[wowohwow]

A very effective TL;DR of my post :) -- with the addition of companies laying off due to lower spending, which leads to more delinquencies, than more layoffs, etc

[toomuchtodo]

Sorry if I stole your thunder, I have access to broad consumer lending and health macro data in my day job, was really just confirming your post.

[wowohwow]

Not stealing thunder! I'm glad you work in the field and agree with my conclusions!