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Sunday, August 9, 2009

Consumer Credit still down...

Lastest G.19 Consumer credit data from the Fed. I guess growth does not have to be consumer credit driven. Well, we need to see trade figues for are back up, or less than reported than the month of April. So, I guess we have a claim that things are moving back in the right direction.

But, if we want folks to spend to get the economy back in shape, shouldn't there be consumer credit growth as well?
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