☆ Yσɠƚԋσʂ ☆@lemmy.ml to news@hexbear.netEnglish · 5 months agoAmericans have depleted their excess savings and are now depleting their credit lines as well. The percentage with delinquent credit card debt is approaching the peak at the end of the dotcom bubble.www.telegraph.co.ukexternal-linkmessage-square67fedilinkarrow-up1157arrow-down10cross-posted to: usa@lemmy.ml
arrow-up1157arrow-down1external-linkAmericans have depleted their excess savings and are now depleting their credit lines as well. The percentage with delinquent credit card debt is approaching the peak at the end of the dotcom bubble.www.telegraph.co.uk☆ Yσɠƚԋσʂ ☆@lemmy.ml to news@hexbear.netEnglish · 5 months agomessage-square67fedilinkcross-posted to: usa@lemmy.ml
minus-square2Password2Remember [he/him]@hexbear.netlinkfedilinkEnglisharrow-up53·5 months agosomehow the impending crash will make housing more expensive, not less Death to America
minus-squareDragonBallZinn [he/him]@hexbear.netlinkfedilinkEnglisharrow-up51·5 months agoRule number one of anglonomics: the economy is good? Excellent, that adds value to property values! The economy is bad? Oh no, but at least property values are going to go up.
minus-squaregoferking0@lemmy.sdf.orglinkfedilinkEnglisharrow-up7·5 months agoGotta make it cheaper for the corporations to buy up for them to then jack up renting markets
somehow the impending crash will make housing more expensive, not less
Death to America
Rule number one of anglonomics: the economy is good? Excellent, that adds value to property values!
The economy is bad? Oh no, but at least property values are going to go up.
Gotta make it cheaper for the corporations to buy up for them to then jack up renting markets