Roberm73

Consumer bankruptcy filings hit 135,913 in October, an 8.9% jump from September, and 27.9% higher than a year ago. "The debt overhang from literally a decade or more of really high consumer spending and low savings rates has put families in a particularly vulnerable spot," Samuel Gerdano of the American Bankruptcy Institute said. The rise outpaced a 7% M/M increase in business filings.

doomisnigh.blogspot.co...
Looks like the consumer is not the only story.