When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
SFY - U.S. Household Credit Expanding At Sustainable Level - No Action Needed
SoFi Select 500
The credit problem
We like credit in a general sense. It allows people - righteously - to be able to smooth lifetime consumption. Thus, households should be able to borrow. However, we also know that these things can get out of hand. 2008/09 was largely driven by the massive expansion of credit granted in 2002/05 after all, even if most of that was in mortgages.
It's unlikely that the same mistake is going to be made - not even economists are stupid enough to make the same mistake twice in a row. It usually takes