Chart: US Household Debt vs. Personal Savings Rate
An extraordinary illustration of the dramatic decline in the US savings rate and the unsustainable expansion of household debt.
The Affordable Mortgage Depression
Government policies were designed to increase homeownership. Affordable Mortgages, created to realize this goal, were responsible for the Housing Bubble and distorted the economy. The unwinding of these distortions will result in a Global Depression.
Repeating the Mistakes of The Great Depression
The Author Has Abandoned the U.S. in Pursuit of Prosperity
The AMD (2006 - 2013)
Syndicate
The Affordable Mortgage Depression: Chart: US Household Debt vs. Personal Savings Rate
That's great, I never thought about US Household Debt like that before.
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I was just thinking about US Household and you've really helped out. Thanks!
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