'WTF was that!' – stocks explode higher as US economy heads into recession
ZERO HEDGE reports: Following the first real signs of a US recession (with a shocking negative ...
ZERO HEDGE reports:
(Authored by Lance Roberts via RealInvestmentAdvice.com)
I recently published an article discussing why “recessions” are a good thing by reverting debt buildups excesses during expansions. The argument against debt reversions is always the same in that “debt-to-income” ratios low. To wit:
“One reason (of many) we don’t need a debt reversion is that household debt service costs (interest etc.) as a % of household incomes are currently at a 40 year low.” – S. Porter
If you look at a chart, it certainly would seem ...
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