Post Profile

Year Eight of the Great American Recovery: Household Debt

U.S. data for household debt for 2Q 2017 is out at last, and the likes of Reuters and there best of the official business media are shouting over each other about the ‘record debt levels’ warnings. The post Year Eight of the Great American Recovery: Household Debt was originally published at The Wall Street Examiner. Follow the money!
read more


Related Posts

Debt Deflation in Spain: Record 4.7% Decline in Household Credit, Business Lending Down 10%

Business & Finance / Economics : Mish's Global Economic Trend Analysis

Kiss any notion of a Spanish recovery goodbye.Via translation, El Pais reports Household credit suffers record fall in October despite the rescue. Credit in Spain continues to show signs of weakness, year and a half after the Troika...

Households borrow while business stints: James Saft

Business & Finance / Economics : James Saft

Nov 19 (Reuters) – Households are borrowing like it’s 2008 but businesses simply won’t play along. That gap, between households which once again are taking on debt and businesses which can find nothing better to do with record profi...

U.S. household debt tops 2008 peak, but this time Americans' finances are better

Business & Finance : LA Times: Business

The recovery from the Great Recession has hit a milestone: Household debt climbed to $12.73 trillion in the first quarter to top the previous peak reached in 2008.

Americans have more debt than ever before — here's what it looks like

Business & Finance : Business Insider: Money Game

US household debt during the first quarter rose to a new high, surpassing the previous record levels seen in 2008, a report from the New York Federal Reserve released Wednesday showed. Total household debt increased by $149 billion ...

American Household Debt Hits New Record High

Business & Finance : Business from Newser

It's beginning to look a lot like 2008. The New York Times reports Americans had $12.7 trillion in household debt during the first quarter of 2017—a record high beating out the previous peak, which came immediately before the financ...


Copyright © 2016 Regator, LLC