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Notice that over the last 30 years we've had three other periods when consumer loan growth stagnated at a far worse degree than we are seeing now.
Consumer loan growth is not even negative year over year yet. Also note there are three other times when the year over year rate of loan growth was negative -- and now is not one of those times.
We've also see three other periods when commercial loan growth occurred at a rate far lower than we are seeing now.
In addition there are six other times when commercial and industrial loans grew at negative rates -- and now is not one of those times.