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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: bart13 who wrote (81537)5/7/2007 6:11:17 PM
From: TimbaBear  Read Replies (4) of 110194
 
Bart

I saw today that the rate of consumer borrowing went up much more than expected. I suspect tapped out US consumers are financing the lifestyle-to-income shortfall by racking up the credit card debt they paid down several years ago through serial refinances.

Would it be a reasonable hypothesis to suggest that if consumer spending was not rising at the same pace as consumer borrowing , that this may point to an overburdened consumer financing day-to-day expenses?

Do you have anything that compares consumer spending to borrowing?.....Like kind to like kind.....say credit card to non-durable spending or something like that....

Timba
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