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1,208,418 Views | 12836 Replies | Last: 45 min ago by dimitrig
Cal88
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It does kind of read like it was written by him actually.
movielover
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Florida Red

bear2034
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tequila4kapp said:

Nice statement. The probably that Trump wrote it is less than zero

He may not have physically typed it but I'm sure the words came from Trump.
movielover
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tequila4kapp
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https://www.breitbart.com/politics/2024/12/30/credit-card-defaults-spike-to-highest-level-since-aftermath-of-2008-financial-crisis/

American credit card defaults have risen to the highest levels since the aftermath of the 2008 financial crisis as consumers grapple with years of high inflation.

Credit card lenders wrote off $46 billion in delinquent loan balances in the first three quarters of 2024, a 50 percent increase from the same period last year. These forms of write-offs are are viewed as a highly monitored measure of loan distress.

This is the highest level since 2010, according to industry data gathered by BankRegData.

Mark Zandi, the head of Moody's Analytics, said, "High-income households are fine, but the bottom third of US consumers are tapped out. Their savings rate right now is zero."

The Financial Times wrote that, although banks do not have data for the fourth quarter, there are worrying signs about the state of the American consumer:
Quote:

The sharp rise in defaults is a sign of how consumers' personal finances are becoming increasingly stretched after years of high inflation, and as the Federal Reserve has left borrowing costs at elevated levels.

Banks have yet to report their fourth-quarter numbers but the early signs are that more consumers are falling significantly behind on what they owe. Capital One, the US's third-largest credit card lender, after JPMorgan Chase and Citigroup, recently said that as of November its annualised credit card write-off rate, which is the percentage of its overall loans that are marked as unrecoverable, hit 6.1 per cent, up from 5.2 per cent a year ago.
Odysseas Papadimitriou, the head of consumer credit research firm WalletHub, said, "Consumer spending power has been diminished."
* * *
"Delinquencies are pointing to more pain ahead," Papadimitriou remarked.
Cal88
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^High inflation on high-ticket items (rent, autos, health insurance/healthcare, tuition/student debt) have definitely had an impact here.
movielover
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Biden / Green Economics.
philly1121
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bear2034 said:

tequila4kapp said:

Nice statement. The probably that Trump wrote it is less than zero

He may not have physically typed it but I'm sure the words came from Trump.
Rubbish. And MAGA is furious at the kind words that Trump's assistant wrote. Nothing is sacred to MAGA.
MinotStateBeav
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While MAGA is at war over H1-B...Cal seems to be very much a part of this particular program btw. About 8 tweets down the thread he addresses Cal.
MinotStateBeav
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Actually nm, pls delete.
bearister
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Data: Google Trends. Chart: Jared Whalen/Axios
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Send my credentials to the House of Detention
I got some friends inside
bear2034
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movielover
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New Orleans terrorist attack kills 12; possible terrorist attack at Las Vegas Trump Hotel via Tesla Cyber truck.





movielover
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The New Orleans Police Chief is the former PC of Oakland, Anne Kirkpatrick, who was fired in Oakland after a short stint. DEI?

Earlier in 2024 she hit two pedestrians in the French Quarter.

bear2034
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Bearister, let's both get cybertrucks this year.
concordtom
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Breaking News:
She's really sexy!



philly1121
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bear2034 said:


Hey 34, if Hochul needs to resign, then so does Jeff Landry, right? Got to play things equally, yes?
movielover
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Liberalism ...

movielover
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Musk: only the AfD can save Germany.

LudwigsFountain
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concordtom said:

Breaking News:
She's really sexy!




Reminds me of the time I went out of town with two co-workers, a married man and a single woman. When we checked into our motel, the clerk tossed three keys on the counter and we picked them up. Turns out the man and woman took the keys for which the other person was registered. When the man's wife called that night she was connected to the woman, who she knew through company events. Our somewhat naive employee just said, "Oh, he's not here; I'll go get him." Needless to say he, as Lucy often did, had some splaining to do.
concordtom
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Ha!
Thx. That's funny.
concordtom
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Or, actually, maybe that's just the story YOU fell for, along with the wife!
concordtom
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She was a penthouse you know what.


