Posts, Links and Thoughts From A Believer In Free Markets, Individual Responsibility, American Exceptionalism, A Strict Interpretation of the Constitution, The Right To Bear Arms and The Notion That More Government Can Only Make Things Worse
Tuesday, December 15, 2009
Household Debt/GDP Shows Deleveraging Has Just Begun
This is not an optimistic chart of US household debt as a % of GDP and suggests that the deleveraging process has only just begun and will take years.
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