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by noahtf13 210 days ago
I’m not seeing delinquency increases or values close to .com or ‘08 on this (https://fred.stlouisfed.org/series/DRALACBN) or more specific series
1 comments

The overall rates are increasing but contagion takes time to spread from subprime which are getting hit much harder, credit card, car and student loan in particular. They will spike when things really hit the fan, first the asset values have to deflate.