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Household debt through the years

by Todd Babbitt on November 2, 2011

 

With all the occupy Wall Street news and movement going on right now, I think we need to reflect on what the average household debt has looked like over the years. While we are in a culture of finding others to blame, it is important to realize we also have ourselves to blame. Since the 2000 house hold debt as a percent of disposable income has held at a very high level. Below is a great graph to understand this issue.

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