Compared with 2008, Americans are borrowing more for college and cars and less for houses https://www.wsj.com/articles/u-s-household-debts-hit-record-high-in-first-quarter-1495033206 …pic.twitter.com/q2OhcyaSLa
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Compared with 2008, Americans are borrowing more for college and cars and less for houses https://www.wsj.com/articles/u-s-household-debts-hit-record-high-in-first-quarter-1495033206 …pic.twitter.com/q2OhcyaSLa
A big caveat: these figures (from the New York Fed) aren't adjusted for inflation. The economy is a lot larger nowhttps://www.wsj.com/articles/u-s-household-debts-hit-record-high-in-first-quarter-1495033206 …
@andrewvandam is my spirit animal
Odd not to see avocado toast on here..
Auto and student loans seem to be the major sources of growth
And it was American banks and finance houses that dropped us all in it.
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