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grayruby

There’s always a 0% apr rollover offer to keep the consumer credit carnival humming along. 

evanbaer

Meta Econ Takeover Day 13

Undisciplined

> Obvious answer seems like sovereign debt

"The market can stay irrational longer than you can stay solvent." That always comes to mind when people talk about the debt being unsustainable. It is, but also it's not paid off for those who bet on it.

Consumer credit seems possible, especially with rates spiking.