Consumer Debt up 50% Since 2008…Post-crisis Rise In U.S. Stock Buybacks Came With An Almost Identical Rise In Debt.
In the first quarter of 2018, Americans owed $3.824 trillion, up 5.1 percent from the same time period last year. Post-crisis rise in U.S. stock buybacks came with an almost identical rise in debt. https://t.co/GNG5cJOoQX pic.twitter.com/nKekjAF6Zi — Trevor Noren (@trevornoren) May 11, 2018 The market for loans to highly indebted companies has grown almost 50% … Read more