Nachricht auf Bloomberg: U.S. Economy: May Consumer Borrowing Rises $11.8 Bln

Washington, July 10 (Bloomberg) -- Borrowing by U.S. consumers rose in May at the fastest pace since the beginning of the year, suggesting a slowdown in spending may be short-lived.

Consumer credit increased by a larger-than-expected $11.8 billion after rising $8.8 billion in April and $10.7 billion in March, Federal Reserve statistics showed.

The latest figures means borrowing rose at a 9.8 percent annual rate in May, almost as fast as the first quarter's 10.3 percent pace -- which coincided with the fastest pace of spending in almost 17 years.

...

In diesem Zusammenhang bitte unbedingt Doug Noland's letztes Credit Bubble Bulletin beachten: er berichtet, wie in Californien die Löhne auf breiter Front um 10 bis 20 % gestiegen sind.

Sieht so aus als wenn die Infla jetzt richtig in Fahrt kommt. Da kann der Absturz des Dollars nicht mehr allzu fern sein...

Gruß, NickLeeson

<center>

<HR>

</center>