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Remember the Ancient MiG-19 Fighter? North Korea is Still a Fan

Remember the Ancient MiG-19 Fighter? North Korea is Still a Fan The J-6 frame is flown by a small number of countries, and North Korea may be the biggest operator. Heres What You Need to Remember: The Chinese were one of the biggest MiG-19 customers, although they had a different name for the speedy little jet. North Korea is one of the only countries that still maintains a fleet of J-6/MiG-19 planes. Although it was speedy for its era, it couldn’t hold its own anymore. Better Designs:  The...
United States Slovak Republic Republic Of North Korea North Vietnam Vietnam General

Why North Korea Loves the Ancient MiG-19 Fighter

North Korea is one of the only countries that still maintains a fleet of J-6/MiG-19 planes. Heres What You Need to Know: For now, this old frame keeps flying. North Korea is one of the only countries that still maintains a fleet of J-6/MiG-19 planes. Although it was speedy for its era, it couldn’t hold its own anymore. Better Designs:  The MiG-19 was designed to address issues that stemmed from the MiG-15 and similar MiG-17 fighters. While both fighters were capable when compared to their co...
United States Slovak Republic Republic Of North Korea North Vietnam Vietnam General

January 2021 Consumer Credit Now In Contraction Year-over-Year

Headline consumer credit contracted in January and was extremely below expectations. Our analysis of the unadjusted data shows annual growth is now in contraction year-over-year. Analyst Opinion of the Consumer Credit Situation Student loan year-over-year growth rate declined and remains in an overall slowing trend. Not only does this data set suffer from backward revision (at times moderate to significant enough to change trends -, but the use of compounding (projecting monthly change as annua...
United States Steven Hansen Bank Net Loan Losses Data Download Program Federal Reserve Consumer Credit

December 2020 Consumer Credit Growth Slows, Literally No Growth In 2020

December 2020 Consumer Credit Growth Slows, Literally No Growth In 2020 Headline consumer credit barely expanded in December and was well below expectations. Our analysis of the unadjusted data shows annual growth continues barely in expansion year-over-year. Analyst Opinion of the Consumer Credit Situation Student loan year-over-year growth rate marginally declined and remains in an overall slowing trend. Not only does this data set suffer from backward revision (at times moderate to significa...
United States Steven Hansen Bank Net Loan Losses Data Download Program Federal Reserve Consumer Credit

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