Trillions stuff

Written by Michael E Dehn

Founder and CEO of Metro Pulse a continually running enterprise since May 1980.

February 12, 2023

The Kobeissi Letter

@KobeissiLetter

·

The U.S. now has: 1. Record $16.5 trillion in household debt

2. Record $930 billion in credit card debt

3. Record $1.5 trillion in auto loans

4. Interest payments to restart on $1.8 trillion in student loans

5. $11 trillion+ in mortgages We desperately need a soft landing.

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