Relevant:
- Americans Cut Their Debt
- Americans Cut Their Debt
- Equifax: Credit card debt surges in top 25 US metro areas (CONSUMERS BACK ON CREDIT CARD LIFE SUPPORT-DRIP!!)
- Americans now Hold Over $4.1 Trillion in Consumer Debt: Last Debt Bubble Peak was at $2.5 Trillion.
- US Household Debt Is Rising 60% Faster Than Wages
2012-09-19 — ritholtz.com
The Great Recession brought an end to a 20-year expansion of consumer debt. In its wake is a lively debate about what caused the turnaround. Was it motivated by a decreased appetite for debt by consumers or an unwillingness to lend by banks? Our analysis of Equifax and Mail
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