NYC_George
Well-Known Member
Americans have depleted their excess savings from the pandemic and are now depleting their credit lines as well. The St Louis Fed says the percentage with delinquent credit card debt has hit double digits and is approaching the peak seen at the end of the dotcom bubble So if you own a home in Saratoga, you rent the place out for 3 days and go live in a tent in one of the parks there. You take the $15,000.00 rental fee and pay down your credit card debt. Everyone else has no way out of the mess they gotten them self into. I read all these articles about what's coming in the next few months, it doesn't look good.
Swal
Swal

