The New CS Board

[jumanji0881]

Broke, But Full Of Hope - Is This The Scariest Chart In The World? : https://www.zerohedge.com/news/2018-01-12/broke-full-hope-scariest-chart-world

My comment: The amount of consumer debt just keeps getting growing. Short the Credit Card Companies (V & MA) prior to the next recession. Also, given the projected national debt and private debt, the Fed will be forced to implement QE4 and that will propel the PMs (gold and silver) much higher. When this debt dam breaks it will be a 100 year flood.

Excerpt:
According to the Fed’s bean counters, U.S. consumers racked up $28 billion in November in new credit card debt and in new student, auto, and other non-mortgage loans. This amounted to an 8.8 percent increase in consumer borrowing. It also ran total outstanding consumer debt up to $3.83 trillion.