Gaucho

Capital One: Outlook Not As Rosy As Analyst Describes

Credit cards are the next fall after the housing market. Last month credit cards debt increased 5%!!! This growth, as I read it, is indicative of a spiraling debt load for borrowers. Houses are no longer an ATM and the resets are peaking in FEB MARCH and April. At the same time the credit cards debt is exploding. Am I the only one drawing a connection here?