Banking

How Fed Rate Hikes Impact US Debt Slaves

December 12, 2017 Zero Hedge 0

Authored by Wolf Richter via WolfStreet.com, But savers are still getting shafted. Outstanding “revolving credit” owed by consumers – such as bank-issued and private-label credit cards – jumped 6.1% year-over-year to $977 billion in the […]

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Business

The Biggest Bubble Ever, In Three Charts

December 11, 2017 Zero Hedge 0

Authored by John Rubino via DollarCollapse.com, Each quarter, Credit Bubble Bulletin’s Doug Noland posts a “flow of funds” report that analyzes the debt and securities markets data released by the Fed in its Z.1 Report. […]