it's not looking good

[tx_hive_queen]

This is only the beginning...

"Consumers boosted their borrowing in March at the fastest pace in four months, suggesting they are remaining resilient in the face of rising energy prices and a painful housing slump."
Reality check: Consumers aren't borrowing for the fun of it. They are starting to live on their credit cards. They seem to know that

Comments

[eastland]

So true. And yet so hard to accomplish with all our social conditioning.

[tx_hive_queen]

Yeah, I know. the only way to get people to change their ways is to have a disaster.

So I guess that's what is going to happen...