• Re: Credit Card Defaults Spike to Highest Level Since Aftermath of 2008

    From Peter Jason@21:1/5 to smythlejon2@hotmail.com on Thu Jan 2 11:04:47 2025
    XPost: alt.computer.workshop, alt.fan.rush-limbaugh, alt.politics.republicans XPost: talk.politics.guns, misc.immigration.usa

    On Mon, 30 Dec 2024 12:11:54 -0500, John Smyth
    <smythlejon2@hotmail.com> wrote:

    Aren't we supposed to be in the best economy ever thanks to Joe Biden
    and his inflation reduction act coupled with Bidenomics?

    'Credit Card Defaults Spike to Highest Level Since Aftermath of 2008 >Financial Crisis'

    Credit cards became endemic ever since Reagan unleashed the banks as speculators in the early 1980s.
    God knows the effect of Madison Avenue on the poor people, except Dr
    Goebbles might be justifiably proud.
    In spite of all the largess doled out by the Keynesian, these Ivy
    Leaguers have no way to claw back this largess when things get out of
    hand.
    Interest rates? Christ! people just factor these in and spend on!

    Scamper on; ye Lemmings!

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From chrisv@21:1/5 to Peter Jason on Wed Jan 1 18:27:09 2025
    XPost: alt.computer.workshop, alt.fan.rush-limbaugh, alt.politics.republicans XPost: talk.politics.guns, misc.immigration.usa

    Peter Jason wrote:

    Credit cards became endemic ever since Reagan unleashed the banks as >speculators in the early 1980s.
    God knows the effect of Madison Avenue on the poor people, except Dr
    Goebbles might be justifiably proud.
    In spite of all the largess doled out by the Keynesian, these Ivy
    Leaguers have no way to claw back this largess when things get out of
    hand.
    Interest rates? Christ! people just factor these in and spend on!

    Scamper on; ye Lemmings!

    I nominate the above for Post of the Day.

    --
    "your hostility and active resistance creates/increases doubt" -
    lying asshole "-hh", lying shamelessly

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    * Origin: fsxNet Usenet Gateway (21:1/5)