tag:blogger.com,1999:blog-11027528911364475.post8702064220230702435..comments2024-02-18T21:10:05.205-08:00Comments on EconomPic: Was Consumer Delevering Part IIJakehttp://www.blogger.com/profile/07946497592651234440noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-11027528911364475.post-31730459902767675352010-05-02T22:16:34.614-07:002010-05-02T22:16:34.614-07:00Jake -- just in case the subject comes up again, y...Jake -- just in case the subject comes up again, you might want to know the CardHub data was incorrect. They applied a rate from the Fed chargeoff data, which is for commercial banks only, to the total revolving debt, which is only 1/3 from commercial banks. See http://www.clearonmoney.com/dw/doku.php?id=investment:commentary:2010:05:01-consumer_credit_and_consumer_spending<br /><br />Jim Fickett<br />ClearOnMoney.comJim Ficketthttp://www.clearonmoney.comnoreply@blogger.com