Nice chart from Morgan Stanley breaking down total U.S. credit market debt as a percentage of GDP since 1929. The differences in the debt’s composition from the 1930s to today are striking, with households, not corporates, being the credit problem children today.
Tuesday, March 24, 2009
U.S. Total Credit Market Debt by Sector: 1929-2008
Posted by Editor at 8:31 PM
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