Relevant:
- America’s debt burden starts to shrink
- Expanding the debt bubble to a tipping point -- US government debt growing 4 times faster than GDP. Retail investors largely out of stock market.
- Fed Study of Student Debt Outlines a Growing Burden
- Three Key Reasons Housing Not Coming Back: Demographics, Student Debt, No Jobs
- The US economy glides like a box of rocks. Don't stand under it.
2009-06-11 — ml-implode.com
" The Fed published its latest Flow of Funds report today. One key takeaway: While total debt is growing more slowly, it is still growing. Since Q3 ‘08 households have cut their debt (slightly), but the federal government is borrowing so rapidly, overall debt continues to expand."
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