This Only Happens When We Are Currently In A Recession


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 Consumer credit has historically been a solid recession signal, particularly how consumers alter their usage of credit cards. Some of that is by choice, for many it is the bank’s. Either way, when this happens it is more compelling evidence backing the rise in the unemployment rate.Video Length: 00:19:22More By This Author:The Job Market Is Starting To Crack
A Really Bad Sign For The Economy
“In A Recession”

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