This is always a good post from Business Insider. My contribution was kind of obvious, given that I’ve focused so much on household debt trends in the last 5 years:
“The U.S. economy has been mired in a 5 year de-leveraging cycle following the housing bubble that wreaked havoc on household balance sheets. The latest Z.1 Flow of Funds report from the Federal Reserve showed the first year over year % increase in household debt since the financial crisis started. This is a clear sign that the household credit crisis is coming to its final chapters and that the US economy is officially stepping out of a very nasty chapter in US economic history.”
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