In recessions indiscriminate credit card borrowing really comes back to bite lenders. Additional worry is distress borrowing -> lenders tighten standards inducing a pro cyclical squeeze. At least that is what this data seems to suggest. @BittelJulien via @SoberLook https://t.co/jhm4G1DjSE
RT @TheStalwart: Incredible. One of the most crucial links in the supply chain, has been for years, built on the
October 21, 2021
RT @TheStalwart: Incredible. One of the most crucial links in the supply chain, has been for years, built on the premise that some workers…