Credit crunch? It is beginning to look that way for American households. Was it the precipitating shock? Was it induced

Credit crunch? It is beginning to look that way for American households. Was it the precipitating shock? Was it induced by real contraction? Demand/supply? One way or another, it has contracted. @ANZ_Research via @SoberLook
Remember debating this with @JWMason1 in the spring https://t.co/D7uVKvpbzZ

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