Household Debt Reached A New High, But There’s Something Else We Should Be Worried About


After increasing for 11 straight quarters, aggregate household debt toppled the previous peak in 2008, reaching a total of $12.73 trillion in the first three months of 2017, according to a quarterly report released Wednesday by the Federal Reserve Bank of New York. That total is 14 percent above the valley formed by the drop in…

Household Debt Reached A New High, But There's Something Else We Should Be Worried About
Household Debt Reached A New High, But There’s Something Else We Should Be Worried About

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