Americans have finally stopped borrowing money. It helps that the banks stopped lending it out to begin with. So people stopped asking for it. People started buying things, including houses, with money they actually have.
BUILD EQUITY. Not debt.
(Chart courtesty of Here Is The Simple Reason Why QE Is Unnecessary | zero hedge)
I am a woman born to Nigerian parents, walking with God, interested in art and technology yet passionate about economics, investments, and capital markets.
At 30, I started this site to be a collection of all that and more forming an eclectic collection of real information. Read more.
"Faith might do, accomplish, and create a lot. In fact, it does."
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