To misquote a popular Australian film of the 1980s, "that's not a debt this is a debt.." Australian HH debt:GDP ~125% in the US ~80% #USecopic.twitter.com/eUeAdeiTJM
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To misquote a popular Australian film of the 1980s, "that's not a debt this is a debt.." Australian HH debt:GDP ~125% in the US ~80% #USecopic.twitter.com/eUeAdeiTJM
If the consumer credit cycle in Australia isn't turning I'm a monkeys uncle 
Consumer credit from the RBA is comprised of components that haven't recover post-GFC, like margin lending...
Yes but I mean looking forward from here.
Finance approvals for holidays, household goods & cars are all looking as if they've peaked - consumer's tapped out? #ausecon #ausbizpic.twitter.com/4SreXukzjm
I assume that a lot of the spending on durables has come from home equity withdrawal from re-financing. If that hasn't stopped it's slowed
isn't the fact that we have rising income make our increasing debt even more damning? @jeff_poarch article idea...
Waving a hand at rising student loan debt when it's student-loanees propping up the national economy at present is shortsighted at best.
Hahahaha
Instantly recognized that photo being in Chicago based on the architecture alone
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