http://Haejin.com: The brilliant #DrMichaelBurry posted these two charts showing that Consumers are tapped out.
First chart shows US Savings rate is at 45 degreed free fall!
Second chart says Consumer debt which is nearing all time highs.
http://Haejin.com: The brilliant #DrMichaelBurry posted these two charts showing that Consumers are tapped out.
First chart shows US Savings rate is at 45 degreed free fall!
Second chart says Consumer debt which is nearing all time highs.