Total US Credit & Loans – January 2010

total-credit-january-2010

Total credit and loans are, after a brief bump over the past two months, continuing their unstoppable contraction. Since October 2008 they have contracted by $1.3 trillion to now $15.6 trillion.

Deflation is still the name of the game, no matter how much the Fed and the government try to reflate the bubble.


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