Consumers Can Handle Fed Tightening: Their Debts, Delinquencies, Foreclosures, Collections, and Bankruptcies
by Wolf Richter, Wolf Street: But the first upticks in delinquencies from breath-taking record lows are cropping up. Americans are exiting the weirdest economy ever, a two-year period where the Fed threw $4.7 trillion in printed money at the financial markets, thereby inflating further the greatest Everything Bubble ever, printing millionaires and billionaires on a […]
Source: https://www.sgtreport.com/2022/05/consumers-can-handle-fed-tightening-their-debts-delinquencies-foreclosures-collections-and-bankruptcies/
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