U.S. banks, already under pressure from slower loan growth and low interest rates, could be facing yet another challenge as a rising number of Americans fall behind on their credit card payments.
Source: Ned Davis Research
Best regards,
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Hi @ayusor
It'll be interesting to see what happens. I can't imagine how they can keep this up. They topped US$21 trillion in depth recently.
Thanks for the info man.
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High debt + Low Saving Rate + Increasing Delinquency Rates = DANGER
Thanks @dpl
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Let us use some data to get to the real story.
Let's get real with the scaremongering
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Hi @carrinm
Would you suggest everything is is looking up?
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