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Podcast: Inflection Point
Episode: Cracks Form In Consumer Credit | Weekly Roundup
Description: In this episode, Mark and I tackle the growing bubble in consumer credit. We take a look at the personal savings rate and compared it to the sudden staggering increase in revolving credit.We discussed the evolution of banking in recent history, the growing and worrisome trend of "Buy Now Pay Later" and Apple's foray into that field, and covered the overall psychology of consumers during a recession.We ended the episode by covering BlockFi's down round, and whether or not we can expect more of the same in...