Did the Fed Just Warn the Debt Bubble is Bursting?
While everyone is focusing on political issues, the NY Fed published a stunning report on the state of the US consumer. According to the NY Fed, the average US household has hit a new record for debt, surpassing the old record set at the peak of the 2007 bubble. Put simply, the average US household
The post Did the Fed Just Warn the Debt Bubble is Bursting? appeared first on Gains Pains & Capital.
Source: http://gainspainscapital.com/2017/08/16/fed-just-warn-debt-bubble-bursting/
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