Weak demand for U.S. consumer loans fuels spending outlook worries

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A sharp drop in demand for U.S. auto and credit card loans could point to a trou...

Source: Loan Digest (loandigest.net)

 

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We are already in a recession, people just don’t realize it yet.

Could it be that the average American is starting to process his tax return and coming to the realization that they're paying more this year? They don't want to go in debt.

Well yeah, you've got an entire generation of people that are just now climbing out of a 10 year hole. Adding more debt was never the plan.

Well, instead of trying to bait people with bad credit to buy, why not reduce the price of merchandise so people can buy things?Maybe it's time now for a deflation of the market place across the board.

Disruptor in Chief at work again

Thanks Trump!

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