I never knew the show Modern Family before. Looks funny.
philly1121
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movielover said:

Liberalism ...


movie lover wants that trad wife lifestyle The womens are getting too smart and being selective with their partner choosing. If only Dylan Roof had a girlfriend. Movielover sides with the incels.
bearister
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concordtom said:

She was a penthouse you know what.


I never knew the show Modern Family before. Looks funny.

Pet of the Year.

My son loves the show. It is not my kind of humor. How the actor that plays Steve and the actress from Happy Gilmore that plays his wife ever won awards is beyond me. I guess I am just a disciple of Woody Allen/Larry David comedy writing. Marty Funkhouser (the late Bob Einstein) is my ideal character in a comedy.
Cancel my subscription to the Resurrection
Send my credentials to the House of Detention
I got some friends inside
concordtom
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philly1121 said:

movielover said:

Liberalism ...


movie lover wants that trad wife lifestyle The womens are getting too smart and being selective with their partner choosing. If only Dylan Roof had a girlfriend. Movielover sides with the incels.



Chicks dig the long ball, not the bowl cut.
He tried, they said "no".





But I agree with you, a little ***** goes a long way!


concordtom
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bearister said:

concordtom said:

She was a penthouse you know what.


I never knew the show Modern Family before. Looks funny.

Pet of the Year.

My son loves the show. It is not my kind of humor. How the actor that plays Steve and the actress from Happy Gilmore that plays his wife ever won awards is beyond me. I guess I am just a disciple of Woody Allen/Larry David comedy writing. Marty Funkhouser (the late Bob Einstein) is my ideal character in a comedy.



Fair enough, but for the record, I have never seen a full episode of curb your enthusiasm. Only a few clips here and there.
concordtom
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"sure, I find her attractive. But I would never act on it so long as my wife is alive!"

Come on, that was hilarious!!!
dimitrig
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concordtom said:

Breaking News:
She's really sexy!






I was in the market to buy a new car. Parked behind me at the gas station was a plug-in hybrid I was considering buying so while waiting for my tank to fill I asked the owner some questions about it. She was really chatty and shared a lot about her personal life (kids, husband's profession, etc). She folded down the back seats to show me and we talked long after my car had filled up.

Did I mention she was attractive? Yes, she was a bit younger than I am and very attractive. Maybe I dragged the conversation on longer than I could have because I enjoyed talking to her. She didn't mind. She also could have wrapped up the conversation long before. She offered to let me test drive it sometime so we exchanged names and numbers.

When I got home my SO was wondering what took me so long to get gas since that was my only errand. I told her I met a woman and she showed me her car. My SO was interested in knowing about the car as well but she said: "Sure sounds like she was a Chatty Cathy."

A few days later I was at Whole Foods with the SO and I heard a woman call my name out loud. I turned around to see the Car Lady standing there looking very fine. Even better than at the gas station. I knew that this hottie calling me by name with my SO there could be trouble so I politely told her it was nice seeing her again and introduced her to my SO who was standing next to me looking very displeased.

"Are you a coworker?" asked my SO.

"No, this is the lady I was telling you about from the gas station," I said before Car Lady could answer.

My SO looked even less pleased.

Car Lady picked up on that and said to my SO:

"Oh, you are welcome to test drive my car, too. Not today, though. I need to clean it first. Kids."

Pregnant pause.

"You are so kind," said my SO while staring at me with daggers.

"Maybe some other time," I said quickly.

Car Lady scurried away in a hurry.

Every time we talked about buying a car my SO specifically avoided discussing that make and model anymore. I did buy a car in the end - not a hybrid at all but a Subaru - and Car Lady's car was the one we didn't consider at all. Never did drive it.


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