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RE: US Household Debt Now Exceeds Pre-2008 Credit Bubble/Market Crash Levels. By Gregory Mannarino

in #money7 years ago

That depends on whether it's majority consumer debt(being paid for by the debtor), or leveraged debt(being paid for by someone else). Being in good debt(that puts cashflow into your pocket) vs bad debt(that takes cashflow out of your pocket). Would have to dig deeper into the figures to see what the % are.