Handyman
Hug someone you care about...
Yep and there is other indicators as well which match up...like what is being bought on credit these days and how far behind people are falling on those payments.During the lead-up to the 2008 crash, in 2007, we saw a huge spike in defaulted car loans and subsequent repossessions. This later tied into the mortgage default crisis because people who overextend on one often overextend on the other. (In for the penny, in for the pound.) During the past 6-9 months, we have seen a large uptick of that same trend.
All of that is to say, this rollback couldn’t happen at a more fitting time to make our (recent) history rhyme with the near future.