Tag: household debt
Deleverage post #5
Back in September 2008 I wrote this post on household deleveraging. Although I haven’t posted on this subject in a while it is clear that the trend continues. In this morning’s WSJ this article is featured entitled “Drought of Credit Hampers Recovery“. In the article the authors explain that consumer debt (i.e. auto loans, credit [...]
Posted: October 8th, 2009 under Debt.
Tags: deleverage, household debt, reduction in debt
Comments: 1