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News • 11 months ago

'YOLO spenders' have created a 'super-duper' credit bubble in the US economy, top economist David Rosenberg says

www.businessinsider.com

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'YOLO spenders' have created a 'super-duper' credit bubble in the US economy, top economist David Rosenberg says

www.businessinsider.com

@return2ozma to

News • 11 months ago

As "YOLO spenders" have financed more and more spending with debt, Rosenberg said the consumer credit default cycle has already arrived.

Chat

themeatbridge
link
15•11 months ago
Credit card bailout coming in 5… 4… 3…
- @[email protected]
  link
  fedilink
  39•11 months ago
  Bailing out the credit card companies but not the people, of course

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