[PGR88]

Private debt may be declining (does it include student loan debt?) but note that incomes are declining also over the last years. With less money being earned, of course people can carry less debt

[SamAdams76]

That's a scary chart (Median Household Income). While incomes fall, expenses like gas, food, health care and education continue to skyrocket. The middle class is getting squeezed out of existence. One one side you have the growing poor who are wards of the gub'mint or you are rich and able to escape if things get too bad.

Heard that Steve Wozniak was taking his billion dollars to Australia. There are going to be a lot of millionaire ex-pats if this crap keeps up.