consumer credit bubble

1 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement May 13, 2022 by David Friedberg · across every show →

Everything said about consumer credit bubble, oldest first

May 13, 2022 bearish
Assertion Partly supported
Friedberg: US consumer credit jumped $60B in a single month
“Sachs's point is like, I mean, the number was sixty billion of new consumer credit last month, which is like something we haven't seen in a very long time as consumers try and bridge this gap to afford the things that they've gotten used to spending money on. …”
David Friedberg May 13, 2022 ▶ 14:21 E80: Recession deep dive: VC psychology, macro risks, Tiger Global, predictions and more
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