At some point private debt becomes unsustainable by income. There is nothing in the report to suggest that this point is closely approaching from the household side, however, although there has been some noise about rising corporate debt and its quality. Calculated RiskNY Fed Q1 Report: "Total Household Debt Rises for 19th Straight Quarter, Now Nearly $1 Trillion Above Previous Peak"Bill McBride
Read More »Zero Hedge — Household Debt Rises By $572 Billion, Ends 2017 At All Time High
Zero Hedge Household Debt Rises By $572 Billion, Ends 2017 At All Time High Tyler Durden
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