Consumer Debt is increasing. That’s the bad news

Bill Conerly reported in Banner Bank’s Businomics Newsletter that consumer credit has been increasing for more than a year only because people are increasing federal student loans. Student debt is already close to a trillion dollars, a long term drag on disposable income. 

About Russellsclearskies

Writing to poke fun at a retired klutz like me who's curiously exploring the absurdities and complexities of the good life. .
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