The Debt Slaves are beginning to buckle under their loads.
Honolulu rents plunge 19%. Landlords scramble. Check the 100 most expensive markets.
The divide in economic confidence has become extreme.
Santander, top subprime auto lender, verified income on only 8% of loans: Moody’s
With a tinge of bitter irony and perhaps desperation.
“Rising household debt load” to “suppress consumption, including eating out.”
Lowest Level in Fed’s Data. The wallet does something embarrassing.
Despite record incentives, sales decline speeds up, inventory bloat spreads to zombie malls.
The economy depends on them, but they’re cracking.
Lousy consumer spending and the “weather.” Inflation hits Fed target.