"This is fine."
Conversation
"Norwegian household debt is still growing faster than household income and now represents approximately 230 per cent of the sector’s disposable income."
Replying to
"(...) borrowers' average debt-to income ratio (the ratio of total debt to gross annual income) has increased significantly by 19 percentage points compared with last year's survey."
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"There has been a significant increase in banks’ residential mortgage lending in recent years, both in absolute terms and relative to total lending. This increase is largely financed through the issue of covered bonds (OMF)."
GIF
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So guys the good news is if Norway doesn't have a bad year, caused, say, by the growing private debt bubble and lowered incomes, there probably won't be a total collapse!
GIF
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You could do worse than reading a bare minimum of macroeconomic news and history for a bit of contemplative practice.
There really is no place to stand.
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Stoics and Samurai: "You should think of your death every day, preferably."
Today: "Read a weather report or financial forecast every week."
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Most of my favourite Twitter people have gone so far through despair about these things, they've come out at some form of resolve.
Whatever the outcome, I find that beautiful.