JUST IN: Credit card delinquency rates continue to rise sharply, now at March 2020 levels.
— The Kobeissi Letter (@KobeissiLetter) October 16, 2023
The delinquency rate on credit card debt for those aged 18 to 29 is now at 9%.
For those aged 30 to 39, delinquency rates are up to 7.5%.
Delinquency rates have more than doubled from… pic.twitter.com/Xszaf6vXzi
Stark data center realities
https://www.zerohedge.com/technology/explosion-data-centers-fueling-third-wave-inflation?utm_source=daily_newsletter&...