buy more stocks.
Likewise, it is bullish for the economy when people borrow to buy more shit. Delinquencies aren’t great of course but delinquencies don’t mean defaults.
This is also coming directly out of the holiday season where people spend more than they typically do other parts of the year. I know my CC bill was about double a normal month…
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Does the Biden administration know they put this article out?.
Who cares man, TV prices are down!!!
I guess Biden will forgive those loans too, then print money to pay the banks.
It seems counterintuitive, but it is bullish in the stock market when people borrow to buy more stocks.
Likewise, it is bullish for the economy when people borrow to buy more shit. Delinquencies aren’t great of course but delinquencies don’t mean defaults.
This is also coming directly out of the holiday season where people spend more than they typically do other parts of the year. I know my CC bill was about double a normal month…