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US March consumer credit rises $29.67B vs $16.0B exp

Consumer credit outstanding surges

  • Feb credit revised to $14.15B vs $17.21B expected

In the final analysis of this era (about the past 40 years). It will be glaringly obvious that all the marginal growth in the developed world was purely due to credit growth.

Take away credit cards, student loans and a massively overleverage public and there has been progress at all for 90% of people in the developed world.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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