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re: Credit card debt hits new record
Posted on 1/9/18 at 11:23 am to bayou choupique
Posted on 1/9/18 at 11:23 am to bayou choupique
High vehicle pricing, high home pricing with lowest amount of ownership ever, CC debt rising, out of control college loans, cost of living outpacing wage growth, crazy bull market...when is it time to start shorting things?
3
Posted on 1/10/18 at 7:33 am to stout
I know its heresy, but I'm starting to wonder if American capitalism is completely dependent on credit (and particularly irresponsible credit).
Posted on 1/10/18 at 9:03 am to stout
Was about to ask that. How and What do we need to short
Posted on 1/10/18 at 9:10 am to stout
quote:
High vehicle pricing, high home pricing with lowest amount of ownership ever, CC debt rising, out of control college loans, cost of living outpacing wage growth, crazy bull market...when is it time to start shorting things?
I don't think I have ever seen a time where just about every other car I see on the road is new or newer. Feels like some pigs are about to get slaughtered
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