Total US Debt Is Back To Its Great Depression Peak
by Tyler Durden
ZeroHedge.com
05/14/2016
The following chart from Citi shows the last century of US non-financial leverage in context. As of this moment, consolidated US non-fin debt/GDP is about 275%, or roughly where it was US when the great depression stuck. For those curious about the “tipping point” threshold levels, keep an eye on 300% – that’s when the system collapsed last time leading to a devastated economy.
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