Relevant:
- The suffocation of unsustainable global debt -- Total global debt is now over $190 trillion and more than three times global GDP.
- Welcome back debt! Total household debt shot up by $63 bln last quarter with total back over $12.35 tn
- Deja Vu All Over Again: Total US Debt Passes Debt Ceiling... In Under One Month Since Extension
- Ponzi Nation
- Total credit market debt balloons to $53 trillion while US households pushed to deleverage.
2012-04-18 — mybudget360.com
From 1950 to 1980 total US credit market debt to GDP held a ratio of 1.5. Today that figure is above 3.5 with total US credit market debt at $54 trillion.
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