The State of the American Debt Slaves, Q1 2018

Note how the dip after the Financial Crisis – when consumers deleveraged mostly by defaulting on those debts – didn’t last long. Over the 10 years since Q1 2008, consumer debt has now surged 47%. Over the same period, the consumer price index has increased 16.9%:

 

 

 

https://wolfstreet.com/2018/05/08/consumer-credit-auto-revolving-student-loans-q1-2018/

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