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
@michaelsderby @sam_a_bell It seems she was taking a rubinite line on fiscal policy v. The Bush admin "She has been
@michaelsderby @sam_a_bell It seems she was taking a rubinite line on fiscal policy v. The Bush admin "She has been an outspoken advocate for fiscal