The Next Shoe to Drop

I know, I know. Friday I talked about positive thinking and mitigating the regurgitation of negativity… however, this is simply unavoidable, so apologies in advance.

JPMorgan Chase, the first of the major U.S. banks to report 4th quarter results, noted that card services reported a loss of $371 million, after a profit of $609 million a year ago, as more cardholders failed to make their payments.

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