Credit Card Company Vs. Delinquency Rate

Credit card companies bottom out at the peak of delinquency rates. When delinquency rates go down, people will start buying things again and go into debt.

Credit Card Interest Rate Vs. 10 Year Bond Yield

Credit card interest rates are correlated to the 10 year bond yield. However, we see a divergence in 2019.

Hong Kong day 5: McDonald's technological advancement

Another technological advancement in Hong Kong is the Octopuscard. You basically link your bank account to this card and then you pay for everything at the movies, stores, transports and restaurants without having to input your passcode, nor do you have to do any recharging. This makes everything much faster, more efficient and more accurate.

I wish we had this in the western world.

Next on, we went to the Admiralty's park of Hong Kong. The most beautiful place there is the aviary where you can walk in the habitat of the exotic birds. I found a very weird tree there.