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A comment on 55% of the US National Debt Is the Result of Repaying Debt with More Debt. Parent comment

Re:55% of the US National Debt Is the Result of Repaying Deb... by graedus on Thursday July 19, 2018 @10:56AM (#17566862)
I managed to find that - thanks!

A few other interesting angles: Household Debt Service Payments as a Percent of Disposable Personal Income[0] (10.3%, near 40-year lows), Consumer Debt Service Payments as a Percent of Disposable Personal Income[1] (5.9%, near 40-year average), Personal Saving Rate[2] (3.2%, near 50-year lows).

[0] https://fred.stlouisfed.org/series/TDSP

[1] https://fred.stlouisfed.org/series/CDSP

[2] https://fred.stlouisfed.org/series/PSAVERT

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Re:55% of the US National Debt Is the Result of Repaying Deb... by readhn on Friday July 20, 2018 @07:56AM (#17574246)
Part of the problem might be that it became harder for folks to obtain debt (mortgages specifically).
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