Comments by "DrScopeify" (@drscopeify) on "Fed can't move toward cutting rates at current financial conditions: Morgan Stanley's Lisa Shalett" video.

  1. Credit card debt is actually a good thing as it shows that people are once again building trust and confidence and going out in to the world and enjoying life and being part of the world around them, spending money and doing what people do. In fact I will tell you that Credit card debt during COVID has been one of the lowest levels in some 7-8 years so of course it is by nature going to rise back up as COVID ended and prices and incomes increase so will the credit card debts. overall my view is that credit card debt is actually low. Credit card debt COLLAPSED after the housing crsiis and has NEVER recovered, if 2008 had not occurred it is possible that today credit card debt would be at 2 trillion if you follow the same trend line and as such we are incredibly below the trend line today and have massive room to grow by as much as some 900 billion more left to rise just to get back to the 2008 trend line before the housing crisis.
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  2.  @Paintball1212  Yes I agree with you
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