Tag Archives: US private debt

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

How close is the US to a "Minsky moment" in the financial cycle?ReutersRed flags emerge as Americans' debt load hits another record Jonathan Spicer