ALJAZAM Inside Story February 21, 2014
Less, and paid down a lot of debt, good for you. And as it turns out not so great for the wider economy. As you repair your family balance sheet, the auto workers, and those who make, houses, cars, and tvs, were all waiting for you to come through the door. Credit card balances are a little more under control. Home equity credit lines a lot more so. Are the latest stats that show an increase in borrowing good news . Indicating that americans are ready to spend again . Or is it continued weakness . Lets start this inside story with a look at the numbers. Americans borrowed more than 11. 5 trill...