According To These 2 Charts, A Default Cycle In The US Is Now Inevitable

by Tyler Durden
ZeroHedge.com
02/15/2016

“Over the past 100 years, when defaults have risen above 4%, they have typically continued to rise close to 10% (i.e. a full default cycle). This is because of the tendency for credit stress to become self-fuelling: a rise in expected defaults pushes up financing costs, which tips some marginal borrowers over the edge, further increasing defaults and so on.

The Rest…HERE

This entry was posted on Tuesday, February 16th, 2016 at 1:27 am and is filed under Conspiracy, Corruption, Economics, Government Evil. You can follow any responses to this entry through the RSS 2.0 feed.