Quote from PaulRon:
Securitized credit card debt has potential for a serious downturn. Imho, VISA is a very dangerous investment.
credit card delinquencies are going to SURGEEEEEEEEEEEEEEEEEEEEEE
$1 trillion in Credit Card debt and getting even larger by the day, this is the next to go.....
They should take measures RIGHT NOW to help this area but will not until it finally falls apart.....