
News: New Report Shows "Shocking Data...Not Seen Since 2008"
Rebel Capitalist News
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Analysis of Credit Card Loss Cycles and Recession
This chapter examines a report revealing the rise in delinquencies in credit card losses and discusses the unusual trend of accelerating losses even outside of economic downturns. The speakers analyze previous credit card loss cycles, highlighting the role of the yield curve and concluding that the economy is not resilient and in poor shape.
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