Scenarios

I have created a scenario based on recent data of delinquency rates. Assuming delinquency rates continue to rise at an ever increasing rate of 7% per quarter (the rate of the last 4 quarters).

Then the following chart (one possible scenario) can be seen…

I would say that delinquency rates above 25% for all debt (starting Q1 2011) precipitates an accelerating crisis.

The data can be found here…

Ever Increasing Delinquency Rate

Total Credit Market Debt since 1920

The real explosion occurs since 1982. From Comstock partners…