US Household Debt has Fallen by $833 billion since 2008

US Household Debt has Fallen by $833 billion since 2008 according to McKinsey. The decline is largely through defaults.

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HT: Susan Lund

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Graduate student at UC Berkeley, studying public finance & labor economics. https://sites.google.com/site/omzidar/
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15 Responses to US Household Debt has Fallen by $833 billion since 2008

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  14. Loans Broker says:

    Can’t decide whether to buy a book on this myself, or just read plenty of websites. Is there that much to it?

  15. Johnny24 says:

    The stock market crash of 2008 and ensuing financial crisis brought many Americans into the harsh reality of living in debt. Here is a collection of resources that may help you gain a fresh perspective on beating it.personal debt

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