Yes, however many industries in the US are attempting to "financialize" everything.
Debt-lenders no longer can sustain growth on just houses and cars- "let's go after furniture, all consumer goods, technology, payday loans"... etc.
It is a good solution for many to "just have money on hand", but when asset prices are inflated due to easy credit, how can I ever have enough to buy in cash?
Debt-lenders no longer can sustain growth on just houses and cars- "let's go after furniture, all consumer goods, technology, payday loans"... etc.
It is a good solution for many to "just have money on hand", but when asset prices are inflated due to easy credit, how can I ever have enough to buy in cash?