A good take, but massively tightening credit could be an even worse indicator for the status quo lol.
A good take, but massively tightening credit could be an even worse indicator for the status quo lol.
I'm not saying that credit limits being lowered is a good thing - it isn't. It means issuers know they issued too much already and need to correct.
I just think that the people buying silver are getting hit less because of what they're buying and more because they're already somewhat risky, buying an investment with credit.
I'm not saying that credit limits being lowered is a good thing - it isn't. It means issuers know they issued too much already and need to correct.
I just think that the people buying silver are getting hit less because of what they're buying and more because they're already somewhat risky, buying an investment with credit.
Yeah after reading the article I think you're right. I use my cards only as debit cards. I would never have debt with the banks so the concept of "only using 50% of your credit line" sounds completely alien to me.
Yeah after reading the article I think you're right. I use my cards only as debit cards. I would never have debt with the banks so the concept of "only using 50% of your credit line" sounds completely alien to me.
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