How expensive is US consumer debt?
— The Kobeissi Letter (@KobeissiLetter) June 20, 2024
Personal interest payments as a percentage of disposable personal income have spiked to 2.5%, the highest since the 2008 Financial Crisis.
Over the last 2 years, consumer interest costs have surged at a record pace relative to income.
This is… pic.twitter.com/vBRuJ2Lvsp
In Russia, back to the Middle Ages??
https://www.dailymail.com/news/article-16182289/Russian-hospitals-hundreds-people-quarantine-amid-fatal-pneumonic-plague...