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Old 02-13-2019, 08:58 AM  
BaldBastard
Too lazy to set a custom title
 
Industry Role:
Join Date: Jan 2001
Location: Sydney
Posts: 16,732
Quote:
Originally Posted by OneHungLo View Post
Hey I'm just using the dataset that was used for the article.



Dude you don't have to be "well off" to have a good credit score. Trust me, I see many people that work regular jobs making 40k a year with good credit.


The bottom line is, it's baiting dummies like bladewire who seek out bad economic news to masterbate to.
How do you explain Zerohedge:

We doubt today's milestone will be celebrated on Trump's twitter account.

And while some can argue - especially adherents of the socialist Magic Money Tree, or MMT, theory - that there is no reason why the exponential debt increase can't continue indefinitely... the CBO's long-term forecast of debt issuance is, basically, apocalyptic

https://www.zerohedge.com/news/2019-...ps-22-trillion

… Of course, at some point the market will finally start focusing on America's long-term - and very much unsustainable - debt picture as the CBO has warned year after year. When it does, and when there is another major selloff in stocks, US Treasurys will no longer be the "safe haven." If and when that happens, that will be the signal that the time to get out of Dodge has finally arrived.

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So according to your goto finance site, the trajectory trump has the USA economy going is.. apocalyptic
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