/biz/ - Business & Finance

>>50305798
Revolving credit is rising. Revolving credit is typically spent on consumer goods.
People are spending, but they aren't spending within their means, or depleting savings. They're borrowing using high interest instruments.

This suggests there isn't much left gas left in the tank to take on an inflation spike.

The house of cards falls when consumers can no longer service that debt, because consumer debt is currently used as collateral for institutional debt. That's what this whole shebang is all about, nobody really gives much of a fuck about inflation, your standard of living, or how much chucklefucks at your company make.

It's all about how much pain the poor can take before they fold, and where that sweet spot of maximum exploitation is. Like a cowboy racing through the desert to save his big titty gf, pushing the horse just fast enough that it doesn't die.

Bout to have a babby and I'm not gonna have time to babysit my trades for the next 6mo
Should I just dump everything into SH and just check out until 2023?