Credit Just Plunged, Here's What It Means For The Economy

Credit card balances crashed in November, according to the latest data from the Federal Reserve.

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Credit card balances crashed in November, according to the latest data from the Federal Reserve. That's a major warning but not about spending. With such a negative signal instead relating to jobs and the labor market, why the hell are LT rates...rising? The answer to the question can be found in Canada and Germany.

Video Length: 00:19:19


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