MAY 17, 2017
ORIGINAL SOURCE: US Household Debt Surpasses 2008 High, Hits Record $12.7 Trillion by Tyler Durden of zerohedge.com on 5/17/2017
Household debt just keeps getting exponentially worse and so does the total U.S. debt as were getting closer that $20 Trillion mark. Consumer's appear to be tapped out as a notable uptick in credit card debt transitioning into delinquencies
Declining household loan growth demand is typically an indication of a contracting economy.
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