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RE: ✴️ Chart of the Day: Rising US Delinquency Rates✴️

in #money7 years ago

Let us use some data to get to the real story.

  1. Interest rates are rising which is good for banks
  2. The chart is for mortgage delinquencies and is 2 years out of date.
  3. Here is a chart of 10 year credit card delinquencies - hardly scary

IMG_0314.PNG

Let's get real with the scaremongering

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Hi @carrinm

Would you suggest everything is is looking up?