CREDIT FUELED CONSUMPTION SUSTAINING ‘AMERICA DREAM’ (OR BASIC SURVIVAL FOR MOST!) In 1980, household credit market debt stood at $1.3 Trillion. To move consumption, as a percent of the economy, from 61% to 67% by the year 2000 it required an increase of $5.6 Trillion in debt. Since 2000, consumption as a percent of the economy […]
MATA Themes
SII US Retail, THEMES Economic Payday Loans, THEMES Economic Sub-Prime Economy
TRIGGER$ September 2017
DISPOSABLE VERSUS DISCRETIONARY INCOME OF BOTTOM 80 PERCENTILE DOOMS US RETAIL TO SECULAR STAGNATION!
DISPOSABLE VERSUS DISCRETIONARY INCOME OF BOTTOM 80 PERCENTILE DOOMS US RETAIL TO SECULAR STAGNATION!