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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: bart13 who wrote (120802)7/14/2016 12:44:50 AM
From: John Vosilla  Read Replies (2) | Respond to of 218633
 
I'm also far from certain that we haven't already completed private deleveraging, as a quick glance at both real estate lending and credit card borrowing will show, as well as total credit stats.

Yeah it's over on the mortgage side. Total mortgage debt now well below the last peak with those who held on paying down a lot of principal as the years go by and foreclosure activity any way you measure it is at over a ten year low.. To counter that we have auto debt, credit card and student loan debt steadily climbing at new highs. However total consumer debt is less than half of mortgage debt. Lots of homeowner equity to be tapped which along with new fiscal spending next administration in a very low rate environment keeps the party going a few more years?



To: bart13 who wrote (120802)7/14/2016 10:21:45 PM
From: RetiredNow  Read Replies (1) | Respond to of 218633
 
Agree with most of your post. We could always try more socialism, because it has worked soooo well in Venezuela...

Venezuela army deployed to control food production and distribution

bbc.com