Supply Shock cover image

The Interest Rate Shock Hasn't Been Felt Yet | Cameron Dawson

Supply Shock

CHAPTER

The Implications of Credit Card Debt

This chapter delves into the level of credit card debt in the economy and its potential implications. It analyzes debt levels, default rates, and the impact of high interest rates on credit cards. The speakers also question the competition among credit card companies to offer attractive rewards and the potential subsidy of lower-income individuals.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner