

News: New Report Shows "Shocking Data...Not Seen Since 2008"
Sep 29, 2023
Podcast explores alarming rise in credit card debt and delinquencies, predicts continuation of credit card losses despite booming economy. Goldman Sachs predicts resilient economy amid anomaly. Report reveals rise in delinquencies in credit card losses even outside of economic downturns. Speakers discuss impact of societal norms on media and speculate on credit normalization cycles.
Chapters
Transcript
Episode notes
1 2 3 4 5
Introduction
00:00 • 2min
Rising Credit Card Losses and Similarities to the 2008 Recession
02:03 • 3min
Goldman Sachs Predicts Resilient Economy Amid Anomaly
04:55 • 3min
Analysis of Credit Card Loss Cycles and Recession
07:26 • 3min
The Impact of Societal Norms on Media and Speculation on Credit Normalization Cycles
10:13 • 2min