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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Jim Willie CB who wrote (5950)1/23/2004 12:09:33 PM
From: mishedlo  Read Replies (1) of 110194
 
Bankruptcy filings in 2003 may hit high

With consumer debt rising, personal bankruptcies in 2003 are expected to hit an all-time high.
Nationwide, bankruptcy filings are projected to reach 1.6 million, according to Economy.com which provides economic and financial research. That compares with 1.5 million in 2002.

Experts say the bankruptcies are driven by rising consumer debt and a lackluster job market.
oregonlive.com
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Inflation comes AFTER these max out IMO, not before
(and I do not think we are even close)

M
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